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NEW QUESTION 20
Which of the following forms must be submitted annually by large food and beverage establishments with monthly deposit obligations of more than $100,000?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
NEW QUESTION 21
A statutory employee's pay is subject to which of the following taxes?
- A. Federal income tax, Social Security, and Medicare
- B. None
- C. Social Security, Medicare and FUTA
- D. Federal income tax
Answer: C
NEW QUESTION 22
Transactions are recorded in chronological order into books of original entry called:
- A. registers
- B. journals
- C. vouchers
- D. invoices
Answer: B
NEW QUESTION 23
A company pays all executives semimonthly. The FLSA requires all other employees to be paid on:
- A. a semimonthly cycle
- B. any established cycle
- C. a weekly cycle
- D. a biweekly cycle
Answer: B
NEW QUESTION 24
Which of the following sets of data should be maintained on the payroll master file?
- A. Employer's date of incorporation
- B. Name and address of benefits provider
- C. Employee's prior employment history
- D. Deductions made to satisfy an IRS levy
Answer: D
NEW QUESTION 25
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