Business, 17.12.2019 22:31 cartertyson499

question 1
the person responsible for preparing the payroll is often called the:

payroll clerk.

payroll assistant.

pay accountant.

master payroll clerk.
2 points
question 2
a record of the time an employee arrives and leaves each day is often kept on a:

ledger card.

debit card.

clock watcher.

time card.
2 points
question 3
an amount paid to an employee based on a percentage of the employee's sales is called a/an:

wage.

commission.

salary.

allowance.
2 points
question 4
a list displaying the employee names and the payments due to each employee for a specific pay period is called the:

outstanding loans.

pay stubs.

payroll.

pay period.
2 points
question 5
a 401(k) plan is:

a mandatory deduction.

a voluntary deduction.

an allowance.

a taxable deduction.
2 points
question 6
when an employer deposits an employee's pay into his or her personal checking account; it is called:

indirect deposit.

direct deposit.

cashing the check.

safety deposit.
2 points
question 7
match the terms in column i with the definitions in column ii.

accumulated earnings
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commission
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deduction
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electronic badge readers
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overtime rate
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salary
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withholding allowance
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answer
a.
electronic attendance
b.
fixed pay
c.
1.5 times
d.
year-to-date gross earnings
e.
form w4
f.
income tax
g.
percentage on sales

Answers: 1

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question 1
the person responsible for preparing the payroll is often called the:

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