Question 1

The details for each paycheck created including Net Amount, Total Hours, Taxes Withheld, and other important information is found on the report.&#10;A)Payroll Details&#10;B)Tax Details&#10;C)Employee Details&#10;D)Payroll Summary

Accepted Answer

The Payroll Summary report provides a summary of the details for each paycheck created, including Net Amount, Total Hours, Taxes Withheld, and other important information.

Question 2

If an employee's withholding status is , you will not have to enter information for state withholding.&#10;A)Single&#10;B)Married&#10;C)Married, but withhold as Single&#10;D)Do Not Withhold

Accepted Answer

A

Question 3

To make selections regarding pay policies, electronic services, tax setup, deductions, and preferences, you access .&#10;A)Employee List&#10;B)Payroll Settings&#10;C)Company Settings&#10;D)Employee Center

Accepted Answer

Payroll Settings are accessed to make selections regarding pay policies, electronic services, tax setup, deductions, and preferences, as they directly relate to how employees are paid and how those payments are processed and reported.

Question 4

Each time employees are paid, the company pays Employer Payroll Taxes.

Accepted Answer

Employer payroll taxes are costs that the employer must pay in addition to the wages whenever employees are paid, which include Social Security and Medicare taxes, federal and state unemployment taxes, and other state-specific taxes.

Question 5

Inactive employees may not be reinstated or terminated.

Accepted Answer

Inactive employees can be reinstated or terminated based on the policies of the organization and the circumstances surrounding their inactivity.

Question 6

Payroll Taxes are paid in the Payroll Tax Center.

Accepted Answer

The Payroll Tax Center is a feature in payroll software where businesses can manage and pay their payroll taxes.

Question 7

Click the button to view Pay, Employee taxes, Employee deductions, and Employer taxes for each employee paid.&#10;A)Edit Payroll&#10;B)Preview Payroll&#10;C)Finalize Payroll&#10;D)Paycheck

Accepted Answer

The "Preview Payroll" button allows users to view details such as Pay, Employee taxes, Employee deductions, and Employer taxes for each employee before finalizing the payroll process. This step is crucial for verifying accuracy.

Question 8

There are three distinct areas of information for each employee: Pay, Profile, and Employment.

Accepted Answer

This statement is true. There are typically three distinct areas of information that are tracked for each employee: their pay, their profile (which includes personal information, job position, and other relevant details), and their employment history (which includes start and end dates, job titles, and performance evaluations).

Question 9

Payroll is activated in Company settings

Accepted Answer

The statement is not verifiable without specific context or access to the company's settings.

Question 10

When reviewing paycheck detail, you may manually change employee taxes for .&#10;A)Medicare and Social Security&#10;B)State Disability&#10;C)Health Insurance&#10;D)Federal and State Income Tax

Accepted Answer

Federal and State Income Tax can be manually adjusted based on specific circumstances or corrections, whereas other taxes like Medicare, Social Security, and State Disability are typically fixed by law.

Deck 9: Payroll