Question 1

Payroll is activated in Company settings

Accepted Answer

False

Question 2

Payroll Taxes are paid in the Payroll Tax Center.

Accepted Answer

Payroll Taxes are indeed paid in the Payroll Tax Center.

Question 3

To obtain complete information regarding salaries and wages, tax information, deductions, and vacation/sick leave, you print the report.&#10;A) Payroll Details&#10;B) Tax Details&#10;C) Employee Details&#10;D) Payroll Summary

Accepted Answer

C

Question 4

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

It is not recommended to manually change employee taxes for Medicare and Social Security or State Disability as these are legally required and any changes could result in penalties or legal issues. Health insurance deductions are typically agreed upon in advance and should not be changed without the employee's consent. However, it is acceptable to manually adjust the withholding for Federal and State Income Tax if necessary, as long as it is done within the legal limits and regulations.

Question 5

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

Preview Payroll allows you to view all the details for each employee, including Pay, Employee taxes, Employee deductions, and Employer taxes, before finalizing the payroll.

Question 6

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

Accepted Answer

The statement is true, as there are typically separate categories for pay, profile, and employment information in employee records or databases.

Question 7

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

The answer of If an employee's withholding status is ,...

Question 8

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

Accepted Answer

Employer Payroll Taxes, such as Social Security and Medicare taxes, are required to be paid by the employer each time employees are paid.

Question 9

All salaried employees are eligible for overtime pay.

Accepted Answer

Salaried employees are not automatically eligible for overtime pay. The Fair Labor Standards Act (FLSA) sets various criteria, such as job duties and salary level, to determine whether an employee is exempt from overtime pay.

Question 10

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 is where you can make all the necessary selections and adjustments for pay policies, electronic services, tax setup, deductions, and preferences related to payroll management. The other options, Employee List, Company Settings, and Employee Center, do not provide the same level of access to these specific settings.

Deck 9: Payroll