Identify all correct statements concerning payrolls and related payroll costs:
A) Both employers and employees are required to contribute to employee pension plans.
B) Workers' compensation premiums are withheld from employees' wages.
C) An employer's total payroll costs usually exceed total wages expense by about 7 1/2%.
D) Employers are required to pay Social Security taxes on employees' earnings, but they are not required to pay for health insurance.

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The Answer of Identify all correct statements concerning payrolls and related payroll costs:
A) Both employers and employees are required to contribute to employee pension plans.
B) Workers' compensation premiums are withheld from employees' wages.
C) An employer's total payroll costs usually exceed total wages expense by about 7 1/2%.
D) Employers are required to pay Social Security taxes on employees' earnings, but they are not required to pay for health insurance.

Identify All Correct Statements Concerning Payrolls and Related Payroll Costs