Match the following terms with their definitions.
-Wage bracket
A) May be used in calculating Social Security and Medicare
B) Pay rate based on schedule of units completed
C) Income tax
D) Minimum wage standard
E) Alternative method to percentage method
F) 52 times a year
G) Aids in determining amount of FIT withheld
H) 26 times a year
I) Method to calculate FIT
J) 24 times a year
K) Different levels result in different commission scales
L) Wages subject to tax
M) Commission to manager
N) Broken down into Social Security and Medicare
O) Wages before deductions
P) Gross pay minus deductions
Q) Aids unemployment program
R) Wages based on percent of the value of goods sold
S) Affected by company's employment record
Correct Answer:
Verified
Q72: Match the following terms with their definitions.
-Semimonthly
A)May
Q73: Match the following terms with their definitions.
-Variable
Q74: Match the following terms with their definitions.
-Override
A)May
Q75: Match the following terms with their definitions.
-Taxable
Q76: Match the following terms with their definitions.
-Payroll
Q78: Match the following terms with their definitions.
-FICA
A)May
Q79: Match the following terms with their definitions.
-Gross
Q80: Match the following terms with their definitions.
-FUTA
A)May
Q81: Bill Burton earns $750 per week plus
Q82: Calculate the net pay. The balance
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