Question 1

If an employee's withholding status is , you will not have to enter information for state withholding.

Accepted Answer

A) Single 
B) Married 
C) Married, but withhold as Single 
D) Do Not Withhold 
A) Single 
B) Married 
C) Married, but withhold as Single 
D) Do Not Withhold A

Question 2

To make selections regarding pay policies, electronic services, tax setup, deductions, and preferences, you access .

Accepted Answer

A) Employee List 
B) Payroll Settings 
C) Company Settings 
D) Employee Center 
A) Employee List 
B) Payroll Settings 
C) Company Settings 
D) Employee Center B

Question 3

Each time employees are paid, the company has a liability for Employer Payroll Taxes.

Accepted Answer

A) True 
 B)False  True

Question 4

Payroll Taxes are paid in the Payroll Tax Center.

Accepted Answer

A) True 
 B)False

Question 5

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

Accepted Answer

A) True 
 B)False

Question 6

Click the button to view Pay, Employee taxes, Employee deductions, and Employer taxes for each employee paid.

Accepted Answer

A) Edit Payroll 
B) Preview Payroll 
C) Finalize Payroll 
D) Paycheck 
A) Edit Payroll 
B) Preview Payroll 
C) Finalize Payroll 
D) Paycheck

Question 7

Payroll is activated in Company settings

Accepted Answer

A) True 
 B)False

Question 8

When reviewing paycheck detail, you may manually change employee taxes for .

Accepted Answer

A) Medicare and Social Security 
B) State Disability 
C) Health Insurance 
D) Federal and State Income Tax 
A) Medicare and Social Security 
B) State Disability 
C) Health Insurance 
D) Federal and State Income Tax

Question 9

All salaried employees are eligible for overtime pay.

Accepted Answer

A) True 
 B)False

Question 10

To obtain complete information regarding salaries and wages, tax information, deductions, and vacation/sick leave, you print the report.

Accepted Answer

A) Payroll Details 
B) Tax Details 
C) Employee Details 
D) Payroll Summary 
A) Payroll Details 
B) Tax Details 
C) Employee Details 
D) Payroll Summary

If an employee's withholding status is , you will not have to enter information for state withholding.

To make selections regarding pay policies, electronic services, tax setup, deductions, and preferences, you access .

Each time employees are paid, the company has a liability for Employer Payroll Taxes.

Payroll Taxes are paid in the Payroll Tax Center.

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

Click the button to view Pay, Employee taxes, Employee deductions, and Employer taxes for each employee paid.

Payroll is activated in Company settings

When reviewing paycheck detail, you may manually change employee taxes for .

All salaried employees are eligible for overtime pay.

To obtain complete information regarding salaries and wages, tax information, deductions, and vacation/sick leave, you print the report.

An Introduction to Quickbooks Online and Applying for the Educational Trial Version of Quickbooks Online

Create a Company in Quickbooks Online and Activate the Educational Trial Version of Quickbooks Online

Focus on Receivables When Providing Services

Focus on Payables When Providing Services

End-Of-Period Procedures Including Adjusting Entries, Owner Withdrawals and Investments, and Closing Entries

Focus on Receivables When Selling Inventory Items, Use Locations and Classes, Accept Credit Cards for Customer Payments, Collect Sales Tax, Give Customer Sales Discounts, and Record Nsf Checks

Focus on Payables When Purchasing and Paying for Inventory Items, Prepare Purchase Orders, Use a Company Credit Card, Record Purchase and Merchandise Discounts, Make Sales Tax Payments

End-Of-Period Procedures, Make Inventory Adjustments, Prepare Budgets, and Record Closing Entries

Payment Methods, Inventory, Reports, and More

Filters

Exam 9: Payroll

If an employee's withholding status is , you will not have to enter information for state withholding.

To make selections regarding pay policies, electronic services, tax setup, deductions, and preferences, you access .

Each time employees are paid, the company has a liability for Employer Payroll Taxes.

Payroll Taxes are paid in the Payroll Tax Center.

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

Click the button to view Pay, Employee taxes, Employee deductions, and Employer taxes for each employee paid.

Payroll is activated in Company settings

When reviewing paycheck detail, you may manually change employee taxes for .

All salaried employees are eligible for overtime pay.

To obtain complete information regarding salaries and wages, tax information, deductions, and vacation/sick leave, you print the report.

An Introduction to Quickbooks Online and Applying for the Educational Trial Version of Quickbooks Online

Create a Company in Quickbooks Online and Activate the Educational Trial Version of Quickbooks Online

Focus on Receivables When Providing Services

Focus on Payables When Providing Services

End-Of-Period Procedures Including Adjusting Entries, Owner Withdrawals and Investments, and Closing Entries

Focus on Receivables When Selling Inventory Items, Use Locations and Classes, Accept Credit Cards for Customer Payments, Collect Sales Tax, Give Customer Sales Discounts, and Record Nsf Checks

Focus on Payables When Purchasing and Paying for Inventory Items, Prepare Purchase Orders, Use a Company Credit Card, Record Purchase and Merchandise Discounts, Make Sales Tax Payments

End-Of-Period Procedures, Make Inventory Adjustments, Prepare Budgets, and Record Closing Entries

Payment Methods, Inventory, Reports, and More

Filters