Deck 9: Payroll

Question 1

All salaried employees are eligible for overtime pay.

Answer 1

False

Question 2

Payroll is activated in Company settings

Answer 2

False

Question 3

Payroll Taxes are paid in the Payroll Tax Center.

Answer 3

True

Question 4

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

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

Question 5

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

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

Question 6

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

Question 7

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

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

Question 8

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

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

Question 9

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

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

Question 10

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