Multiple Choice
Match each payroll item that follows to the one item (a-f) that best describes its characteristics.
-FICA-Social security
A) Amount is limited, withheld from employee only
B) Amount is limited, withheld from employee and matched by employer
C) Amount is limited, paid by employer only
D) Amount is not limited, withheld from employee only
E) Amount is not limited, withheld from employee and matched by employer
F) Amount is not limited, paid by employer only
Correct Answer:

Verified
Correct Answer:
Verified
Q113: The total net pay for a period
Q114: Match each payroll item that follows to
Q115: Match each of the following items with
Q116: According to a summary of the payroll
Q117: Journalize the following, assuming a 360-day year
Q119: Dixon Sales has seven sales employees that
Q120: For proper matching of revenues and expenses,
Q121: The total earnings of an employee for
Q122: Federal unemployment compensation tax becomes an employer's
Q123: Match each payroll item that follows to