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Match the Items Below by Entering the Appropriate Code Letter

Question 20

Essay

Match the items below by entering the appropriate code letter in the space provided.
A. Wage and Tax Statement
B. Net pay
C. Federal income taxes
D. FICA taxes
E. Federal unemployment taxes
1. Levied against employees' wages without limit.
2. A payroll tax expense levied only against the employer based on employees' wages.
3. Gross earnings less payroll deductions.
4. A form showing gross earnings and income taxes withheld.
5. Levied against employees' wages with a maximum limit.

Correct Answer:

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1. C
2. E
...

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