Multiple Choice
Which are steps in the net pay computation process? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
A) Compute taxes to be withheld.
B) Report fringe benefit balances.
C) Compute gross pay.
D) Update employee records.
Correct Answer:

Verified
Correct Answer:
Verified
Q14: Why do employers use checks as an
Q15: Garnishments are court-ordered amounts that an employer
Q16: The purpose of the wage base used
Q17: From the employer's perspective, which of the
Q18: The wage-bracket of determining federal tax withholding
Q20: Computation of net pay involves deducting mandatory
Q21: The amount of federal income tax decreases
Q22: Social Security tax has a wage base,
Q23: Which payroll-specific tool is used to facilitate
Q24: State and Local Income Tax rates _