Multiple Choice
Select the one term that best fits each definition.
-The total earnings paid to an employee after payroll taxes and other deductions.
A) 401(k)
B) commission
C) direct deposit
D) electronic funds transfer
E) individual retirement account
F) Medicare tax
G) net pay
H) qualified retirement plan
I) Roth individual retirement account
J) social security tax
K) tax base
L) withholding allowance
Correct Answer:

Verified
Correct Answer:
Verified
Q22: A business is required by law to
Q23: The Accumulated Earnings column of the employee
Q24: Select the one term that best fits
Q25: Federal income tax is withheld from employee
Q26: Total earnings are sometimes referred to as
Q28: Select the one term that best fits
Q29: The amount of income tax withheld from
Q30: The investment income in a Roth IRA
Q31: The withholding allowances of an employee affect<br>A)
Q32: Select the one term that best fits