Multiple Choice
An employee has gross earnings of $1,000 with withholdings of 6.2% FICA-OASDI,1.45% FICA-Medicare,$50 for federal income tax and $10 for state income tax.How much is the net pay?
A) $900.00
B) $781.15
C) $863.50
D) $791.15
Correct Answer:

Verified
Correct Answer:
Verified
Q9: Insurance paid in advance by employers to
Q26: A summary record of each person's earnings,
Q58: The payroll register<br>A) is a worksheet.<br>B) shows
Q72: All states charge a state income tax.
Q82: What is the purpose of the Fair
Q110: Employers pay the following payroll taxes,except:<br>A)FICA-OASDI.<br>B)Federal income
Q113: The employees collectively earn a gross wage
Q117: When calculating the employer's payroll tax expense
Q118: Another name for the Fair Labor Standards
Q120: An employee has gross earnings of $1000