Solved

Match Each Payroll Item That Follows to the One Item

Question 134

Matching

Match each payroll item that follows to the one item that best describes its characteristics.

Premises:

Responses:

Federal income tax

Amount is limited, withheld from employee only

FICA – Social security

Amount is limited, withheld from employee and matched by employer

FICA – Medicare

Amount is limited, paid by employer only

Federal unemployment compensation tax (FUTA)

Amount is not limited, withheld from employee only

State unemployment compensation tax (SUTA)

Amount is not limited, withheld from employee and matched by employer

Amount is not limited, paid by employer only

Premises:

Federal income tax

FICA – Social security

FICA – Medicare

Federal unemployment compensation tax (FUTA)

State unemployment compensation tax (SUTA)

Responses:

Amount is limited, withheld from employee only

Amount is limited, withheld from employee and matched by employer

Amount is limited, paid by employer only

Amount is not limited, withheld from employee only

Amount is not limited, withheld from employee and matched by employer

Amount is not limited, paid by employer only

Correct Answer:

Premises:

Responses:

Amount is limited, withheld from employee only

Amount is limited, withheld from employee and matched by employer

Amount is limited, paid by employer only

Amount is not limited, withheld from employee only

Amount is not limited, withheld from employee and matched by employer

Amount is not limited, paid by employer only