Payroll MCQs

The amount of pay that an employee "takes home" or can deposit into the bank is called?

A bonus is listed under what category?

What is gross pay?

What is the primary objective of payroll?

What is the function of payroll?

Employee C wants to contribute $8,000 a year to his tax shelter annuity. The district allows payroll deductions for tax shelter annuities to be spread over 18 pay periods. How much will have to be deducted each pay period so that Employee C contributes the $8,000?

The term "earned income credit" refers to ______________.

For an employer, which of the following is a benefit of using direct deposit?

A company that employs ______________ is subject to the Civil Rights Act of 1964.

Why has the IRS allowed employers to combine federal taxes when computing withholding amounts?