Correct Answer: The is no maximum taxable earnings for medicare?
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More Payroll MCQ Questions
Who is a “nominee”?
What form is required to verify employment eligibility for a new or potential employee?
What is a tax outside the scope of Federal taxes that an employer and employee are legally obligated to?
If exempt employee Dr. Banks worked 48 hours in one week and 46 hours in a second week, how much overtime should he be paid?
If you were recording journal entries for wage expenses, where would they be listed?
Which of the following accounts is debited when FUTA taxes are paid to the government?
Which of the following age groups is covered by the Age Discrimination in Employment Act of 1967?
At ABC School, the current salary schedule for custodians is as follows:
Step 1: $12.47
Step 2: $13.09
Step 3: $13.75
Step 4: $14.44
Step 5: $15.16
Employees are moved to the next step on the salary schedule annually. Wages for the year have increased 2.25% from the previous school year. Employee C was paid on Step 2 for the previous school year.
Given the above schedule, what is Employee C's pay rate for the current school year?
The term "direct deposit" refers to ______________.
What is the purpose of auditing payroll ?
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