Question

21. In order to set up employer defaults forpayroll liabilities and expenses, which of the following would oneselect?
Employee Defaults/General
Employee Defaults/EmployeeFields
Employee Defaults/CompanyFields
Payroll & EmployeesNavigation Center; Pay Employees

Question 22. 22. The tab on the employeeaccount that stores withholding and filing status information forthe employee is called the:

General tab
Pay Info tab
Withholding Info tab
Employee Fields tab

Question 23. 23. Employee voluntary deductionsthat go into an employer sponsored 401k plan are called:

Retirement plan voluntarydeductions
Health insurance voluntarydeductions
Contributions
None of the above

Question 24. 24. Net pay equals:

Net pay minus total payrolltax withholdings and total voluntary deductions
Gross pay plus total payrolltax withholdings and total voluntary deductions
Gross pay minus total payrolltax withholdings and total voluntary deductions
Gross pay minus total payrolltax withholdings

Question 25. 25. The employee federal taxeswithheld on gross wages, which the government uses to fundretirement, is called:

State income taxwithholdings
Social Security taxwithholdings
Medicare taxwithholdings
Federal income taxwithholdings

Question 26. 26. The employee state incometaxes withheld on taxable wages is called:

State income taxwithholdings
Social Security taxwithholdings
Medicare taxwithholdings
Federal income taxwithholdings

Question 27. 27. On the Navigation Bar, whatselections would you make to set up payroll defaultinformation?

Employees & PayrollNavigation Center, click on the Pay Employees icon and select EnterPayroll for Multiple Employees
Employees & PayrollNavigation Center, click on the Pay Employees icon and select SetUp Payroll Service
Employees & PayrollNavigation Center, click on the Employees icon and select Set UpEmployee Defaults
Tasks; Payroll Entry

Question 28. 28. You can manage employeeaccounts from the:

Employee Register
Employee List
Employee Directory
Employee Record

Question 29. 29. The employee federal incometax withheld on taxable wages is called:

State income taxwithholdings
Social Security taxwithholdings
Medicare taxwithholdings
Federal income taxwithholdings

Question 30. 30. The tab on the employeeaccount that stores the default general ledger accounts PTCA useswhen posting employee paychecks is called the:

General tab
Pay Info tab
Withholding Info tab
Employee Fields tab