Recording employee payroll deductions may involve:

A. Liabilities to federal and state governments.
B. Expenses for the gross wages and salaries.
C. Expenses for state unemployment.
D. Liabilities to the employer.
E. Expenses for the employer portion of any medical insurance.


Answer: A

Business

You might also like to view...

________ equals a company's net sales divided by its total assets.

A. Net sales margin B. Gross margin C. Return on assets D. Current ratio E. Asset turnover

Business

By running the same ad on different stations, a direct marketer can determine the relative effectiveness of a medium itself.

Answer the following statement true (T) or false (F)

Business

Dubberly Corporation's cost formula for its manufacturing overhead is $30,600 per month plus $64 per machine-hour. For the month of March, the company planned for activity of 7,900 machine-hours, but the actual level of activity was 7,880 machine-hours. The actual manufacturing overhead for the month was $558,610.The spending variance for manufacturing overhead in March would be closest to:

A. $22,410 F B. $22,410 U C. $23,690 U D. $23,690 F

Business

Which of the following is covered by renter's insurance?

A) Damage to a stove that the landlord purchased before you moved in. B) Your dog bites the tenant who lives across the hall from you. C) A collapsed roof. D) Stereo system stolen from the car you are leasing.

Business