An at-will employee may be fired for leaving work to report for jury duty
a. True
b. False
Indicate whether the statement is true or false
False
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Dan Jones and Pat Smith are two employees of Lone Star Company. In January 2019, Dan's gross pay was $11,500, and Pat's gross pay was $15,400. All earnings are subject to FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%. Which of the following would be included in the entry to record the payroll tax expense to be paid out by Lone Star Company for January?
A) a debit to Salaries Payable to employees for $390.05 B) a debit to FICA-OASDI Taxes Payable for $390.05 C) a credit to FICA-Medicare Taxes Payable for $390.05 D) a credit to Salaries Expense for $390.05
The total payroll of a business is usually significant for all the reasons below except
A) employees are sensitive to payroll errors and irregularities B) payroll is subject to various federal and state regulations C) businesses find it difficult to develop and maintain good internal controls on the payroll system D) payroll and related payroll taxes have a significant effect on the net income of most businesses
A(n) ________ is an organization formed to ensure that programs (projects) receive the proper management and attention
Fill in the blanks with correct word
A contract that includes a promise for an act is called_________, while a contract that includes a promise in exchange for a promise is called_________
Fill in the blank(s) with correct word