Which law governs the fiduciary responsibility that employers have with regards to employees payroll deductions? a. FICA
Question:
Which law governs the fiduciary responsibility that employers have with regards to employees’ payroll deductions?
a. FICA
b. FLSA
c. ERISA
d. ACA
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
The correct answe is C ERISA is the statute that establishes the em...View the full answer
Answered By
Douglas Jeremiah
I am a professional tutor with five years experience in tutoring,my approach is Lerner centered and my focus is mainly for the learner to get what am teaching,I offer one on one sessions
0.00
0 Reviews
10+ Question Solved
Related Book For
Payroll Accounting 2023
ISBN: 9781264415618
9th Edition
Authors: Jeanette M. Landin, Paulette Schirmer
Question Posted:
Students also viewed these Business questions
-
Which law governs the fiduciary responsibility that employers have with regards to the employees payroll deductions?
-
What obligations does a business have with regards to taxation in Australia? Write answer in 200-250 words
-
Which payroll taxes are the employees responsibility and which are the employers responsibility?
-
1) Assume that we want to build an application for special type of exams. The exam includes True/False questions. The number of questions per exam varies from one exam to other. Given below Question...
-
Refer to the data in Problem 6.36. In exercise Muskoge Company uses a process-costing system. The company manufactures a product that is processed in two departments: Molding and Assembly. In the...
-
Following is the description of sales and cash receipts for Lady's Fashion Fair, a retail store dealing in expensive women's clothing. Sales are for cash or credit, using the store's own billing...
-
List specific bylaws clauses that are bound to change as the organization evolves. How might these issues be handled in a start - up board and then in a more mature board?
-
On January 1, 2011, Klinefelter Company purchased a building for $520,000. The building had an estimated life of 20 years and an estimated residual value of $20,000. The company has been depreciating...
-
Management of Mittel Rhein AG of Kln, Germany, would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations...
-
You are an analyst with Perception Partners and have been asked to make pricing recommendations regarding the acquisition of Rose Garden Apartments. This project was built five years ago and contains...
-
You are interviewing for a position with Limelight Photography. The president of the company asks you to explain how payroll is both an expense and a liability of the company. How will you answer?
-
Pax Martinson is the controller for HHT Industries. Pax has been asked to explain the payroll accounts on the financial statements for the preceding month. What information is available about payroll...
-
In Exercises, find the limit. lim x 2x 3x + 5
-
13-21 Suppose someone borrows from a bank to buy a new car. A few months later, the borrower realizes that he will have to default on this loan in a few months, after which the bank will repossess...
-
Explain the advantages and disadvantages of three mobile OS and three personal computer OSs.? Envision the perfect mobile OS and mobile device. What features would it have that current mobile OSs and...
-
What is the rate of return on an investment that costs $5,000, earned a $600 dividend during the year, and is sold after 1 year for $4,400?
-
A new Xerox copier costing $400,000 has a life of 5 years with no salvage value. The facility will generate the following annual cash flows: Year Cash Flows 1 $120,000 2 $200,000 3 $100,000 4...
-
Scenario: It's October 25, 2023, and you are working as a buyer for the Team Shop at Little Caesar's Arena. The Detroit Red Wings are off to a fast start for the NHL season and demand for team...
-
What are the equivalence classes of the bit strings in Exercise 30 for the equivalence relation from Exercise 12? a) 010 b) 1011 c) 11111 d) 01010101
-
Using Apple, demonstrate how the differentiation strategy can be well implemented.
-
What kinds of problems is Watson able to solve ? How useful a tool is it for knowledge management and decision making ?
-
Do you think Watson will be as useful in other industries and disciplines as IBM hopes? Will it be beneficial to everyone? Explain your answer.
-
How did information technology change the game of baseball and America's Cup sailboat racing? Explain.
-
Build a cash flow table as given below using Microsoft Excel when all dollar values are in thousands. Make sure appropriate equations are used to calculate PVs and add all PVs to find NPV. Table 1...
-
During the audit of the dividends declared and paid account, what is one procedure the auditor can perform to verify the accuracy of the ($) amount paid. (3 marks) Question 31 options: Compare the...
-
Your parents gave you $41,000 worth of Apple stock in 2014. In 2016, the shares are worth $66,000. (The gift tax annual exclusion is $28,000 for 2014 and 2016.) b. By what amount was your parents'...
Study smarter with the SolutionInn App