1.

An organizations payroll tax is based on:

1. The number of employees working for it
2. The number of contactors and employees working for it
3. The amount of fringe benefits provided by the employer during a given period
4. The amount of wages paid by the employer during a given period

2. A manager is paid an annual salary of $74000a year. What is his/her monthly gross pay rounded to the nearest dollar?

1. $6857
2. $6167
3. $6574
4. $6198

3. An employee receives a salary of $60,000 per year from her employer. Income taxes withheld amounted to $17,112 salary. Sacrifices withheld were $877.50 and employer superannuation contributions totaled to $1,496.40. what is the employee take home pay?

1. $40,515.10
2. $42,010.50
3. $42,888
4. $60,000