1. For the purpose of a federal tax levy, the IRS defines take-home pay as the gross pay less taxes withheld and the other payroll deductions in effect before the tax levy was received. (Points : 5) True False

Question 2.

2. The payroll register is used by employers in completing Forms W-2. (Points : 5) True False

Question 3. 3. The withholding of union dues from employees' wages is known as garnishment. (Points : 5) True False

Question 4. 4. The employer keeps track of each employee's accumulated wages in the employee's earnings record. (Points : 5) True False

Question 5. 5. At the time of depositing FICA taxes and employees' federal income taxes, the account FICA Tax Expense is debited for both the employees' and the employer's portions of the FICA taxes. (Points : 5) True False

Question 6. 6. FICA Taxes Payable-HI is a liability account in which the liability of the employer for the HI tax on the employer, as well as for the HI tax withheld from employees' wages, is recorded. (Points : 5) True False

Question 7. 7. In a payroll register having labor cost distribution columns, the total of each distribution column shows the amount of the gross wages or salaries for a particular department's wage expense. (Points : 5) True False

Question 8. 8. For child support garnishments, tips are considered part of an employee's disposable earnings. (Points : 5) True False

Question 9. 9. In calculating overtime premium earnings at one-and-a-half times the regular hourly rate, the over-time hours are multiplied by one-half the hourly rate of pay. (Points : 5) True False

Question 10. 10. The payment of the FUTA tax and the FICA taxes by the employer to the IRS is recorded in the same journal entry. (Points : 5) True False