1.5 Question 55 Allen is an employee of the foreign subsidiary of a United States based company who lives and works in the United Kingdom. According to FATCA, how much of his wages may Allen exclude from United States' taxes, according to 2019 guidelines? None. O $47,500. O $80,850 O $105,900. Question 57 1.5 p When developing the internal controls and record retention for a payroll system, a company should: O Develop a closed system and alternate employee duties. Train accounting personnel on a single payroll task. O Designate a single employee with the responsibility for pay disbursements. Involve all company employees to promote transparency. Allen is an employee of the foreign subsidiary of a United States based company who lives and works in the United Kingdom. According to FATCA, how much of his wages may Allen exclude from United States' taxes, according to 2019 guidelines? $46,500 $105,900 None $79,850 IRS Regulation 26 CFR 1.6001 mandates -------- procedures as they pertain to payroll records, noting that it is the responsibility of the O payroll review; payroll supervisor O check authorization; controller O employee time review; department manager O file maintenance; employer