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21. In order to set up employer defaults for payroll liabilities and expenses, which of the following would one select? Employee Defaults/General Employee Defaults/Employee Fields

21. In order to set up employer defaults for payroll liabilities and expenses, which of the following would one select? Employee Defaults/General Employee Defaults/Employee Fields Employee Defaults/Company Fields Payroll & Employees Navigation Center; Pay Employees

Question 22. 22. The tab on the employee account that stores withholding and filing status information for the employee is called the:
General tab Pay Info tab Withholding Info tab Employee Fields tab

Question 23. 23. Employee voluntary deductions that go into an employer sponsored 401k plan are called:
Retirement plan voluntary deductions Health insurance voluntary deductions Contributions None of the above

Question 24. 24. Net pay equals:
Net pay minus total payroll tax withholdings and total voluntary deductions Gross pay plus total payroll tax withholdings and total voluntary deductions Gross pay minus total payroll tax withholdings and total voluntary deductions Gross pay minus total payroll tax withholdings

Question 25. 25. The employee federal taxes withheld on gross wages, which the government uses to fund retirement, is called:
State income tax withholdings Social Security tax withholdings Medicare tax withholdings Federal income tax withholdings

Question 26. 26. The employee state income taxes withheld on taxable wages is called:
State income tax withholdings Social Security tax withholdings Medicare tax withholdings Federal income tax withholdings

Question 27. 27. On the Navigation Bar, what selections would you make to set up payroll default information?
Employees & Payroll Navigation Center, click on the Pay Employees icon and select Enter Payroll for Multiple Employees Employees & Payroll Navigation Center, click on the Pay Employees icon and select Set Up Payroll Service Employees & Payroll Navigation Center, click on the Employees icon and select Set Up Employee Defaults Tasks; Payroll Entry

Question 28. 28. You can manage employee accounts from the:
Employee Register Employee List Employee Directory Employee Record

Question 29. 29. The employee federal income tax withheld on taxable wages is called:
State income tax withholdings Social Security tax withholdings Medicare tax withholdings Federal income tax withholdings

Question 30. 30. The tab on the employee account that stores the default general ledger accounts PTCA uses when posting employee paychecks is called the:

General tab Pay Info tab Withholding Info tab Employee Fields tab

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