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QUESTION 1 Select the one term that best fits each definition. The total amount earned by all employees for a pay period. A. Employee Earnings
QUESTION 1 Select the one term that best fits each definition. The total amount earned by all employees for a pay period. A. Employee Earnings Record Taxes based on the payroll of a business. B. Medicare Tax C. Net Pay The money paid for employee services. D. Pay Period A business form used to record details affecting payments made to an employee. E. Payroll A federal tax paid for hospital insurance. F. Payroll Register G. Payroll Taxes The maximum amount of earnings on which a tax is calculated. H. Salary A business form used to record payroll information. 1. Social Security Tax The period covered by a salary payment. J. Tax Base K. Total Earnings The total earnings paid to an employee after payroll taxes and other deductions. L. Withholding Allowance A deduction from total earnings for each person legally supported by a taxpayer, including the employee. A federal tax paid for old-age, survivors, and disability insurance. The total pay due for a pay period before deductions
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