the amount of revenue due that is written off as uncollectible Question 10 0 out o An medical facility employee's weekly gross salary is $1000.Her benefit deductions are $100 for a retirement account and $40 for a healthcare savings account. Social Security and Medicare withholdings total $56.50. Her federal income tax witholding is based on taxable earnings of Selected Answer: c $803.50 Federal income tax withholdings vary based on the number of exemptions and estimated deductions on the employee's W-4 form and on whether the employee requests that additional amounts be withheld each pay period. Response Feedhack Question 11 0 out of 2.5 poir A hospital employs computer programmers to customize its database programs. The programmers are paid $20 per hour. One of the programmers regularly works 50 hours per week. His weekly pay Selected Answer: a goes up by $300 for the overtime Question 12 0 out of 2.5 point In 2011 a healthcare business paid an office manager $80,000. How much Social Security tax was paid by the company and how much was withheld from the employee? Selected Answer 51,160 $1,160 and $1,160 Response Feedback Social Security taxes in 2011 were 6.2% on the employer and 42% on the employee on wages up to $106,800. Question 13 0 out of 2.5 po The full charge for a medical service is $180. The group healthcare insurer pays $100 for that service. Which of the following is a correct way to record the $80 difference? Selected Answer: Accounts Receivable $80 debit Question 14 2.5 out of 2.5 The income statement reports on revenues, cash, and short-term investments. Selected Answer: False the amount of revenue due that is written off as uncollectible Question 10 0 out o An medical facility employee's weekly gross salary is $1000.Her benefit deductions are $100 for a retirement account and $40 for a healthcare savings account. Social Security and Medicare withholdings total $56.50. Her federal income tax witholding is based on taxable earnings of Selected Answer: c $803.50 Federal income tax withholdings vary based on the number of exemptions and estimated deductions on the employee's W-4 form and on whether the employee requests that additional amounts be withheld each pay period. Response Feedhack Question 11 0 out of 2.5 poir A hospital employs computer programmers to customize its database programs. The programmers are paid $20 per hour. One of the programmers regularly works 50 hours per week. His weekly pay Selected Answer: a goes up by $300 for the overtime Question 12 0 out of 2.5 point In 2011 a healthcare business paid an office manager $80,000. How much Social Security tax was paid by the company and how much was withheld from the employee? Selected Answer 51,160 $1,160 and $1,160 Response Feedback Social Security taxes in 2011 were 6.2% on the employer and 42% on the employee on wages up to $106,800. Question 13 0 out of 2.5 po The full charge for a medical service is $180. The group healthcare insurer pays $100 for that service. Which of the following is a correct way to record the $80 difference? Selected Answer: Accounts Receivable $80 debit Question 14 2.5 out of 2.5 The income statement reports on revenues, cash, and short-term investments. Selected Answer: False
