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Andie earned $680.20 during the most recent weekly pay period.She is single with 3 withholding allowances and needs to decide between contributing 2.5% and $25 to her 401(k) plan.If she chooses the method that results in the lowest taxable income,how much will be withheld for Federal income tax (based on the following table) ? Andie earned $680.20 during the most recent weekly pay period.She is single with 3 withholding allowances and needs to decide between contributing 2.5% and $25 to her 401(k) plan.If she chooses the method that results in the lowest taxable income,how much will be withheld for Federal income tax (based on the following table) ? A) $40.00 B) $48.00 C) $38.00 D) $39.00


A) $40.00
B) $48.00
C) $38.00
D) $39.00

E) B) and C)
F) None of the above

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Olga earned $1,558.00 during the most recent weekly pay period.She is single with 2 withholding allowances and no pre-tax deductions.Using the percentage method,compute Olga's federal income tax for the period.(Do not round intermediate calculations.Round final answer to 2 decimal places. ) Table 5.Percentage Method-2018 Amount for one Withholding Allowance Olga earned $1,558.00 during the most recent weekly pay period.She is single with 2 withholding allowances and no pre-tax deductions.Using the percentage method,compute Olga's federal income tax for the period.(Do not round intermediate calculations.Round final answer to 2 decimal places. ) Table 5.Percentage Method-2018 Amount for one Withholding Allowance A) $217.93 B) $239.25 C) $213.97 D) $214.75 Olga earned $1,558.00 during the most recent weekly pay period.She is single with 2 withholding allowances and no pre-tax deductions.Using the percentage method,compute Olga's federal income tax for the period.(Do not round intermediate calculations.Round final answer to 2 decimal places. ) Table 5.Percentage Method-2018 Amount for one Withholding Allowance A) $217.93 B) $239.25 C) $213.97 D) $214.75


A) $217.93
B) $239.25
C) $213.97
D) $214.75

E) B) and C)
F) All of the above

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Maile is a full-time exempt employee in Boca Raton,Florida,who earns $1,370.15 per biweekly payday.She is married with seven withholding allowances,so her federal income tax is $0.She contributes 4% of her gross pay to her 401(k) and has her health insurance premium of $50 deducted on a pre-tax basis.She has $10 deducted per pay period for a Salvation Army contribution and has union dues of $40 per pay period.What is her net pay? (Do not round intermediate calculations.Round your final answer to 2 decimal places. )


A) $1,160.53
B) $1,114.35
C) $1,124.23
D) $1,137.93

E) C) and D)
F) All of the above

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Vivienne is a full-time exempt employee in DeKalb County,Indiana,and is paid biweekly.She earns $39,000 annually,and is married with 2 withholding allowances.Her state income tax deduction is $44.46,and the DeKalb County income tax deduction is $19.62.What is the total amount of her FICA,federal,state,and local taxes per pay period,assuming no Pre-Tax Deductions? (Use the wage-bracket table to determine the federal tax deduction.Do not round intermediate calculations.Round your final answer to 2 decimal places. ) Vivienne is a full-time exempt employee in DeKalb County,Indiana,and is paid biweekly.She earns $39,000 annually,and is married with 2 withholding allowances.Her state income tax deduction is $44.46,and the DeKalb County income tax deduction is $19.62.What is the total amount of her FICA,federal,state,and local taxes per pay period,assuming no Pre-Tax Deductions? (Use the wage-bracket table to determine the federal tax deduction.Do not round intermediate calculations.Round your final answer to 2 decimal places. ) A) $239.25 B) $227.12 C) $265.47 D) $251.83


A) $239.25
B) $227.12
C) $265.47
D) $251.83

E) B) and C)
F) A) and C)

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Natalia is a full-time exempt employee who earns $215,000 annually,paid monthly.Her year-to-date pay as of November 30 is $197,083.33.How much will be withheld from Natalia for FICA taxes for the December 31 pay date? (Social Security maximum wage is $128,400.Do not round intermediate calculations.Round your final answer to 2 decimal places. )


A) $292.04
B) $394.79
C) $1,370.63
D) $421.04

E) B) and C)
F) B) and D)

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Why do employers use checks as an employment payment method?


A) Paying employees by check allows the employer flexibility with its bank accounts.
B) Paying employees by check increases the complexity of the payroll process.
C) Paying employees by check requires the employer to keep currency on the premises.
D) Paying employees by check offers a level of security of employee payments.

E) None of the above
F) A) and B)

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Which of the following is true about cash as a method of paying employees?


A) Cash is the most secure payment method.
B) Cash is the most widely used payment method.
C) Cash is readily transferable and highly liquid.
D) Cash is the most convenient pay method for employers.

E) A) and B)
F) A) and C)

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From the employer's perspective,which of the following is a challenge of paying employees by direct deposit?


A) Reduction in payroll processing costs.
B) Secure processing of employee compensation.
C) Vulnerability of data to computer attacks.
D) Employee self-maintenance of personnel records.

E) A) and B)
F) A) and C)

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Federal income tax,Medicare tax,and Social Security tax amounts withheld from employee pay are computed based on gross pay,less pre-tax deductions,and deducted to arrive at net pay.

A) True
B) False

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Adam is a part-time employee who earned $495.00 during the most recent pay period.He is married with two withholding allowances.Prior to this pay period,his year-to-date pay is $6,492.39.How much should be withheld from Adam's gross pay for Social Security tax?


A) $40.02
B) $30.69
C) $37.92
D) $28.46

E) None of the above
F) All of the above

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