Practice quiz Ch 11

Practice quiz Ch 11 - ECAMP PRINCIPLES OF ACCOUNTING I...

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ECAMP PRINCIPLES OF ACCOUNTING I ACT-2291-XTIA 09/T5 (DANIEL) (ECAMP-ACT2291XTIA-09T5) > EXAMS/QUIZZES > REVIEW ASSESSMENT: PRACTICE QUIZ FOR CHAPTER 11
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Review Assessment: PRACTICE QUIZ FOR CHAPTER 11 7/19/09 3:16 PM PRACTICE QUIZ FOR CHAPTER 11 Completed 60 out of 100 points 0 hours, 1 minutes, and 50 seconds out of 1 hours and 0 minutes allowe Questio n 1 0 out of 5 points Amounts withheld from each employee for Social Security and Medicare varies by state. Selected Answer: Correct Answer: Questio n 2 5 out of 5 points Form W-4 is a form used by employers to determine the amount of federal taxes to withhold from their employees. Selected Answer: Correct Answer: Questio n 3 5 out of 5 points Form W-2 is called the Wage and Tax Statement. Selected Answer:
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Questio n 3 5 out of 5 points Correct Answer: Questio n 4 5 out of 5 points If, prior to the last weekly payroll period of the calendar year, the cumulative earnings for an employee are $98,800, earnings subject to social security tax are $100,000, and the tax rate is 6.0%, the employer's social security tax on the $2,000 gross earnings paid on the last day of
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This note was uploaded on 06/20/2011 for the course ACT 2291 taught by Professor Leedaniel during the Summer '09 term at Troy.

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Practice quiz Ch 11 - ECAMP PRINCIPLES OF ACCOUNTING I...

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