BA101A Chapter Nine Accounting for Current Liabilities 8 9 10 ACROSS DOWN 940. An employer's federal 2 What rating is a reflection of a firm's unemployment taxes are reported on stability or instability in employing an annual basis by filing this Annual workers? Federal Unemployment Tax Return 3 What liabilities or obligations are due IRS form. within one year or the firm's operating 7 Acronym for Federal Insurance cycle, whichever is longer? Contributions Act 4 What deductions or amounts are 8 A potential liability or obligation that withheld from an employee's gross depends on a future event arising from pay, either required or voluntary? a past transaction or event. 5 Liabilities that arise from agreements, 9 Gross pay - deductions = _ pay. contracts, or laws that are measurable. 10 Payroll . This shows the pay 6 This includes various types of non- period dates, hours worked, gross pay, wage compensation provided to deductions, and net pay of each employees in addition to their normal employee for each pay period. wages or salaries. 7 Acronym for Federal Unemployment Tax. WORD BANK: Benefits, contingent, current, fica, form, futu, known, merit, net, payroll, register