Question: PART IMATCHING Match the following terms with the definitions or statements listed below. Indicate your answers in the spaces provided. (Two points per item) a.
PART IMATCHING Match the following terms with the definitions or statements listed below. Indicate your answers in the spaces provided. (Two points per item) a. Employee's earnings record b. FICA-Social Security f. State unemployment tax g. Salaries Payable h. Workers' compensation insurance d. Gross earnings e. Net pay i. Form 941 j. Form W-4 Answer A form filled out by employees to supply the employer with needed information about the number of allowances claimed, and marital status A report to be completed for each quarter indicating total FICA (Social Security and Medicare) owed plus federal income tax withheld for the quarter 1. 2. 3. A tax usually paid by employers to the state. 4. A liability account that shows net pay 5. Employer's insurance requirement protecting their employees against losses due to injury or death incurred while on the job. 6. A ax levied on both the employer and the employee up to a certain salary level. 7. Amount of pay received before any deductions. 8. A record that summarizes the total amount of wages paid and the deductions for the calendar year for an employee. 9. Gross pay less deductions equals 10. An unemployment tax paid by employers to the federal government. Copyright 2007 by Prentice Hall, Inc
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