An employee earns a gross

Q: How to determine the estimated net cost of benefits to the employer?

A: In an organizational setting, when business activities are carried out it results in some benefits…

Q: 2-Under the FLSA , what information concerning employees ' wages earned must be maintained by the…

A: Payroll Register: Payroll register is a schedule maintained by the company to record the earnings,…

Q: where the line is drawn between direct and indirect labor, is direct labor at an employee level or a…

A: Direct Labour is labour or workers that are directly engaged in production of goods. Indirect labour…

Q: Which of the following is not a prime cost? O Supervisor's wages Direct labor wages Assembly line…

A: Prime costs is a company’s expenses which is directly related to the production process like  the…

Q: Why is it important for payroll accounting purposes to distinguish between an employee and an…

A: Employees can be defined as one who works for an employer or company that controls his work and…

Q: How to calculate FIT on payroll register? What is the equation or numbers I am supposed to use to…

A: Before calculating payroll taxes, the employees will need to complete these new employee documents,…

Q: The ________ is the hourly price charged to clients for professional labor. salary rate billing rate…

A: Professional labour is that labour which provides professional services to another person for a…

Q: When is an employer-employee relationship exist?

A: Definition:

Q: Which of the following types of employees would most likely have their wage be classified as direct…

A: Labor cost is the amount of cost which is incurred on the payment of wages to the laborers. These…

Q: Record the employer's benefit expense.

A: Payroll taxes are defined as the amounts collected by the government or revenue collection authority…

Q: Define the term payroll register.

A:

Q: Wages paid to a labourer who is engaged in production activities should be classified as: a) direct…

A: Cost refers to the amount incurred in return for goods or services.

Q: Is someone not willing to work counted as being in the labor force?

A: Labor force is a term used for referring to labor pool within an economy that which may include both…

Q: What might a company do to prevent an employee from taking wages in kind?

A: Internal control is an important part of every organization. It helps in maintaining the efficiency…

Q: What is job lot?

A: Job:   A job is a task or work assigned to the employee for which he is paid. Job is considered as…

Q: Employment contracts typically contain all of the following: O Duration O Start date,…

A: Employment contract is a contract between employer and employee. It is a written agreement which…

Q: Do workers compensations statutes apply to seasonal or temporary workers? Explain

A: Definition: Worker’s compensation scheme: Worker’s compensation scheme is an arrangement that…

Q: What is self-employment income? Also, what are business-related expenses? And how are they used in…

A: Individual accounting is the process of managing and recording financial transactions for an…