Question 1: The third-party designee sections in both Form 941 and Form 940 require that the employer select a Answer: А. username В. password с. five-digit PIN D. secret question

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question 1: The third-party designee sections in both Form 941 and Form 940 require that the employer select a
Answer:
А.
O username
В.
O password
C.
O five-digit PIN
D.
secret question
B.
Transcribed Image Text:Question 1: The third-party designee sections in both Form 941 and Form 940 require that the employer select a Answer: А. O username В. O password C. O five-digit PIN D. secret question B.
Question 2: Which point is true regarding Form W-2?
Answer:
A.
It must be provided to the employee by January 31 of the following year.
В.
Form W-2 provides the annual earnings figure for a single employee.
C.
Form W-2 is not required if an employee did not earn at least $600 during the year.
D.
Copy A is submitted to the Social Security Administration by the employer.
Е.
All of these points are true for Form W-2.
Transcribed Image Text:Question 2: Which point is true regarding Form W-2? Answer: A. It must be provided to the employee by January 31 of the following year. В. Form W-2 provides the annual earnings figure for a single employee. C. Form W-2 is not required if an employee did not earn at least $600 during the year. D. Copy A is submitted to the Social Security Administration by the employer. Е. All of these points are true for Form W-2.
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