Question 5: Identify each item as describing Form 941, Form 940, or both. A. Includes a voucher that must be completed when payment is remitted with the form Form 941 Form 940 Both B. Field on a quarterly basis Form 941 Form 940 Both C. Requires a signature Form 941 Form 940 Both D. Filed annually Form 941 Form 940 Both E. Contains a Third-Party Designee section Form 941 Form 940 Both

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question 5: Identify each item as describing Form 941, Form 940, or both.
A. Includes a voucher that must be completed when payment is remitted with the form
Form 941
Form 940
Both
B. Field on a quarterly basis
Form 941
Form 940
Both
C. Requires a signature
Form 941
Form 940
Both
D. Filed annually
Form 941
Form 940
Both
E. Contains a Third-Party
esign
section
Form 941
Form 940
Both
Transcribed Image Text:Question 5: Identify each item as describing Form 941, Form 940, or both. A. Includes a voucher that must be completed when payment is remitted with the form Form 941 Form 940 Both B. Field on a quarterly basis Form 941 Form 940 Both C. Requires a signature Form 941 Form 940 Both D. Filed annually Form 941 Form 940 Both E. Contains a Third-Party esign section Form 941 Form 940 Both
Question 30: If code D (deferrals under a 401(k) plan) is entered on line 12a of Form W-2, what other box must be completed?
Answer:
А.
O 10 (Dependent care benefits)
В.
O 11 (Nonqualified plans)
С.
13 (Retirement Plan checkbox)
D.
O 14 (Other)
Transcribed Image Text:Question 30: If code D (deferrals under a 401(k) plan) is entered on line 12a of Form W-2, what other box must be completed? Answer: А. O 10 (Dependent care benefits) В. O 11 (Nonqualified plans) С. 13 (Retirement Plan checkbox) D. O 14 (Other)
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