shall not be reported as compensation for services

Q: A new employer will be assigned a SUTA contribution rate: a.  will be different for all new…

A: The correct answer is Option (d).

Q: A written code of ethics is a document for reference: it is never actively enforced or practiced in…

A: Disclaimer: "Since you have asked multiple questions in a single question so we answered the first…

Q: Issue:  Under the Federal Insurance Contributions Act (FICA) every person is an employer if the…

A: 1) a) Federal Insurance commitments act is a US law that orders charge demand on the pay rates Wages…

Q: Employees who have physical custody or assets do not have access to the accounting records

A: Lets understand from basic. In small organization owners generally does all the things. However in…

Q: 16. If you file a harassment claim against your employer: A. The employer does not have to legally…

A: The objective of these questions is to understand the correct actions and behaviors in a workplace…

Q: Most employees that choose to commit fraud against their employers feel justified in doing so.  For…

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

Q: What is NOT an example of rationalization as one of the three elements causing a person to commit…

A: Financial fraud in businesses is an unethical, illegal and deceptive activity that leads to monetary…

Q: Regarding CFA Standard 1 (B), if all relevant parties are notified in writing of the gift or benefit…

A: CFA Standard 1(B) states that participants and applicants are forbidden to accept any incentive,…

Q: The following are typical questions that might appear on an internal control questionnaire for…

A: The key Internal control activities are as follows:- Segregation of duties Authorization and…

Q: Which aspect of internal controls for payroll relates to the Sarbanes-Oxley Act?

A: The Sarbanes-Oxley Act places a strong emphasis on internal controls over financial reporting to…

Q: Emotionally distressed employees who have just been terminated may rely on the payroll administrator…

A: Your issue concerns the responsibilities of a payroll administrator in dealing with the requirements…

Q: he TCJA eliminated which of the following? A) Annual Filing Season Program B) Deduction for…

A: TCJA -A number of tax-related factors that impact businesses were altered by the Tax Cuts and Jobs…

Q: According to the 2020 Report to the Nations, the most common occupational fraud scheme in accounting…

A: Accounting schemes involving intentional manipulations or misleading tactics by staff members to…

Q: You ask a new client, Brad, "what are your financial obligations and what are your assets?" What…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Which of the following statements concerning a group carve-out plan is (are) correct? 1).The…

A: Insurance: It is an agreement for the protection of insured loss between two entity one is insured…

Q: Which of the following is a challenge for payroll accountants? A. Electronic tax filing…

A: Payroll accountants are financial professionals responsible for managing and overseeing the…

Q: The staffing service cycle of a company involves events and activities related to the compensation…

A: Auditing in Employees Payroll It is essential for the company to conduct the auditing in the…

Q: Which of the following are examples of the misappropriation of assets? O A. An employee theft of…

A: These kinds of conditions happen frequently in an organisation.

Q: Which of the following relationships held by your spousal equivalent may impact your independence?…

A: Introduction:- Employment connections are contractual in nature and consist of an agreement between…

Q: What is the term for an employee who detects and tries to put an end to a company's unethical,…

A: The question is related to multiple choice question.

Q: When two or more people get together for the pur Select one: O A. a division of duties. OB. bonding…

A: It seems like there might be a part of the question missing, but based on the provided options, the…

Q: Why do people commit fruad in there jobs? what should a manager do if some of its workers committed…

A: Fraud refers to the type of activity that should be done intentionally for manipulating the…

Q: Cheyenne Company began operations on January 2, 2019. It employs 12 individuals who work 8-hour days…

A: Definition of Accrued liabilitiesThe term "accrued liability" refers to an expense incurred but not…

Financial and legal aspects of employment

Federal and state legislation, regulation of all labor laws, and government-imposed employment law all contribute to a legal environment. Employment law governs the relationship between employer and employee. Labor laws govern the relationship between employee groups such as labor unions and their employers. Many employment laws have been enacted by the government to protect the financial rights and interests of employees. To protect an individual's employment, the United States Department of Labor has enacted 180 worker protection laws. It also covers financial and workplace safety laws such as minimum wage requirements, parental leave benefits, paid leave benefits, social security, and discrimination.