Which of the following deductions from pay is considered a voluntary deduction?
Wage assignments are voluntary deductions authorized by employees for things like loan payments or union dues.
Garnishments, wage attachments, and medical support orders are court-mandated deductions, making them involuntary.
IRS Publication 15 (Employer's Tax Guide)
Payroll Deduction Compliance Guide (Payroll.org)
The journal is commonly referred to as the record of:
A journal is known as the 'original entry' because transactions are first recorded here before posting to the ledger.
The general ledger is the final entry (B), not the journal.
Payroll Accounting Standards (Payroll.org)
Which of the following taxes are NOT withheld from allocated tips?
Allocated tips are NOT subject to withholding unless reported by the employee.
If not reported, FIT, Social Security, and Medicare (D) are not withheld but are still taxable.
IRS Publication 531 (Reporting Tip Income)
When an employer engages with a leasing company to lease an employee, the employer does NOT:
Leasing companies (PEOs) handle payroll and wage reporting.
Employers still set rates (C) and supervise work (D).
IRS PEO Tax Responsibilities
When providing wage data for a workers' compensation audit, which of the following wage types would be included as compensation?
Workers' compensation includes commissions (B) as part of employee earnings.
Gratuities (A) and uniform stipends (D) are usually excluded.
State Workers' Compensation Audit Guidelines
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