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Accounting - Chapter 13
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Assessment
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KG - University
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Medium
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24 questions
Show answers
1.
Multiple Choice
30 sec
1 pt
The transaction to record employer payroll taxes expense is journalized at the end of the quarter.
True
False
2.
Multiple Choice
30 sec
1 pt
In each pay period the payroll information for each employee is recorded on each employee earning record.
True
False
3.
Multiple Choice
30 sec
1 pt
The payroll register and employee earnings records provide all the payroll information needed to prepare a payroll.
True
False
4.
Multiple Choice
30 sec
1 pt
The source document for payment of a payroll is the time card.
True
False
5.
Multiple Choice
30 sec
1 pt
Employer payroll taxes are business expenses.
True
False
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