Employee deferrals under section 401(k) are subject to which taxes?

• A.federal income and social security and Medicare taxes
• B.social security, Medicare, and FUTA taxes
• C.federal income, social security, Medicare, and FUTA taxes
• D.social security and Medicare taxes only

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From which of the following taxes are statutory workers' compensation payments exempt?

• A.federal income tax only
• B.federal income, social security, Medicare, and federal unemployment taxes
• C.federal unemployment tax only
• D.social security and Medicare taxes only

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An employee earns $9 per hour and an additional 10 cents per hour for hours worked after 7:00 p.m. If an employee works from 3:00 p.m. to 11:00 p.m., Monday through Friday, what is the employee's weekly gross pay under the Fair Labor Standards Act?

• A.$362
• B.$364
• C.$360
• D.$361

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Federal unemployment tax must be accrued for which of the following?

• A.Tip income under $20 per month
• B.Deceased worker's final wage payment in year of death
• C.Taxable group-term life
• D.Wages paid to federal employees

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For 2009, the mandatory rate of federal income tax withholding on supplemental wages in excess of $1 million is:

• A.20%
• B.25%
• C.35%
• D.28%

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