In: Accounting
An employer's total payroll-related costs always exceed the wages and salaries earned by employees by:
Multiple Choice
Payroll taxes plus mandated programs such as workers' compensation insurance.
50%.
Employers' payroll-related costs actually are less than the gross wages and salaries earned by employees, because of amounts withheld from employees' checks.
Amounts withheld from employees' pay.
An employer's total payroll-related costs always exceed the wages and salaries earned by employees by Payroll taxes plus mandated programs such as workers' compensation insurance. |
An employer's total payroll-related costs includes gross salaries and payroll taxes such as employer portion of FICA, FUTA taxes, SUTA taxes, workers' compensation insurance. |
Option A is correct |