Question

In: Accounting

An employer's total payroll-related costs always exceed the wages and salaries earned by employees by: Multiple...

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.

Solutions

Expert Solution

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

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