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Chapter 06 - Employees and Payroll
Chapter 06
Employees and Payroll
3. To turn on QuickBooks time tracking feature, the following steps must be completed:
A. Click QuickBooks Menu > Time Tracking
B. Click Edit > Preferences > Time and Expenses > Time Tracking
C. Click Employees > Payroll > Time Tracking
D. Click Employees > Payroll and Employees > Time Tracking
4. Each year employees are sent Form ______ to summarize tax withholdings for the year.
A. 1099
B. W-2
C. W-3
D. W-4
6-1
Chapter 06 - Employees and Payroll
7. Which one of the following is paid by both the employee and company?
A. Federal income taxes
B. State income taxes
C. FICA
D. All of the above
6-2
Chapter 06 - Employees and Payroll
10. Which of the following is typically used to track time for a single activity?
A. Employee Tracker
B. Stopwatch
C. Timesheet
D. QuickTime
11. What QuickBooks activity comes next in this string of payroll activities: Enter Time >
Pay Employees > ______ > Process Payroll Forms
A. Reconcile Payroll
B. Print Payroll Report
C. Pay Payroll Liabilities
D. None of the above
12. When setting up a new employee where do you get their filing status and allowances
information?
A. Form W-5
B. Form W-4
C. Form W-3
D. Form W-2
14. When tracking time for subcontractors, which QuickBooks window is used to enter
subcontractor information?
A. Vendor List
B. Item List
C. Payroll Setup
D. Employee List
6-3
Chapter 06 - Employees and Payroll
17. Which of the following activities and QuickBooks window used to record it is incorrect?
A. Enter time worked; Weekly Timesheet
B. Pay payroll liabilities; Write Check
C. Enter employee information; Employee List
D. Pay payroll taxes; Pay Liabilities
18. An individual's status determines how to record payment to that individual. Which of the
following status and payment method is incorrect?
A. Vendor; Bill
B. Employee; Payroll
C. Stockholder; Dividend
D. None of the above
19. To include a charge for labor on an invoice, labor as a service item must be recorded in
the:
A. Item List
B. Vendor List
C. Inventory List
D. Employee List
6-4
Chapter 06 - Employees and Payroll
21. Which of the following ways to track time is not supported by QuickBooks Pro and
QuickBooks Premier?
A. Time Single Activity
B. Weekly Timesheet
C. Time clock
D. Online Timesheets
6-5
Chapter 06 - Employees and Payroll
26. Name 3 (three) types of payroll liabilities and indicate who funds each one.
27. Briefly describe what the "Time by Job" project reports tell management.
6-6
Chapter 06 - Employees and Payroll
3. To turn on QuickBooks time tracking feature, the following steps must be completed:
A. Click QuickBooks Menu > Time Tracking
B. Click Edit > Preferences > Time and Expenses > Time Tracking
C. Click Employees > Payroll > Time Tracking
D. Click Employees > Payroll and Employees > Time Tracking
4. Each year employees are sent Form ______ to summarize tax withholdings for the year.
A. 1099
B. W-2
C. W-3
D. W-4
6-7
Chapter 06 - Employees and Payroll
7. Which one of the following is paid by both the employee and company?
A. Federal income taxes
B. State income taxes
C. FICA
D. All of the above
6-8
Chapter 06 - Employees and Payroll
10. Which of the following is typically used to track time for a single activity?
A. Employee Tracker
B. Stopwatch
C. Timesheet
D. QuickTime
11. What QuickBooks activity comes next in this string of payroll activities: Enter Time >
Pay Employees > ______ > Process Payroll Forms
A. Reconcile Payroll
B. Print Payroll Report
C. Pay Payroll Liabilities
D. None of the above
12. When setting up a new employee where do you get their filing status and allowances
information?
A. Form W-5
B. Form W-4
C. Form W-3
D. Form W-2
14. When tracking time for subcontractors, which QuickBooks window is used to enter
subcontractor information?
A. Vendor List
B. Item List
C. Payroll Setup
D. Employee List
6-9
Chapter 06 - Employees and Payroll
17. Which of the following activities and QuickBooks window used to record it is incorrect?
A. Enter time worked; Weekly Timesheet
B. Pay payroll liabilities; Write Check
C. Enter employee information; Employee List
D. Pay payroll taxes; Pay Liabilities
18. An individual's status determines how to record payment to that individual. Which of the
following status and payment method is incorrect?
A. Vendor; Bill
B. Employee; Payroll
C. Stockholder; Dividend
D. None of the above
19. To include a charge for labor on an invoice, labor as a service item must be recorded in
the:
A. Item List
B. Vendor List
C. Inventory List
D. Employee List
6-10
Chapter 06 - Employees and Payroll
21. Which of the following ways to track time is not supported by QuickBooks Pro and
QuickBooks Premier?
A. Time Single Activity
B. Weekly Timesheet
C. Time clock
D. Online Timesheets
6-11
Chapter 06 - Employees and Payroll
26. Name 3 (three) types of payroll liabilities and indicate who funds each one.
Federal Income Tax - funded by the employee, State Income Tax - funded by employee,
FICA - funded by both the employee and employer, and Unemployment Taxes - funded by
the employer.
27. Briefly describe what the "Time by Job" project reports tell management.
These reports can help management by telling them how much time was worked on each job.
Detail can also be given by category, by employee, or by service offered.
6-12
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The Project Gutenberg eBook of The Peak District
This ebook is for the use of anyone anywhere in the United States
and most other parts of the world at no cost and with almost no
restrictions whatsoever. You may copy it, give it away or re-use it
under the terms of the Project Gutenberg License included with this
ebook or online at www.gutenberg.org. If you are not located in the
United States, you will have to check the laws of the country where
you are located before using this eBook.
Illustrator: E. W. Haslehust
Language: English
BEAUTIFUL ENGLAND
BEAUTIFUL SCOTLAND
The Earl of Essex himself writes, several years later: “The water I
have drunke liberally, begynning with 3 pynts, and so encreasing
dayly a pynt I come to 8 pynts, and from thence descendyng dayly a
pynt till I shall ageyne return to 3 pynts, wch wil be on Thursday
next, and then I make an ende”.
The church of St. Ann is singularly small, and uninviting of exterior
aspect. Inside, however, one may see ancient ceiling beams and a
quaintly illuminated altar. The only person of any note buried in the
dreary little graveyard was one John Kane, a comedian, who in 1799
died because he mistook monkshood for horse-radish.
One of the wonders of the Peak is Poole’s Hole, a cavern situated
less than a mile to the west of the Crescent. The Wye threads its
way through this, its waters strongly impregnated with lime. There
are various more or less appropriately christened stalactites, and the
cavern, being smooth of path and well-lighted with gas, is without
terrors even for the most nervous. Mary Stuart is said to have visited
the place, and we are shown a stalactite which bears her name.
MONSAL DALE
Perhaps the chief interest in Buxton consists of the Grounds, a
pleasaunce embellished by the Wye, whose water here is of a sickly
yellow. There of a sunny afternoon may be seen those who are
taking the cure, some in bath chairs, some leaning heavily upon
stout sticks, but the majority looking in the best of health. The band
discourses pleasant music; nevertheless the gaiety of Buxton is
always chastened—not even on a Bank Holiday have I seen ought
approaching rowdiness.
In the neighbourhood are many excellent walks and drives, the most
popular being to the “Cat and Fiddle”, a hostelry on the Macclesfield
road. This enjoys the distinction of being the second highest inn in
England. Quaint enough are the surmises concerning the origin of
the name, and much is perennially written thereon in the local
newspapers.
Buxton often enjoys brilliant sunlight when the rest of Peakland is
plunged in gloom. It is bracing and supremely healthy; but its sister
spa of Matlock has a less shrewd atmosphere. At Matlock, for all its
beauty, one wishes to leave the valley for the hilltop, whilst at
Buxton one usually idles and spends the days in watching other folk
take their pleasure with becoming sobriety.