Asked by Taryn Scott on Jul 02, 2024
An example of a voluntary deduction from an employee's paycheck is ____.
A) federal income tax
B) FICA tax
C) worker's compensation
D) health insurance premium payments
E) unemployment tax
Voluntary Deduction
An optional financial deduction from an employee's paycheck, such as for health insurance or retirement savings plans, agreed upon by the employee.
Health Insurance Premium
A regular payment made to an insurance company to keep a health insurance policy active.
- Understand thoroughly the documentation and legal imperatives for the compensation and taxation processes of employees.
Learning Objectives
- Understand thoroughly the documentation and legal imperatives for the compensation and taxation processes of employees.
Related questions
Another Name for the Employer's Quarterly Federal Tax Return Is ...
Which of the Following Employees Would Qualify for Workers' Compensation ...
On Which Form Will the Number of Dependents an Employee ...
An Example of a Required Deduction from an Employee's Paycheck ...
Which of the Following Pertains to a Payroll Register ...