Automatic Calculation Can Be Turned Off from the Ribbon or from the ____

question 132

Multiple Choice

Automatic calculation can be turned off from the ribbon or from the ____ dialog box accessed via the FILE tab.

• A) Excel Options
• B) Worksheet Options
• C) Automatic Options
• D) Ribbon Options

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Definitions:

SUTA Payable

State Unemployment Tax Act payable, a liability account for taxes owed by employers to state unemployment insurance programs.

Social Security Tax

Taxes collected by the government from employees and employers to fund the Social Security program, providing retirement, disability, and survivors' benefits.

Payroll Tax Expense

Levies placed on both employers and employees, determined based on a percentage of the wages that employers distribute to their workforce.

FICA Taxes Payable

Taxes owed for Federal Insurance Contributions Act, primarily for Social Security and Medicare, withheld from employees' paychecks.