An Employee Receives an Hourly Rate of $15,with Time and a Half

question 144

Multiple Choice

An employee receives an hourly rate of $15,with time and a half for all hours worked in excess of 40 during the week.Payroll data for the current week are as follows: hours worked,48; federal income tax withheld,$120; social security tax rate,6%; and Medicare tax rate,1.5%; state unemployment compensation tax,3.4% on the first $7,000; federal unemployment compensation tax,0.8% on the first $7,000.What is the net amount to be paid to the employee?

• A)$568.74
• B)$601.50
• C)$660.00
• D)$574.90

Define intellectual capital and its importance to organizational knowledge and success.

Identify stakeholders in an organization and understand their roles and impacts.

Understand the concept of globalization and its effects on organizational behavior and practices.

Recognize the importance of systematic research in organizational behavior and the role of multidisciplinary theories.

---

Definitions:

Waiting Period

A mandated time interval between when an action is taken and when some related action may occur or when its effect comes into play.

Early Termination

The process of ending an agreement or contract prior to its originally agreed upon conclusion date.

Self-Handicapping

A cognitive strategy by which individuals avoid effort in the hopes of keeping potential failure from hurting self-esteem.

Anticipatory Excuses

Refers to justifications provided in advance of an action to preemptively excuse or rationalize possible failure or poor performance.