Which of the Following Items Is Not Included on an Employee's

question 40

Multiple Choice

Which of the following items is not included on an employee's Form W-2?

• A)Taxable wages, tips, and compensation
• B)Social Security withholding
• C)Value of stock options granted during the year
• D)Federal and state income tax withholding

---

Definitions:

Administrative Expenses

Expenses that cannot be directly linked to the production or selling process and include costs related to the overall management and administration.

Client-Visits

The occurrence of a service provider traveling to a client's location to conduct business or perform a service.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity, allowing better performance evaluation.

Spending Variance

The discrepancy between the budgeted or forecasted expenditure and the actual amount spent.