Identify All Correct Statements Concerning Payrolls and Related Payroll Costs

question 140

Multiple Choice

Identify all correct statements concerning payrolls and related payroll costs:

• A) Both employers and employees are required to contribute to employee pension plans.
• B) Workers' compensation premiums are withheld from employees' wages.
• C) An employer's total payroll costs usually exceed total wages expense by about 7 1/2%.
• D) Employers are required to pay Social Security taxes on employees' earnings, but they are not required to pay for health insurance.

---

Definitions:

Theory X

A management theory suggesting that employees are inherently lazy and require close supervision and control to be productive.

Work Breaks

Scheduled or unscheduled periods during work hours when employees are allowed to rest, eat, or attend to personal matters.

Theory Y

A management theory suggesting that employees are naturally motivated, responsible, and self-directed, requiring participative management styles for optimal performance.

Worker Behavior

The actions and conduct displayed by employees in the workplace.