Welcome to StudyStack, where users create FlashCards and share them with others. Click on the large flashcard to flip it over. Then click the green, red, or yellow box to move the current card to that box. Below the flashcards are blue buttons for other activities that you can try to study the same information.
Test Android StudyStack App
Please help StudyStack get a grant! Vote here.
or...
Reset Password Free Sign Up

Free flashcards for serious fun studying. Create your own or use sets shared by other students and teachers.


incorrect cards (0)
correct cards (0)
remaining cards (0)
Save
0:01
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the Correct box, the DOWN ARROW key to move the card to the Incorrect box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

Correct box contains:
Time elapsed:
Retries:
restart all cards


Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Accounting ch 8

College Accounting ch 8

QuestionAnswer
Direct Deposit A payroll method in which the employee does not handle the paycheck; payment is made by the employer directly to the employee's bank.
Electronic System A computer system based on a software package that performs all payroll record keeping and prepares payroll checks.
Employee Someone who works under the control and direction of an employer.
Employee Earnings Record A separate record of each employee's earnings.
Fair Labor Standards Act (FLSA) Payroll taxes withheld to provide Social Security and Medicare benefits.
Gross Pay Anemployee's total earnings.
Independent Contractor Someone who performs a service for a fee and does not work under the control and direction of the company paying for the service.
Manual System Payroll system in which all records are preparedby hand.
Net Pay Gross pay less mandatory and voluntary deductions.
Payroll Processing Center A business that sells payroll record-keeping services.
Payroll Register A form used to assemble the data required at the end of each payroll period.
Salary Compensation for managerial or administrative services.
Wage-Bracket Method A method of determining the amount to withhold from an employee's gross pay for a specific time period. Wage-bracket tables are provided by Internal Revenue Service.
Wages Compensation for skilled or unskilled labor.
Withholding Allowance A specific dollar amount of an employee's gross pay that is exempt from federal income tax withholding.
Created by: dengler on 2011-10-07



bad sites Copyright ©2001-2014  StudyStack LLC   All rights reserved.