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Accounting Fundamentals II
quizzes: lesson 12 quiz results
Important: This quiz uses a diminishing multiple choice format. What this means is that if
you miss a question, this evaluation page will explain why the answer you selected was
incorrect. The evaluation has been carefully designed so that it will not identify the correct
answer unless you choose that answer yourself. If you want a better quiz score, you are
expected to return to your lesson, review the material, and then take the quiz again.
Please understand that it would be very easy for me to just spoon-feed you the correct
answers each time you miss a question. But if I were to do so, then you would become
dependent on me. In the long run, that approach would do more harm than good.
I want you to leave this class with a solid understanding of this material and the
independence to solve your own problems. This quiz evaluation page has been specifically
engineered to fit my teaching philosophy.
Thank you,
-Your Instructor
1. By what date must an employer give employees their completed W-2 forms?
2. The employer's matching FICA tax is posted to which account in the General Ledger?
4. What is the wage cap per employee for Federal Unemployment Tax?
https://www.ed2go.com/cgi-bin/classroom/quizeval2.cgi 8/10/2007
Accounting Fundamentals II: quizzes: lesson 12 quiz results Page 2 of 2
Correct! The wage cap per employee for Federal Unemployment Tax
is the first $7,000.00 of earnings.
5. The maximum amount of earnings per employee subject to FICA tax in 2004 is how
much?
Quiz 12
Date submitted: 08/10/2007
https://www.ed2go.com/cgi-bin/classroom/quizeval2.cgi 8/10/2007