[The following information applies to the questions displayed below.]
The average employee of Girard Corporation earns gross pay of $75,000 per year.The following table shows the relative size of various payroll amounts by expressing each as a percentage of total wages and salaries expense (gross pay):
In addition,Girard pays $425 per month per employee for group health insurance.
-Which of the following represents the largest amount withheld from employees' paychecks?
A)Workers' compensation insurance.
B)Social Security and Medicare.
C)Personal income taxes.
D)Group health insurance.

Question

[The following information applies to the questions displayed below.]
The average employee of Girard Corporation earns gross pay of $75,000 per year.The following table shows the relative size of various payroll amounts by expressing each as a percentage of total wages and salaries expense (gross pay):
  In addition,Girard pays $425 per month per employee for group health insurance.
-Which of the following represents the largest amount withheld from employees' paychecks?
A)Workers' compensation insurance. 
B)Social Security and Medicare. 
C)Personal income taxes. 
D)Group health insurance.

Quizplus · Accepted Answer

The question asks for the largest amount withheld from employees' paychecks. The amount withheld for personal income taxes is typically the largest, as it is calculated based on the employee's taxable income and tax bracket.

[The Following Information Applies to the Questions Displayed Below