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payroll tax liability accounts should be reconciled at least weekly true false {Ans: false reconciliations of liability accounts should occur at least monthly}Last month, an employee emailed her mother on the company's email, photocopied fliers for her church picnic at work and used her work computer to update her resume. These services represent: a. taxable compensation b. de minimis fringes c. working condition fringes d. no-additional cost services {Ans: b. de minimis fringes}Which of the following is true regarding payroll tax deposits? a. employers are penalized for failing to deposit 100% of their tax liability by the due date. b. employers with accumulated payroll taxes under $2500 for a month can deposit the amount due with their quarterly tax return. c. employers accumulating a tax liability of more than $50,000 in the lookback period file schedule B with form 941. d. employers must withhold taxes on noncash fringe benefits at least quarterly. {Ans: c. employers accumulating a tax liability of more than $50,000 in the lookback period file schedule b with form 941}what is the correct chronological sequence for the following events associated with DD? 1. company creates ACH file 2. employee receives deposits in his or