Comprehensive and Detailed Explanation:
An Independent Contractor is someone who:
Is not under the direct control of the employer
Is paid per project rather than hourly or salary
Provides services for multiple clients
Option A (Leased Employee) is incorrect because a leased employee works for a staffing agency, not as an independent contractor.
Option B (Administrative Employee) is incorrect because administrative roles are W-2 employees.
Option D (Commissioned Salesperson) is incorrect because commissioned employees earn based on sales, not project completion.
Reference:
IRS - Independent Contractor vs. Employee Guidelines
Payroll.org - Classification of Workers for Payroll Compliance

Comprehensive and Detailed Explanation:
Grossing up means increasing the payment amount so that the employee receives a specific net amount after taxes are withheld. Employers pay the taxes on behalf of the employee in such cases.
This is commonly used for:
Relocation reimbursements
Bonus payments
Tax equalization for expatriates
Option A is incorrect because grossing up is done to cover taxes, not to determine withholdings.
Option B is incorrect because grossed-up amounts are taxable, not tax-exempt.
Option D is incorrect because grossed-up payments are always taxable.
Formula:
Reference:
IRS Publication 15 - Employer's Tax Guide
Payroll.org - Gross-Up Calculation Methods

Comprehensive and Detailed Explanation:
The employee master file for an exempt employee should include:
Payment Dates (B) - To ensure timely payroll processing.
Work Location (C) - For tax and compliance purposes.
Rate of Pay (D) - Required for salary calculations.
Option A (Minimum Wage) is incorrect because exempt employees are not subject to minimum wage laws under FLSA.
Reference:
Fair Labor Standards Act (FLSA) - Exempt Employee Requirements
Payroll.org - Employee Master File Best Practices

Comprehensive and Detailed Explanation:In accounting, anormal balancerefers to theside (debit or credit) that increases the account balance.
* Assets (Option A) normally have a debit balancebecause they representresources owned by the company (cash, accounts receivable, equipment, etc.).
* Liabilities (Option C) and Revenue (Option D) normally have credit balances, meaning they increase with credits.
* Capital (Option B) also has a normal credit balance, as it representsowner's equity.
Reference:
GAAP Accounting Principles - Normal Account Balances
Payroll.org - Payroll Accounting Basics