Payroll MCQs

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The minimum wage set by the Fair Labor Standards Act that will be effective at the January 2015 is $8.10.




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The employer is required by the FLSA to display a poster that informs employees of the provisions of the law.




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All states have set their minimum wage to be the same as the federal government.




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Restrictions on the employment of child labor are established by the Federal Insurance Contribution Act.




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The tax paid to the federal government for unemployment taxes is used for paying state and federal administrative expenses of the unemployment program...




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The Self-Employment Contributions Act imposes a tax on the net earnings from self-employment derived by an individual from any trade or business.




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Each state imposes an income tax on employees based on gross wages earned.




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One of the provisions of coverage of the Civil Rights Act is that the employer must have 15 or more workers.




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Title VII of the Civil Rights Act protects all employees from arbitrary dismissal.




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Form I-9 must be completed by each new hire.




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Employers are now required to photocopy new employee's Form I-9 documents.




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Under the Civil Rights Act of 1964, the US government is classified as an exempt employer.




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Under the Family and Medical Leave Act, an employer can substitute an employee's earned paid leave for any part of the 12-week family leave.




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Under ERISA, vesting conveys to employees the right to share in a retirement fund in the event they are terminated before the normal retirement age.




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ERISA provides for full vesting of the employer's contributions in 3 years or gradually over 6 years.




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The cost of workers’ compensation insurance is borne by employees.




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Workers' compensation benefits are paid directly to the employer.




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Employment application forms are usually discarded when the applicant is hired.




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The FLSA provides health insurance for the aged and disabled (Medicare)




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A payroll register lists all employees who have earned remuneration, the amount of remuneration, the deductions, and the net amount paid for each pay ...




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The FLSA requires that workers receive at least twice the employees' regular hourly rate for hours worked on Sunday.




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If an investigative consumer report is being checked, the job applicant must be notified in writing by the employer that such a report is being sought...




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If an investigative consumer report is being checked, the job applicant must be notified in writing by the employer that such a report is being sought...




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under The FlSa enterprise coverage test, hospitals and nursing homes are only covered if their annual charges for services are at least $30,000




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If a business does not meet the enterprise coverage test, none of its workers qualify for individual employee coverage




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Institutions of higher education are extendeed coverage under FLSA without regard to their annual sales volume




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Under the FLSA, severance pay is excluded from the definition of wages.




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In January 2012, workers who receive the OHIO minimum hourly wage are paid $7.25 an hour.




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A retail shop may employ a full-time student at 70% of the minimum wage or $5.00 per hour




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A college may employ its own full-time students at 85% of the minimum wage.




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The FLSA defines a tipped employee as one who regularly receives tips of more than $20 a month




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Under FLSA, an employer can credit up to $5.12 of a tipped employee's federal minimum hourly wage as coming from the tips received by that employ...




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The FLSA requires that most workers receive overtime pay for all hours worked in excess of 40 hours per work week.




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The amounts needed for the General Journal payroll entries come from the Employee's Earnings Record.




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Employees who are receiving remedial education may work up to 10 hours overtime each week without receiving any overtime pay.




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When employees spend time changing clothes on the employer's premises, this time must be counted as part of their principal acyivities for which ...




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The Equal Pay Act stipulates that there cannot be any wage differentials between sexes who are working on the same job.




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The FLSA exempts all highly skilled computer operators from the minimum wage and overtime requirements.




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Under no conditions may children under the age of 16 be employed in food service establishments




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The FLSA requires that female employees be given at least two 15-minute rest periods each workday.




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The FLSA requires that all salaried white-collar personnel be paid for hours not worked due to personal reasons if the employee is on time at the star...




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Although commissions are considered payments for hours worked, they are excluded when determining the regular hourly wage rate.




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Which of the following is not a provision of the Fair Labor Standards Act (FLSA)?






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Which of the following is not part of the social security program?






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Which of the following acts levies a tax on employers and employees that is credited to the federal old-age and survivors' trust fund and the fed...






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Which of the following acts deals with the minimum wage paid to laborers for contractors on federal government construction contracts?






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Form I-9, which is completed by each employee, deals with:






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Which of the following forms is used to notify the payroll department to add a new employee to the payroll?






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Which of the following records lists all employees to earn remuneration, the amount of remuneration, the deductions and the net amount paid for each p...






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ERISA provides for full vesting of the employer's contributions to an employee's pension fund in the years or gradually over:






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The age discrimination in employment act provides protection to virtually all workers over the age of:






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pre hire questions pertaining to religion, gender , national origin, or age are allowed if:






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the fair labor standards act is commonly known as the federal wage and hour law




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the federal insurance contributions act covers restrictions upon the employment of child labor




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the federal income tax withholding law requires that all employment data be kept on file permanently




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in cases where both federal and sate regulations cover the minimum wage for the same employee, the federal rate is always used as the standard minimum...




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those records that are required by the various payroll laws must generally be kept on file for only the current year.




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unions and employment agencies are excluded from coverage under the civil rights act of 1964




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the age discrimination in employment act defines employers as those with 20 or more workers




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the age discrimination in employment protects virtually all workers but only to the age of 70




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the fica taxes are levied upon employers only




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social security benefits are unavailable to self-employed persons




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executive orders are the anti discrimination regulation for government contractors and subcontractors who perform work uner federal construction contr...




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most employers are faced with two unemployment taxes- federal and state




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if an employer employs one ore more individual in each of 20 or more weeks in occupations covered b FUTA, a federal unemployment tax must be paid




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all states impose state income taxes on individuals




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the futa taxpaid o the federal government is used to pay benefits to the unemployed workers who qualify for benefits




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employers receive credit against their SUTA tax because of their FUTA contributions




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the employee retirement income security act does not provide for vesting of the employee after a specified number of yaers




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the federal personal responsibility and work opportunity reconciliation act mandates that all states establish new hire reporting programs




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any company that is unlawfully employed an unauthorized alien can be fined up to $11,000




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Form I-9, employment eligibility verification, is completed only by employees who were born outside the united states




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the deadline for an employee is to complete form I-9 is one year from the date of hire




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in the event employment is denied because the information obtained from an investigative consumer report, the employer is required to inform the indiv...




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the application for employment does not become a permanent record for most businesses




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Deductions from gross pay in the payroll register are reflected on the credit side of the journal entry to record the payroll.




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Which of the following items would require an adjusting entry at the end of each accounting period?






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the payroll register is used to provide the information needed to record the payroll entries made in the journal on each payday




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employers don't need to have both payroll registers and employees' earnings records




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At the time that the entry is made to record the employers payroll taxes, the SUTA tax is recorded at the net amount (0.6%).




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The adjusting entry to record the accrued vacation pay at the end of an accounting period includes credits to the tax withholding liability accounts.




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When recording the deposit of FUTA taxes owed, the proper entry is:






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An employer will use the payroll register to keep track of an employee's accumulated wages.




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Once the journal entry for the payroll is complete, the information is posted to the appropriate general ledger accounts.




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A debit to the employees' FIT payable account removes the liability for the amount of federal income taxes withheld from employees' wages.




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Amounts withheld from employees' wages for health insurance are credited to a liability account.




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Tips received by employees are included as disposable earnings subject to garnishment for child support.




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FUTA Taxes Payable is an expense account in which are recorded the employer's federal unemployment taxes.




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The FICA taxes on the employer represent both business expenses and liabilities of the employer.




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Since FUTA tax is paid only once a quarter, the FUTA tax expense is recorded only at the time of payment.




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If employees must contribute to the state unemployment fund, this deduction should be shown in the payroll tax entry.




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Since vacation time is paid when used, there is no need to accrue this time in a liability account at the end of each accounting period.




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Carmen Gaetano worked 46 hours during this pay week. He is paid time-and-a-half for hours over 40 and his pay rate is $17.90/hour. What was his overti...






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The employee's earnings record provides information for each of the following except:






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Which of these accounts shows the total gross earnings that the employer incurs as an expense each payday?






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The garnishment that takes priority over all others is:






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Which of the following accounts is an expense account in which an employer records the FICA, FUTA, and SUTA taxes?






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Which of the following is not an expense of the employer?






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the payroll register is used by employers in preparing form W-2, the wage and tax statement sent to each employee at year end




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the hiring notice is a written record sent to the payroll department so that the new employee can be added to the payroll