Question 1

There are no states that allow employees to access their personnel files.

Accepted Answer

A) True 
 B)False  False

Question 2

The FUTA tax paid to the federal government is used to pay benefits to the unemployed workers who qualify for the benefits.

Accepted Answer

A) True 
 B)False  False

Question 3

The Fair labor Standards Act has set the current minimum hourly rate of pay at:

Accepted Answer

A)  $10.00 
B)  $7.25 
C)  $7.75 
D)  $5.00 
E)  $8.50 
A)  $10.00 
B)  $7.25 
C)  $7.75 
D)  $5.00 
E)  $8.50 B

Question 4

Under the Federal Insurance Contributions Act, the Medicare portion of the tax is only paid by the employer.

Accepted Answer

A) True 
 B)False

Question 5

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

Accepted Answer

A) True 
 B)False

Question 6

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

Accepted Answer

A)  contributions to individual retirement accounts. 
B)  verification of employment eligibility. 
C)  eligibility for unemployment benefits. 
D)  eligibility for Medicare benefits. 
E)  none of the above. 
A)  contributions to individual retirement accounts. 
B)  verification of employment eligibility. 
C)  eligibility for unemployment benefits. 
D)  eligibility for Medicare benefits. 
E)  none of the above.

Question 7

Which of the following Acts established the Equal Employment Opportunity Commission (EEOC)?

Accepted Answer

A)  Americans with Disabilities Act 
B)  Immigration Reform and Control Act of 1986 
C)  Civil Rights Act of 1964 
D)  Age Discrimination in Employment Act 
E)  None of the above 
A)  Americans with Disabilities Act 
B)  Immigration Reform and Control Act of 1986 
C)  Civil Rights Act of 1964 
D)  Age Discrimination in Employment Act 
E)  None of the above

Question 8

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

Accepted Answer

A) True 
 B)False

Question 9

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

Accepted Answer

A) True 
 B)False

Question 10

Which of the following acts deals with the unpaid leave for a family or medical emergency?

Accepted Answer

A)  Fair Labor Standards Act 
B)  Occupational Safety and Health Act 
C)  Family and Medical Leave Act of 1993 
D)  Walsh-Healey Public Contracts Act 
E)  None of the Above 
A)  Fair Labor Standards Act 
B)  Occupational Safety and Health Act 
C)  Family and Medical Leave Act of 1993 
D)  Walsh-Healey Public Contracts Act 
E)  None of the Above

Question 11

Which of the following laws protect employees against losses due to work-related injury:

Accepted Answer

A)  Workers' Compensation 
B)  Federal Wage and Hour 
C)  Family and Medical Leave 
D)  State Disability 
E)  Federal Unemployment 
A)  Workers' Compensation 
B)  Federal Wage and Hour 
C)  Family and Medical Leave 
D)  State Disability 
E)  Federal Unemployment

Question 12

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

Accepted Answer

A) True 
 B)False

Question 13

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

Accepted Answer

A)  Restricts the employment of child labor 
B)  Sets minimum wage 
C)  Forbids discrimination in hiring 
D)  Mandates equal pay for equal work, regardless of gender 
E)  All are provisions of FSLA 
A)  Restricts the employment of child labor 
B)  Sets minimum wage 
C)  Forbids discrimination in hiring 
D)  Mandates equal pay for equal work, regardless of gender 
E)  All are provisions of FSLA

Question 14

The FLSA requires all employees to be paid weekly or biweekly.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following forms is used to complete each employee's Form W-2, Wage and Tax Statement?

Accepted Answer

A)  Payroll register 
B)  Employee's paycheck 
C)  Change in payroll rate form 
D)  Employee's individual retirement account 
E)  Employee's earnings record 
A)  Payroll register 
B)  Employee's paycheck 
C)  Change in payroll rate form 
D)  Employee's individual retirement account 
E)  Employee's earnings record

Question 16

Which of the following acts gives a tax credit to employers for offering health insurance to their employees?

Accepted Answer

A)  Civil Rights Act 
B)  Fair Labor Standards Act 
C)  Family and Medical Leave Act 
D)  Patient Protection and Affordable Care Act 
E)  None of the above 
A)  Civil Rights Act 
B)  Fair Labor Standards Act 
C)  Family and Medical Leave Act 
D)  Patient Protection and Affordable Care Act 
E)  None of the above

Question 17

Most employers are faced with two unemployment taxes-federal and state.

Accepted Answer

A) True 
 B)False

Question 18

The amounts needed for the payroll entries in the journal come from the employee's earnings record .

Accepted Answer

A) True 
 B)False

Question 19

Which of the following is part of the Family and Medical Leave Act for the employer:

Accepted Answer

A)  Must provide for 9 months of unpaid leave 
B)  Must allow all employees to take the leave 
C)  Must pay the employee 50% of their salary during the leave 
D)  Must continue the employee's health-care coverage during the leave 
E)  All of the above 
A)  Must provide for 9 months of unpaid leave 
B)  Must allow all employees to take the leave 
C)  Must pay the employee 50% of their salary during the leave 
D)  Must continue the employee's health-care coverage during the leave 
E)  All of the above

Question 20

If an investigative consumer report is being issued, the applicant must be given a written notice that the information obtained will be used in the employment decision.

Accepted Answer

A) True 
 B)False

There are no states that allow employees to access their personnel files.

The FUTA tax paid to the federal government is used to pay benefits to the unemployed workers who qualify for the benefits.

The Fair labor Standards Act has set the current minimum hourly rate of pay at:

Under the Federal Insurance Contributions Act, the Medicare portion of the tax is only paid by the employer.

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

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

Which of the following Acts established the Equal Employment Opportunity Commission (EEOC)?

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

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

Which of the following acts deals with the unpaid leave for a family or medical emergency?

Which of the following laws protect employees against losses due to work-related injury:

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

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

The FLSA requires all employees to be paid weekly or biweekly.

Which of the following forms is used to complete each employee's Form W-2, Wage and Tax Statement?

Which of the following acts gives a tax credit to employers for offering health insurance to their employees?

Most employers are faced with two unemployment taxes-federal and state.

The amounts needed for the payroll entries in the journal come from the employee's earnings record .

Which of the following is part of the Family and Medical Leave Act for the employer:

If an investigative consumer report is being issued, the applicant must be given a written notice that the information obtained will be used in the employment decision.

Computing Wages and Salaries

Social Security Taxes

Income Tax Withholding

Unemployment Compensation Taxes

Analyzing and Journalizing Payroll

Filters

Exam 1: The Need for Payroll and Personnel Records

There are no states that allow employees to access their personnel files.

The FUTA tax paid to the federal government is used to pay benefits to the unemployed workers who qualify for the benefits.

The Fair labor Standards Act has set the current minimum hourly rate of pay at:

Under the Federal Insurance Contributions Act, the Medicare portion of the tax is only paid by the employer.

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

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

Which of the following Acts established the Equal Employment Opportunity Commission (EEOC)?

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

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

Which of the following acts deals with the unpaid leave for a family or medical emergency?

Which of the following laws protect employees against losses due to work-related injury:

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

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

The FLSA requires all employees to be paid weekly or biweekly.

Which of the following forms is used to complete each employee's Form W-2, Wage and Tax Statement?

Which of the following acts gives a tax credit to employers for offering health insurance to their employees?

Most employers are faced with two unemployment taxes-federal and state.

The amounts needed for the payroll entries in the journal come from the employee's earnings record .

Which of the following is part of the Family and Medical Leave Act for the employer:

If an investigative consumer report is being issued, the applicant must be given a written notice that the information obtained will be used in the employment decision.

Computing Wages and Salaries

Social Security Taxes

Income Tax Withholding

Unemployment Compensation Taxes

Analyzing and Journalizing Payroll

Filters