Exam 2: Computing Wages and Salaries
Exam 1: The Need for Payroll and Personal Records70 Questions
Exam 2: Computing Wages and Salaries79 Questions
Exam 3: Social Security Taxes70 Questions
Exam 4: Income Tax Withholding56 Questions
Exam 5: Unemployment Compensation Taxes67 Questions
Exam 6: Analyzing and Journalizing Payroll54 Questions
Select questions type
If an employer is unable to obtain a certificate of age or a work permit for a minor employee,the employer may rely upon what document as evidence of age?
(Multiple Choice)
4.9/5
(67)
When employees spend time changing clothes on the employer's premises,this time must be counted as part of their principal activities for which they are always fully compensated.
(True/False)
4.8/5
(83)
Provided employees can use the on-call time for their own purposes,this time is not compensable.
(True/False)
4.8/5
(80)
Exempt professional employees are exempt from all provisions of the FLSA-minimum wages,overtime pay,and equal pay.
(True/False)
4.8/5
(78)
Payments made to a bona fide profit-sharing plan that meets the standards set by the secretary of labor's regulations are not deemed wages in determining the regular rate of pay.
(True/False)
4.7/5
(88)
Although commissions are considered payments for hours worked,in all cases they are excluded when determining the regular hourly rate.
(True/False)
4.9/5
(84)
Training sessions are counted as working time when the following condition is met:
(Multiple Choice)
4.8/5
(76)
The Equal Pay Act stipulates that there cannot be any wage differentials between the sexes.
(True/False)
4.8/5
(72)
Rest periods and coffee breaks may be required by all of the following except:
(Multiple Choice)
4.7/5
(83)
Instruction 2-1
Unless instructed otherwise,compute hourly rate and overtime rates as follows:
1.Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate).
2.If the third decimal place is 5 or more,round to the next higher cent.
3.If the third decimal place is less than 5,drop the third decimal place.
Also,use the minimum hourly wage of $7.25 in solving these problems and all that follow.
-Refer to Instruction 2-1.Carolyn Clark,a full-time student at Atlanta State University,works at the Barclay Dress Shop.In order not to violate the FLSA,the least salary that Barclay could pay Clark for her 28-hour workweek is __________.
(Essay)
4.7/5
(87)
Violators of the overtime provision of the FLSA are required to pay the unpaid overtime at a rate of triple the employee's rate.
(True/False)
4.9/5
(79)
Under enterprise coverage,all employees of a business are covered by the FLSA if the organization is:
(Multiple Choice)
4.8/5
(85)
The FLSA requires that employees be given at least two 15-minute rest periods each workday.
(True/False)
4.9/5
(96)
Under the piece-rate system,workers are paid according to their output.
(True/False)
4.9/5
(66)
Instruction 2-1
Unless instructed otherwise,compute hourly rate and overtime rates as follows:
1.Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate).
2.If the third decimal place is 5 or more,round to the next higher cent.
3.If the third decimal place is less than 5,drop the third decimal place.
Also,use the minimum hourly wage of $7.25 in solving these problems and all that follow.
-Refer to Instruction 2-1.Every two weeks,Linda Corson is paid $650.Corson works a 32-hour week.For overtime,she receives extra pay at the regular hourly rate up to 40 hours.For any hours beyond 40 during the workweek,she receives time and one-half.During one biweekly pay period,she worked 17 hours overtime.Only 3 hours of the overtime were beyond 40 hours in any one week.Corson's gross earnings for the biweekly pay period are __________.
(Essay)
4.8/5
(81)
Employees paid biweekly receive their remuneration every two weeks.
(True/False)
4.9/5
(74)
In converting semimonthly wage rates to hourly rates,divide the semimonthly rate by 4 to arrive at the weekly rate,then divide this rate by the standard number of hours.
(True/False)
5.0/5
(84)
Instruction 2-1
Unless instructed otherwise,compute hourly rate and overtime rates as follows:
1.Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate).
2.If the third decimal place is 5 or more,round to the next higher cent.
3.If the third decimal place is less than 5,drop the third decimal place.
Also,use the minimum hourly wage of $7.25 in solving these problems and all that follow.
-Refer to Instruction 2-1.Casey Klemons' agreement (BELO plan)with his employer provides for a pay rate of $16.50 per hour with a maximum of 50 hour.How much would Klemons be paid for a week in which he worked 46 hours?
(Essay)
4.7/5
(74)
Showing 41 - 60 of 79
Filters
- Essay(0)
- Multiple Choice(0)
- Short Answer(0)
- True False(0)
- Matching(0)