Accounting 18 - Computerized Payroll Accounting » Spring 2021 » Achievement Test 1

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Question #1
The Fair Labor Standards Act sets the current minimum wage at $7.50 per hour.
A.   TRUE
B.   FALSE
Question #2
The Federal Insurance Contributions Act covers restrictions on the employment of child labor.
A.   FALSE
B.   TRUE
Question #3
The Federal Income Tax Withholding Law requires that all employment data be kept on file permanently.
A.   TRUE
B.   FALSE
Question #4
In cases where both federal and state regulations cover the minimum wage for the same employee, the higher of the two rates is always used as the standard minimum wage.
A.   FALSE
B.   TRUE
Question #5
Those records that are required by the various payroll laws must generally be kept on file for only the current year.
A.   TRUE
B.   FALSE
Question #6
Unions and employment agencies are excluded from coverage under the Civil Rights Act of 1964.
A.   TRUE
B.   FALSE
Question #7
Employers' photocopying of new employees' I-9 documents is not required under the Immigration Reform and Control Act.
A.   FALSE
B.   TRUE
Question #8
The Age Discrimination in Employment Act protects virtually all workers, but only to the age of 70.
A.   FALSE
B.   TRUE
Question #9
FICA taxes are levied upon employers only.
A.   FALSE
B.   TRUE
Question #10
Criminal background checks can be used by employers on all job applicants.
A.   TRUE
B.   FALSE
Question #11
Most employers are faced with two unemployment taxes—federal and state.
A.   FALSE
B.   TRUE
Question #12
Every state imposes state unemployment taxes on employers in their state.
A.   FALSE
B.   TRUE
Question #13
As part of their FMLA, a few states have implemented a paid family leave plan.
A.   FALSE
B.   TRUE
Question #14
The FUTA tax paid to the federal government is used to pay benefits to the unemployed workers who qualify for the benefits.
A.   TRUE
B.   FALSE
Question #15
Under the Affordable Care Act, all employers are required to provide insurance coverage for all full-time employees.
A.   FALSE
B.   TRUE
Question #16
The information reporting requirements of the Affordable Care Act only involve the filing of each employee's Form W-2.
A.   TRUE
B.   FALSE
Question #17
  
A.   FALSE
B.   TRUE
Question #18
Under the Family and Medical Leave Act, employers can exempt the highest paid 10 percent of their workforce from its provisions.
A.   FALSE
B.   TRUE
Question #19
Under federal law, new-hire reporting also applies to newly hired independent contractors.
A.   TRUE
B.   FALSE
Question #20
Form I-9, Employment Eligibility Verification, is completed only by employees who were born outside the United States.
A.   FALSE
B.   TRUE
Question #21
The deadline for an employee to complete and sign Section 1 of Form I-9 is one year from the date of hire.
A.   TRUE
B.   FALSE
Question #22
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.
A.   FALSE
B.   TRUE
Question #23
Workers' compensation insurance applies only to work-related injury, illness, or death.
A.   TRUE
B.   FALSE
Question #24
Pre-hire questions pertaining to religion, gender, national origin, or age are allowed when these factors are bona fide occupational requirements for a job.
A.   FALSE
B.   TRUE
Question #25
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.
A.   FALSE
B.   TRUE
Question #26
Employers cannot terminate an employee for providing false information on an application form once the employee begins employment.
A.   TRUE
B.   FALSE
Question #27
The hiring notice is a record sent to the Payroll Department so that the new employee can be added to the payroll.
A.   FALSE
B.   TRUE
Question #28
The payroll register is used by employers in preparing Form W-2, the wage and tax statement sent to each employee at year-end.
A.   TRUE
B.   FALSE
Question #29
The payroll register is used to provide the information needed to record the payroll entries made in the journal on each payday.
A.   TRUE
B.   FALSE
Question #30
The FLSA requires all employees to be paid weekly or biweekly.
A.   TRUE
B.   FALSE
Question #31
Which of the following is not a provision of the Fair Labor Standards Act (FSLA)?
A.   Restricts the employment of child labor
B.   All are provisions of FSLA.
C.   Sets minimum wage
D.   Forbids discrimination in hiring
E.   Mandates equal pay for equal work, regardless of gender
Question #32
Which of the following bases for discrimination in employment practices is not covered in Title VII of the Civil Rights Act of 1964 as amended?
A.   Sex
B.   Color
C.   Age
D.   Religion
E.   National origin
Question #33
Which of the following acts covers employee pension and welfare plans?
A.   Employee Retirement Income Security Act
B.   Affordable Care Act
C.   Federal Insurance Contributions Act
D.   Age Discrimination in Employment Act
E.   Family and Medical Leave Act
Question #34
Medicare is a two-part health insurance program that was part of an amendment to what act?
A.   Affordable Care Act
B.   Fair Labor Standards Act
C.   Federal Income Tax Withholding Law
D.   Federal Unemployment Tax Act
E.   Federal Insurance Contributions Act
Question #35
Which of the following statements is not a provision of ERISA?
A.   ERISA provides that all employees are eligible to set up their own individual retirement accounts.
B.   ERISA establishes minimum vesting schedules that protect the workers' benefits.
C.   ERISA requires each employer to establish a pension plan.
D.   All of these choices are provisions of ERISA.
E.   ERISA applies to pension and welfare plans established by any employer engaged in commerce.
Question #36
Which of the following acts deals with the minimum wage paid to laborers for contractors who supply materials to any agency of the United States?
A.   None of these choices are correct
B.   Walsh-Healey Public Contracts
C.   Davis-Bacon
D.   McNamara-O'Hara Service Contract
E.   Federal Insurance Contributions
Question #37
Which of the following forms is used to complete each employee's Form W-2, Wage and Tax Statement?
A.   Employee's earnings record
B.   Employee's paycheck
C.   Change in payroll rate form
D.   Employee's individual retirement account
E.   Payroll register
Question #38
Protection under the provisions of the Age Discrimination in Employment Act begins at what age?
A.   65
B.   21
C.   18
D.   50
E.   40

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