100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Payroll Accounting 2016 26th Edition by Bieg - Test Bank $23.10   Add to cart
Quickly navigate to
Preview
  2.  
  3. Accounting Test Bank
  4.  
  5. Accounting Test Bank
  6.  
  7. Accounting Test Bank

Exam (elaborations)

Payroll Accounting 2016 26th Edition by Bieg - Test Bank
 10 views  0 purchase
  • Course
  • Accounting Test Bank
  • Institution
  • Accounting Test Bank

1. The Federal Insurance Contributions Act levies a tax upon the gross earnings of self-employed persons. a. True b. False ANSWER: False POINTS: 1 2. FICA includes partnerships in its definition of employer. a. True b. False ANSWER: True POINTS: 1 3. In its def...

[Show more]

Preview 4 out of 91  pages

Document information

  • August 19, 2023
  • 91
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers

Subjects

  • complete test ban
  • payroll accounting 2016 26th edition by bieg

Written for

  • Accounting Test Bank
  • Accounting Test Bank
  • Accounting Test Bank
All documents for this subject (74)

Seller

avatar-seller
ExamsExpert

Reviews received

Content preview

,Chapter 1
True / False

1. The current minimum wage set by the Fair Labor Standards Act is $7.25 per hour.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: PAYR.BIEG.14.1 - LO: 1
ACCREDITING STANDARDS: AICPA: v1-11 - FN-Reporting
Blooms Taxonomy-5 - Remembering
Business Program-3 - Analytic
DATE CREATED: 7/21/2015 2:09 PM
DATE MODIFIED: 7/21/2015 2:09 PM
QUESTION ID: JFND-GO4G-GJBD-1CNB
QUESTION GLOBAL ID: GCID-E7BW-1TBP-CRHG-RP5B-GEAU-GP33-8YHN-4AUB-CAHN-4C33-GO4N-
4PDF-G711-4P5R-GYHD-CCBT-8FDI-GWN8-EPRW-EMJ1-8BOU-EAT1-CT1U-
GP3S-GYSU-O3DD-8YSU-GQDG-GOSS-CPTA-CRSS-NQBT-CRHU-KPB3-E7JI-
YT4D-JFNN-4OTI-GO4W-NQNBEE
INSTRUCTION GLOBAL ID: GCID-3e30ab753251-f54b-27b4-1537-81a903e5

2. The FLSA imposes no recordkeeping requirements on employers.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: PAYR.BIEG.14.2 - LO: 1
ACCREDITING STANDARDS: AICPA: v1-11 - FN-Reporting
Blooms Taxonomy-5 - Remembering
Business Program-3 - Analytic
DATE CREATED: 7/21/2015 2:09 PM
DATE MODIFIED: 7/21/2015 2:09 PM
QUESTION ID: JFND-GO4G-GJBD-1CB3
QUESTION GLOBAL ID: GCID-E7BW-1TBP-CRHG-RP5B-GEAU-GP33-8YHN-4AUB-CAHN-4C33-GO4N-
4PDF-G711-4P5R-GYHD-CCBT-8FDI-GWN8-EPRW-EMJ1-CTOS-KC3S-GTTD-
QPBO-8YSS-EPTA-CRSS-CPMN-GOSU-EPMR-CCSU-KQJO-8R5D-N3BU-E7JI-
YT4D-JFNN-4OTI-GO4W-NQNBEE
INSTRUCTION GLOBAL ID: GCID-3e30ab753251-f54b-27b4-1537-81a903e5

3. The employer is required by the FLSA to display a poster that informs employees of the provisions of the law.
a. True
Cengage Learning Testing, Powered by Cognero Page 1

,Chapter 1
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: PAYR.BIEG.14.3 - LO: 1
ACCREDITING STANDARDS: AICPA: v1-11 - FN-Reporting
Blooms Taxonomy-5 - Remembering
Business Program-3 - Analytic
DATE CREATED: 7/21/2015 2:09 PM
DATE MODIFIED: 7/21/2015 2:09 PM
QUESTION ID: JFND-GO4G-GJBD-1CBA
QUESTION GLOBAL ID: GCID-E7BW-1TBP-CRHG-RP5B-GEAU-GP33-8YHN-4AUB-CAHN-4C33-GO4N-
4PDF-G711-4P5R-GYHD-CCBT-8FDI-GWN8-EPRW-EMJI-CFTS-KA5G-CA5S-NP3I-
GHSU-OCBS-8YSU-NCT1-GOSS-RA5N-GASS-K3T1-CTTG-EPTZ-E7JI-YT4D-JFNN-
4OTI-GO4W-NQNBEE
INSTRUCTION GLOBAL ID: GCID-3e30ab753251-f54b-27b4-1537-81a903e5

4. All states have set their minimum wage to be the same as the federal government.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: PAYR.BIEG.14.4 - LO: 1
ACCREDITING STANDARDS: AICPA: v1-11 - FN-Reporting
Blooms Taxonomy-5 - Remembering
Business Program-3 - Analytic
DATE CREATED: 7/21/2015 2:09 PM
DATE MODIFIED: 7/21/2015 2:09 PM
QUESTION ID: JFND-GO4G-GJBD-1CNG
QUESTION GLOBAL ID: GCID-E7BW-1TBP-CRHG-RP5B-GEAU-GP33-8YHN-4AUB-CAHN-4C33-GO4N-
4PDF-G711-4P5R-GYHD-CCBT-8FDI-GWN8-EPRW-EMMN-CA4D-1PBZ-CC3G-
CC3I-GCSS-KAJI-8YSU-NPBW-GOSU-EC3A-8RSU-GCUD-GFUD-QPTI-E7JI-YT4D-
JFNN-4OTI-GO4W-NQNBEE
INSTRUCTION GLOBAL ID: GCID-3e30ab753251-f54b-27b4-1537-81a903e5

5. Under the Federal Insurance Contributions Act, the Medicare portion of the tax is only paid by the employer.
a. True
b. False
ANSWER: False
POINTS: 1

Cengage Learning Testing, Powered by Cognero Page 2

, Chapter 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: PAYR.BIEG.14.5 - LO: 1
ACCREDITING STANDARDS: AICPA: v1-11 - FN-Reporting
Blooms Taxonomy-5 - Remembering
Business Program-3 - Analytic
DATE CREATED: 7/21/2015 2:09 PM
DATE MODIFIED: 8/20/2015 6:44 PM
QUESTION ID: JFND-GO4G-GJBD-1CNF
QUESTION GLOBAL ID: GCID-E7BW-1TBP-CRHG-RP5B-GEAU-GP33-8YHN-4AUB-CAHN-4C33-GO4N-
4PDF-G711-4P5R-GYHD-CCBT-8FDI-GWN8-EPRW-EMJZ-GEAU-CA3O-GHHD-
OCTW-COSU-EAUD-CESS-KCDB-GOSU-EA3A-GYSS-CPBO-GT1D-1CBZ-E7JI-
YT4D-JFNN-4OTI-GO4W-NQNBEE
INSTRUCTION GLOBAL ID: GCID-3e30ab753251-f54b-27b4-1537-81a903e5

6. The FLSA provides health insurance for the aged and disabled (Medicare).
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: PAYR.BIEG.14.6 - LO: 1
ACCREDITING STANDARDS: AICPA: v1-11 - FN-Reporting
Blooms Taxonomy-5 - Remembering
Business Program-3 - Analytic
DATE CREATED: 7/21/2015 2:09 PM
DATE MODIFIED: 7/21/2015 2:09 PM
QUESTION ID: JFND-GO4G-GJBD-1CNR
QUESTION GLOBAL ID: GCID-E7BW-1TBP-CRHG-RP5B-GEAU-GP33-8YHN-4AUB-CAHN-4C33-GO4N-
4PDF-G711-4P5R-GYHD-CCBT-8FDI-GWN8-EPRW-EMMR-GA5D-1C3I-CP1D-
YCJA-8YSU-NCDG-CRSU-CPBT-GOSS-ECUG-COSS-ECBO-GH3D-O3TS-E7JI-
YT4D-JFNN-4OTI-GO4W-NQNBEE
INSTRUCTION GLOBAL ID: GCID-3e30ab753251-f54b-27b4-1537-81a903e5

7. The tax paid to the federal government for unemployment taxes is used for paying state and federal administrative
expenses of the unemployment program.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
Cengage Learning Testing, Powered by Cognero Page 3

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller ExamsExpert. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $23.10. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

80202 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$23.10
  • (0)
  Add to cart