Payroll and Accounting Exam 2024/2025 with 100% correct answers
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Course
Payroll and Accounting Ex
Institution
Payroll And Accounting Ex
The Fair Labor Standards Act is commonly known as the Federal Wage and Hour Law T/F? correct answersTrue
All states have set their minimum wage to be the same as the federal government. T/F? correct answersFalse
By the use of executive orders, the federal government has banned discrimination ...
Which information is included on Form I-9, a form completed by each employee?
A. Contributions to individual retirement accounts
, B. Verification of employment eligibility
C. Eligibility for unemployment benefits
D. Eligibility for Medicare benefits correct answersB. Verification of employment eligibility
What information does the E-Verify program check against existing Social Security Information?
A. Age of new hires
B. Vesting status of all employees
C. Health status of employees on medical leave
D. Employment eligibility of new hires correct answersD. Employment eligibility of new hires
What is the definition of an applicable larger employer according to the Affordable Care Act?
A. 15 or more full-time employees during the previous year
B. 1 or more full-time employee during the previous year
C. 200 or more full-time employees during the previous year
D. 50 or more full-time employees during the previous year correct answersD. 50 or more full-time
employees during the previous year
Domestics, which includes cooks, butlers, caretakers, are excluded from coverage under the FLSA T/F?
correct answersFalse
Employees paid biweekly receive earnings every two weeks T/F? correct answersTrue
The FlSA requires that workers receive overtime pay for all hours worked in excess of 40 in a workweek
T/F? correct answersTrue
One of the tests to be met for the white-collar exemption for an executive is to be paid a salary of at
least $1000 per week T/F? correct answersFalse, it should be $684/week
Under enterprise coverage, all employees of a business are covered by the Fair Labor Standards Act if the
organization is which of the following?
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