Payroll chapter 2 exam - Study guides, Class notes & Summaries

Chapter 1 True / False 1. The Fair Labor Standards Act is commonly known as the Federal Wage and Hour Law. a. True b. False ANSWER: POINTS: DIFFICULTY: QUESTION TYPE: HAS VARIABLES: LEARNING OBJECTIVES: ACCREDITINGSTANDARDS: DATE CREATED: DATE MODIFIED: True 1 Easy True / False False PAYR.BIEG.14.1 - LO: 1 AICPA:v1-11-FN-Reporting Blooms Taxonomy-5 - Remembering Business Program-3 - Analytic 6/6/2017 10:33 AM 6/6/2017 10:33 AM 2. The FLSA imposes no recordkeeping requirements ...

Chapter 2 - Business Finances - California Contractor License Exam Questions and Answers 100% Pass 5 years - Correct Answer ️️ -Contracts, sales receipts and disbursements should be kept at LEAST: California Department of Tax and Fee Administration - Correct Answer ️️ -When collecting sales tax from a customer for goods, to which agency is the sales tax reported and paid? Large penalties can be charged for late filings - Correct Answer ️️ -What can happen if payroll tax retu...

Civil Service Exam 43 Questions with Verified Answers Sec 143.001 Purpose - CORRECT ANSWER to secure efficient fire and police departments with capable personnel, free from political influence, with permanent employment Sec 143.002 Who is covered - CORRECT ANSWER Municipalities with pop of 10,000 or more has paid fire/ police dept has voted to adopt chapter Population is determinted by - CORRECT ANSWER al decennial census l populaion estimate provided by state demographer if more rec...

Property Management - Exam 1 - Chapters 1-5 Graded A+ Chapter 1 Goals of the Property Manager 1. Achieve the objectives of the property owners; 2. Generate income for the owners; 3. Perserve and/or increase the value of the investment property. Development of the Property Management Profession Steel frame buildings and the electric elevator. Development of the suburban areas. Classification of real property 1.Residential 2. Commercial 3. Industrial 4. Special-purpose Chapter 2 Season Var...

Payroll accounting chapter 1 and 2 Exam Questions With Correct Answers The employee - answerCompletes the form I-9 exceptions to the protection provided by Age Discrimination in Employment Act ADEA - answerexecutives who are 65 or older and who have held high policy making positions during the two year period prior to retirement the federal unemployment act FUTA used to pay - answerstate and federal administrative expenses of the unemployment program when questions pertaining to religion...

Certified Payroll Professional Exam 120 Questions with Verified Answers Form SS-8 - CORRECT ANSWER Determination of worker status for purpose of federal employment taxes and income tax withholding. Can be filled out by the business or worker. Form W-4 - CORRECT ANSWER Employees withholding allowance certificate. Documents the amount of federal tax withholding. Form SS-4 - CORRECT ANSWER Application for employer identification number. Form 8233 - CORRECT ANSWER Exemption from withhold...

Chapter 1 & 2 Sage Exam Questions and Answers 100% The Business Status Center is also called Sage 50's: - Answer- Dashboard The Navigation Bar allows you to perform activities most closely associated: - Answer- All of the above (employees & payroll, Vendors & Purchases, Customers & Sales, Inventory & Services) The File pull-down menu allows you to do all the following BUT: - Answer- Receive payments from customers Perform common operations by using two or more keys: - Answer- Shortcut Ke...

ractice Exam Guide for Chapter 1 - Payroll Fundamentals 1 Latest Common Law Test - Questions - CORRECT ANSWER-1) How independent is the employee? 2) How much control can be exercised over the worker? Common Law Test - Employee - CORRECT ANSWER-- Required to comply with employer's instructions about when, where, and how to work - Works exclusively for the employer - Hired by the employer - Subject to dismissal; can quit without liability - Has a continuing relationship with the emplo...

Chapter 1 & 2 Sage Exam Questions and Answers 100% The Business Status Center is also called Sage 50's: - Answer- Dashboard The Navigation Bar allows you to perform activities most closely associated: - Answer- All of the above (employees & payroll, Vendors & Purchases, Customers & Sales, Inventory & Services) The File pull-down menu allows you to do all the following BUT: - Answer- Receive payments from customers Perform common operations by using two or more keys: - Answer- Shortcut Ke...

Certified Payroll Professional Exam (CPP) Part 2|95 Questions with Verified Answers Topic - CORRECT ANSWER Definition Knowledge of workers' compensation regulations - CORRECT ANSWER Knowledge of federal tax levy requirements - CORRECT ANSWER Knowledge of wage attachment/garnishment rules (e.g., Consumer Credit Protection Act - Bankruptcy) - CORRECT ANSWER Knowledge of child support withholding order regulations - CORRECT ANSWER Knowledge of medical support order regulation...