MHA 702 EXAM 4 2026 FINAL PAPER SOLVED
QUESTIONS WITH FULL SOLUTION ALREADY
PASSED
◉ a brief overview of a paymasters duties includes:
Answer: take care of the money, watched for security, and
bookkeeping
◉ In a process similar to HR, the scope and tasks of the paymasters
expanded. All paymasters were grouped together into a single office
called:
Answer: Payroll
◉ In time, payroll was assigned to:
Answer: Personnel
◉ Initially the two main roles of the payroll department was:
Answer: hiring and paying
◉ ____ gradually became necessary to comply with government
requirements such as FICA, FUTA, Unemployment Insurance, and the
Social Security Act.
,Answer: Withholding
◉ At first tax withholding and payments were assigned to Payroll,
but then it became an ___ when Payroll was assigned to the
Personnel department. A lot of companies moved tax withholdings
and payments over into the finance function because it was believed
that these were the people who could handle it, but as time has gone
by this has bounced back to the ___.
Answer: HR Department
◉ In many modern organizations, payroll has been ___ to another
company for bookkeeping and payments.
Answer: outsourced
◉ The payment process function has evolved from:
Answer: paymaster, to payroll, then to HR, then to finance, and then
back to HR, and now outsourced in larger companies
◉ ____ benefits were created to entice workers to stay with their
employers.
Answer: Fringe Benefits
, ◉ the government in the 70s froze wages due to hyperinflation to
allow employers an opportunity to compete on payroll and retain
employees, because of this companies began offering benefits like:
Answer: health insurance, added retirement benefits, flex spending
accounts
◉ Because fringe benefits were related to workers and their
families, the task of administering fringe benefits was assigned to:
Answer: Personnel
◉ In the economic boom following World War II, health insuranc
ebecame a prominent benefit offering. Along with with this,
offerings like ____ became benefits that employers were required by
law to provide.
Answer: Workers Comp, employers share of social security taxes,
short term disability insurance, and retirement programs
◉ The size and complexity of payroll continued to grow, as did fringe
benefits forcing ___ to take this function over.
Answer: HR
◉ The ___ also known as the Wagner Act expanded opportunities for
employees to form unions.
Answer: National Labor Relations Act of 1935
QUESTIONS WITH FULL SOLUTION ALREADY
PASSED
◉ a brief overview of a paymasters duties includes:
Answer: take care of the money, watched for security, and
bookkeeping
◉ In a process similar to HR, the scope and tasks of the paymasters
expanded. All paymasters were grouped together into a single office
called:
Answer: Payroll
◉ In time, payroll was assigned to:
Answer: Personnel
◉ Initially the two main roles of the payroll department was:
Answer: hiring and paying
◉ ____ gradually became necessary to comply with government
requirements such as FICA, FUTA, Unemployment Insurance, and the
Social Security Act.
,Answer: Withholding
◉ At first tax withholding and payments were assigned to Payroll,
but then it became an ___ when Payroll was assigned to the
Personnel department. A lot of companies moved tax withholdings
and payments over into the finance function because it was believed
that these were the people who could handle it, but as time has gone
by this has bounced back to the ___.
Answer: HR Department
◉ In many modern organizations, payroll has been ___ to another
company for bookkeeping and payments.
Answer: outsourced
◉ The payment process function has evolved from:
Answer: paymaster, to payroll, then to HR, then to finance, and then
back to HR, and now outsourced in larger companies
◉ ____ benefits were created to entice workers to stay with their
employers.
Answer: Fringe Benefits
, ◉ the government in the 70s froze wages due to hyperinflation to
allow employers an opportunity to compete on payroll and retain
employees, because of this companies began offering benefits like:
Answer: health insurance, added retirement benefits, flex spending
accounts
◉ Because fringe benefits were related to workers and their
families, the task of administering fringe benefits was assigned to:
Answer: Personnel
◉ In the economic boom following World War II, health insuranc
ebecame a prominent benefit offering. Along with with this,
offerings like ____ became benefits that employers were required by
law to provide.
Answer: Workers Comp, employers share of social security taxes,
short term disability insurance, and retirement programs
◉ The size and complexity of payroll continued to grow, as did fringe
benefits forcing ___ to take this function over.
Answer: HR
◉ The ___ also known as the Wagner Act expanded opportunities for
employees to form unions.
Answer: National Labor Relations Act of 1935
