Solution Manual for Payroll Accounting 2024, 34th Edition by
Bernard J. Bieg, Bridget Stomberg, Verified Chapters 1 - 7,
Complete Newest Version
The Fair Labor Standards Act is commonly known as the - ANSWER: Federal Wage
and Hour Law
All states do _____ have their minimum wage set to be the same as the federal
government - ANSWER: not
By the use of executive orders, the federal government has banned ____________ in
employment on government contracts. - ANSWER: discrimination
Each state does not impose an ________ tax on employees that is 2% gross wages -
ANSWER: income
Which law establishes the minimum wage? - ANSWER: Fair Labor Standards Act
What is the current federal minimum wage? - ANSWER: $7.25
Title VII of the Civil Rights Act is also referred to as: - ANSWER: Equal Employment
Opportunity Act
Which information is included on Form I-9, a form completed by each employee? -
ANSWER: Verification of employment eligibility
What information does the E-Verify program check against existing Social Security
information? - ANSWER: Employment eligibility of new hires
What is the definition of an applicable larger employer according to the Affordable
Care Act? - ANSWER: 50 or more full-time employees during the previous year
Are domestics, which include cooks, butlers, and caretakers, excluded or included
from coverage under the FLSA individual employee coverage? - ANSWER: Included
When do employees who get paid bi-weekly receive their earnings? - ANSWER: Every
2 weeks
The FLSA requires that workers receive overtime pay for all hours worked in excess
of how many hours in a workweek? - ANSWER: 40 hours
One of the test to be met for the white-collar exemption for an executive is to be
paid a salary of at least how much a week? - ANSWER: $684 week
, Under enterprise coverage, all employees of a business are covered by the FLSA if
the organization is: - ANSWER: A nursing home, public agency, and hospital
Which workers are exempt from all FLSA requirements? - ANSWER: None of the
above (clerk-typist earning less than $200/week, taxicab drivers, and theater
employees)
What is true about the Equal Pay Act? - ANSWER: Wage differentials based on
seniority system are allowed
What is true according to the FLSA? - ANSWER: Employers keep records that show
the hours each employee worked each workday and each workweek
If an employee works two jobs at two different wage rates for the same employer
during the same pay week, any overtime pay must be calculated by using what
overtime hourly rate? - ANSWER: None of the above (higher of the two rates, lower
of the two rates)
When is overtime pay required under FLSA? - ANSWER: All hours worked in excess of
40 in a workweek
Are the highest paid executives of a firm excluded from coverage under FICA? -
ANSWER: no
Is severance pay considered taxable under FICA? - ANSWER: yes
Cash tips more than what amount in a month are defined as taxable wages? -
ANSWER: $20 month
What is Form 941 used by employers for? - ANSWER: To make their quarterly return
of FICA taxes and withheld income taxes
Which is not considered a wage according to FICA? - ANSWER: total cash tips of $15
received by a tipped employee in May.
How is the OASDI taxable wage based defined? - ANSWER: The maximum amount of
wages paid during a calendar year that is subject to the OASDI tax
For which kind of employment does FICA include coverage? - ANSWER: Federal
government secretaries hired in 1990
Which payments are NOT taxable for FICA? - ANSWER: Wage supplements to cover
difference between employees' salaries and their military pay.
Under FICA, which of the following definitions describes an employee in an
employee-employer relationship? - ANSWER: Individual who performs services in a
covered employment
Bernard J. Bieg, Bridget Stomberg, Verified Chapters 1 - 7,
Complete Newest Version
The Fair Labor Standards Act is commonly known as the - ANSWER: Federal Wage
and Hour Law
All states do _____ have their minimum wage set to be the same as the federal
government - ANSWER: not
By the use of executive orders, the federal government has banned ____________ in
employment on government contracts. - ANSWER: discrimination
Each state does not impose an ________ tax on employees that is 2% gross wages -
ANSWER: income
Which law establishes the minimum wage? - ANSWER: Fair Labor Standards Act
What is the current federal minimum wage? - ANSWER: $7.25
Title VII of the Civil Rights Act is also referred to as: - ANSWER: Equal Employment
Opportunity Act
Which information is included on Form I-9, a form completed by each employee? -
ANSWER: Verification of employment eligibility
What information does the E-Verify program check against existing Social Security
information? - ANSWER: Employment eligibility of new hires
What is the definition of an applicable larger employer according to the Affordable
Care Act? - ANSWER: 50 or more full-time employees during the previous year
Are domestics, which include cooks, butlers, and caretakers, excluded or included
from coverage under the FLSA individual employee coverage? - ANSWER: Included
When do employees who get paid bi-weekly receive their earnings? - ANSWER: Every
2 weeks
The FLSA requires that workers receive overtime pay for all hours worked in excess
of how many hours in a workweek? - ANSWER: 40 hours
One of the test to be met for the white-collar exemption for an executive is to be
paid a salary of at least how much a week? - ANSWER: $684 week
, Under enterprise coverage, all employees of a business are covered by the FLSA if
the organization is: - ANSWER: A nursing home, public agency, and hospital
Which workers are exempt from all FLSA requirements? - ANSWER: None of the
above (clerk-typist earning less than $200/week, taxicab drivers, and theater
employees)
What is true about the Equal Pay Act? - ANSWER: Wage differentials based on
seniority system are allowed
What is true according to the FLSA? - ANSWER: Employers keep records that show
the hours each employee worked each workday and each workweek
If an employee works two jobs at two different wage rates for the same employer
during the same pay week, any overtime pay must be calculated by using what
overtime hourly rate? - ANSWER: None of the above (higher of the two rates, lower
of the two rates)
When is overtime pay required under FLSA? - ANSWER: All hours worked in excess of
40 in a workweek
Are the highest paid executives of a firm excluded from coverage under FICA? -
ANSWER: no
Is severance pay considered taxable under FICA? - ANSWER: yes
Cash tips more than what amount in a month are defined as taxable wages? -
ANSWER: $20 month
What is Form 941 used by employers for? - ANSWER: To make their quarterly return
of FICA taxes and withheld income taxes
Which is not considered a wage according to FICA? - ANSWER: total cash tips of $15
received by a tipped employee in May.
How is the OASDI taxable wage based defined? - ANSWER: The maximum amount of
wages paid during a calendar year that is subject to the OASDI tax
For which kind of employment does FICA include coverage? - ANSWER: Federal
government secretaries hired in 1990
Which payments are NOT taxable for FICA? - ANSWER: Wage supplements to cover
difference between employees' salaries and their military pay.
Under FICA, which of the following definitions describes an employee in an
employee-employer relationship? - ANSWER: Individual who performs services in a
covered employment
