11/24/24, 4:48 PM PAYROLL FUNDAMENTAL MIDTERM EXAM 2024 NEWEST ACTUAL EXAM COMPLETE QUESTIONS WITH DETAILED VERIF…
PAYROLL FUNDAMENTAL MIDTERM EXAM 2024
NEWEST ACTUAL EXAM COMPLETE QUESTIONS
WITH DETAILED VERIFIED ANSWERS (100%
CORRECT ANSWERS) /ALREADY GRADED A+
Practice questions for this set
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Studied 7 terms
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Terms in this set (823)
Which of the following 3 (Both federal and state wage and hour laws govern
regulations is governed by minimum wage, overtime and an employee's exempt
both the state and the status.)
federal governments?
1 Method of payment
2 Final pay to a terminated
employee
3 Exempt/nonexempt
status
4 Breaks
https://quizlet.com/975687590/payroll-fundamental-midterm-exam-2024-newest-actual-exam-complete-questions-with-detailed-verified-answers-100-… 1/18
,11/24/24, 4:48 PM PAYROLL FUNDAMENTAL MIDTERM EXAM 2024 NEWEST ACTUAL EXAM COMPLETE QUESTIONS WITH DETAILED VERIF…
Which of the following 2 (The FLSA defines regular rate of pay as the total
amounts are included in regular pay for all hours work divided by the hours
the calculation of an worked in the workweek. The FLSA exempts the
employee's regular rate of following types of pay from the regular rate of pay -
pay? gifts, paid time off, reimbursed expenses,
1 Pay for hours not worked discretionary bonuses, benefit plan contributions, and
2 Shift premiums others.)
3 Employer benefit plan
contributions
4 De minimis holiday gifts
For more information, 2 (The FLSA regulates overtime, minimum wage, child
refer to Module 1, Lesson labor, and equal pay.)
4
All of the following items
are covered by the Fair
Labor Standards Act
EXCEPT:
1 defining equal pay for
equal work.
2 defining when escheat
laws apply.
3 setting child labor
restrictions.
4 setting the minimum age
for work.
https://quizlet.com/975687590/payroll-fundamental-midterm-exam-2024-newest-actual-exam-complete-questions-with-detailed-verified-answers-100-… 2/18
, 11/24/24, 4:48 PM PAYROLL FUNDAMENTAL MIDTERM EXAM 2024 NEWEST ACTUAL EXAM COMPLETE QUESTIONS WITH DETAILED VERIF…
For more information, 3 (Under the FLSA, an employee under the age of 20
refer to Module 1, Lesson can be paid the opportunity wage of $4.25 per hour
4 for a maximum of 90 calendar days.)
Under the FLSA, an
employee under the age
of 20 can be paid the
opportunity wage for a
maximum of:
1. 30 calendar days.
2. 60 calendar days.
3. 90 calendar days.
4. 120 calendar days.
RATIONALE 1 (Under the FLSA, when a nonexempt employee
For more information, receives a retroactive pay increase, the new pay rate
refer to Module 1, Lesson impacts the employee's overtime premium for the
4 entire period of the retroactive increase.)
Under the FLSA, when a
nonexempt employee
receives a retroactive pay
increase, over what period
of time, if any, will the new
pay rate impact the
employee's overtime
premium?
• The entire period of the
retroactive increase
b. Only the current
workweek
c. Only the current pay
period
d. It does not have to be
considered in the
overtime premium
SSN stands for Social Security Number
https://quizlet.com/975687590/payroll-fundamental-midterm-exam-2024-newest-actual-exam-complete-questions-with-detailed-verified-answers-100-… 3/18
PAYROLL FUNDAMENTAL MIDTERM EXAM 2024
NEWEST ACTUAL EXAM COMPLETE QUESTIONS
WITH DETAILED VERIFIED ANSWERS (100%
CORRECT ANSWERS) /ALREADY GRADED A+
Practice questions for this set
Learn
Studied 7 terms
Nice work, you're crushing it
Continue studying in Learn
Terms in this set (823)
Which of the following 3 (Both federal and state wage and hour laws govern
regulations is governed by minimum wage, overtime and an employee's exempt
both the state and the status.)
federal governments?
1 Method of payment
2 Final pay to a terminated
employee
3 Exempt/nonexempt
status
4 Breaks
https://quizlet.com/975687590/payroll-fundamental-midterm-exam-2024-newest-actual-exam-complete-questions-with-detailed-verified-answers-100-… 1/18
,11/24/24, 4:48 PM PAYROLL FUNDAMENTAL MIDTERM EXAM 2024 NEWEST ACTUAL EXAM COMPLETE QUESTIONS WITH DETAILED VERIF…
Which of the following 2 (The FLSA defines regular rate of pay as the total
amounts are included in regular pay for all hours work divided by the hours
the calculation of an worked in the workweek. The FLSA exempts the
employee's regular rate of following types of pay from the regular rate of pay -
pay? gifts, paid time off, reimbursed expenses,
1 Pay for hours not worked discretionary bonuses, benefit plan contributions, and
2 Shift premiums others.)
3 Employer benefit plan
contributions
4 De minimis holiday gifts
For more information, 2 (The FLSA regulates overtime, minimum wage, child
refer to Module 1, Lesson labor, and equal pay.)
4
All of the following items
are covered by the Fair
Labor Standards Act
EXCEPT:
1 defining equal pay for
equal work.
2 defining when escheat
laws apply.
3 setting child labor
restrictions.
4 setting the minimum age
for work.
https://quizlet.com/975687590/payroll-fundamental-midterm-exam-2024-newest-actual-exam-complete-questions-with-detailed-verified-answers-100-… 2/18
, 11/24/24, 4:48 PM PAYROLL FUNDAMENTAL MIDTERM EXAM 2024 NEWEST ACTUAL EXAM COMPLETE QUESTIONS WITH DETAILED VERIF…
For more information, 3 (Under the FLSA, an employee under the age of 20
refer to Module 1, Lesson can be paid the opportunity wage of $4.25 per hour
4 for a maximum of 90 calendar days.)
Under the FLSA, an
employee under the age
of 20 can be paid the
opportunity wage for a
maximum of:
1. 30 calendar days.
2. 60 calendar days.
3. 90 calendar days.
4. 120 calendar days.
RATIONALE 1 (Under the FLSA, when a nonexempt employee
For more information, receives a retroactive pay increase, the new pay rate
refer to Module 1, Lesson impacts the employee's overtime premium for the
4 entire period of the retroactive increase.)
Under the FLSA, when a
nonexempt employee
receives a retroactive pay
increase, over what period
of time, if any, will the new
pay rate impact the
employee's overtime
premium?
• The entire period of the
retroactive increase
b. Only the current
workweek
c. Only the current pay
period
d. It does not have to be
considered in the
overtime premium
SSN stands for Social Security Number
https://quizlet.com/975687590/payroll-fundamental-midterm-exam-2024-newest-actual-exam-complete-questions-with-detailed-verified-answers-100-… 3/18
