Payroll Accounting 2024 – 10th Edition by Jeanette Landin |
Complete Test Bank with Solutions
Bonie314 Stuvia
,TableofContents j j
Chapter 1: Payroll Practices and System Fundamentals Chapter
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j 2: Payroll System Procedures
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Chapter 3: Gross PayComputation
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Chapter 4: Fringe Benefits and Voluntary Deductions Chapter
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5: EmployeeNet Pay and Pay Methods Chapter6:
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EmployerPayrollTaxes and Labor Planning
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Chapter7:ThePayrollRegister,Employees'EarningsRecords,andAccountingSystem
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,Chap012024Landin
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Answersattheendof each
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chapter
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1) Payroll errors can lead to underreported wages and staffing issues.
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2) The Lilly Ledbetter Act of2009 reinforced the provisions of the Current Tax Payment Act by
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j enforcing tax remittance within 180 days. j j j j j
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3) The Occupational Safety and Health Act of 1970 added personal protective equipment
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standards during 2020.
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4) Employee retirement benefits are a recruiting and retention strategy used by businesses.
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5) The Family Medical Leave Act provided paid leave and guaranteed job retention for
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employees.
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6) Workers may access partial Social Security retirement benefits at age 62.
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7) The Fair Labor Standards Act has two levels of coverage: individual and enterprise.
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, 8) The ethical principle of integrity pertains to standards for remaining current with payroll
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professional development and certification.
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9) Contemporary payroll practices involve the use of cloud-based software.
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10) The use of payroll apps shifts the onusfor payroll accuracy from the employer to the
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11) The Personal Responsibility, Work and Family Promotion Act of 2002 mandated that new
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employees must be reported to state employment offices within how many days of the
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employee commencing employment?
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A) 30
B) 25
C) 20
D) 15
12) Which Act required the reporting of COVID-19-related leave?
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A) DOMA
B) ARPA
C) FMLA
D) FFCRA
13) During which decade were many landmark payroll legislation pieces enacted?
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A) 1910s
B) 1920s
C) 1930s
D) 1940s