Exam 2: Computing Wages and Salaries
Exam 1: The Need for Payroll and Personnel Records48 Questions
Exam 2: Computing Wages and Salaries60 Questions
Exam 3: Social Security Taxes60 Questions
Exam 4: Income Tax Withholding41 Questions
Exam 5: Unemployment Compensation Taxes50 Questions
Exam 6: Analyzing and Journalizing Payroll Transactions47 Questions
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Under the FLSA, regular rate of pay does not include:
Free
(Multiple Choice)
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Correct Answer:
A
If a business does not meet the enterprise coverage test, none of its workers qualify for individual employee coverage.
Free
(True/False)
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Correct Answer:
False
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 calcu?lated by using an overtime hourly rate of:
Free
(Multiple Choice)
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Correct Answer:
E
Although commissions are considered payments for hours worked, in all cases they are excluded when determining the regular hourly rate.
(True/False)
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No employer can grant compensatory time off to employees in place of overtime pay.
(True/False)
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The FLSA defines a tipped employee as one who regularly receives tips of more than $20 a month.
(True/False)
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The Wage and Hour Division allows the practice of recording an em-ployee's starting and stopping time to:
(Multiple Choice)
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Employers may pay nonexempt employees who work fluctuating schedules a fixed salary. In these cases, the extra pay is:
(Multiple Choice)
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Nondiscretionary bonuses are part of the determination of regular rate of pay.
(True/False)
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Public safety employees of a state can be granted compensatory time off in lieu of overtime compensation.
(True/False)
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Under the continental system of recording time, 9:00
a.m. is recorded as 900 while 9:00 p.m. is recorded as 2100.
(True/False)
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Employers may adopt the practice of recording an employee's starting and stopping time to the nearest quarter of an hour.
(True/False)
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Under the FLSA, severance pay is excluded from the definition of wages.
(True/False)
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Employees who are receiving remedial education may work up to 10 hours overtime each week without receiving overtime pay.
(True/False)
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Under the continental system of recording time, 9:20 p.m. is recorded as:
(Multiple Choice)
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One of the tests to be met for the white-collar exemption for an executive is to be paid a salary of at least $455 per week.
(True/False)
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The FLSA requires that employees be given the day off on all Monday holidays or be paid time and one-half for those Mondays.
(True/False)
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