Question 1

Provided employees can use the on-call time for their own purposes, this time is not compensable.

Accepted Answer

A) True 
 B)False

Question 2

Wage differentials between sexes would be allowed if the different wage rates were based on a seniority system.

Accepted Answer

A) True 
 B)False

Question 3

All major cities have enacted ordinances establishing a so-called "living wage" at $10.25 per hour.

Accepted Answer

A) True 
 B)False

Question 4

Instruction 2-1 Unless instructed otherwise, compute hourly rate and overtime rates as follows:   
1. Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate). 
2. If the third decimal place is 5 or more, round to the next higher cent. 
3. If the third decimal place is less than 5, drop the third decimal place. 
Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow. 
Refer to Instruction 2-1 . Casey Klemons' agreement (BELO plan) with his employer provides for a pay rate of $16.50 per hour with a maximum of 50 hour. How much would Klemons be paid for a week in which he worked 46 hours?

Accepted Answer

The answer of Instruction 2-1 Unless instructed otherwise, compute hourly...

Question 5

Institutions of higher education are extended coverage under FLSA without regard to their annual sales volume.

Accepted Answer

A) True 
 B)False

Question 6

Violators of the minimum wage provision of the FLSA must reimburse the offended employees at the rate of $15.00 per hour for the hours paid at the hourly rate below the minimum.

Accepted Answer

A) True 
 B)False

Question 7

Under the FLSA, overtime pay is required for:

Accepted Answer

A)  any hours worked in excess of 8 in one day. 
B)  all work on Sunday. 
C)  all hours worked in excess of 40 in a workweek. 
D)  all hours worked on Christmas. 
E)  all of the above. 
A)  any hours worked in excess of 8 in one day. 
B)  all work on Sunday. 
C)  all hours worked in excess of 40 in a workweek. 
D)  all hours worked on Christmas. 
E)  all of the above.

Question 8

Domestics are excluded from coverage under the FLSA individual employee coverage.

Accepted Answer

A) True 
 B)False

Question 9

Instruction 2-1 Unless instructed otherwise, compute hourly rate and overtime rates as follows:   
1. Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate). 
2. If the third decimal place is 5 or more, round to the next higher cent. 
3. If the third decimal place is less than 5, drop the third decimal place. 
Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow. 
Refer to Instruction 2-1 Abel works a 37 1/2 hour week at $10.75 an hour. Overtime hours are paid at 1 1/2 times the regular rate. 
(a) Abel's regular weekly earnings are  ____________. 
(b) Abel's overtime rate is  _____________. 
(c) If Abel works 6 hours overtime during one week,  calculate Abel's total gross earnings  ____________.

Accepted Answer

a.  (37 1/2 x $10.75) = $403.1

Question 10

If a business does not meet the enterprise coverage test, none of its workers qualify for individual employee coverage.

Accepted Answer

A) True 
 B)False

Question 11

In converting semimonthly wage rates to hourly rates, divide the semimonthly rate by 4 to arrive at the weekly rate, then divide this rate by the standard number of hours.

Accepted Answer

A) True 
 B)False

Question 12

Instruction 2-1 Unless instructed otherwise, compute hourly rate and overtime rates as follows:   
1. Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate). 
2. If the third decimal place is 5 or more, round to the next higher cent. 
3. If the third decimal place is less than 5, drop the third decimal place. 
Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow. 
Refer to Instruction 2-1 . Every two weeks, Linda Corson is paid $650. Corson works a 32-hour week. For overtime, she receives extra pay at the regular hourly rate up to 40 hours. For any hours beyond 40 during the workweek, she receives time and one-half. During one biweekly pay period, she worked 17 hours overtime. Only 3 hours of the overtime were beyond 40 hours in any one week. Corson's gross earnings for the biweekly pay period are __________.

Accepted Answer

The answer of Instruction 2-1 Unless instructed otherwise, compute hourly...

Question 13

Instruction 2-2 
Carry each hourly rate and each overtime rate to 3 decimal places and then round off to 2 decimal places .  
Refer to Instruction 2-2. Ronald Dowd receives an annual base salary of $87,500 as a salesman in the Southern region, which has an annual sales quota of $450,000. For all sales over this quota, Dowd receives a commission of 4.5 percent. For the current year, sales in the Southern region total $698,000. The amount of salary and commissions due to Dowd is _____.

Accepted Answer

The answer of Instruction 2-2 
Carry each hourly rate and...

Question 14

The tips received by a tipped employee are less than $5.12 of the minimum hourly tip credit rate. The maximum permissible tip credit is:

Accepted Answer

A)  $30 a month. 
B)  $5.12 an hour. 
C)  45% of the employee's minimum wage. 
D)  50% of the employee's minimum wage. 
E)  the amount of tips actually received by the employee. 
A)  $30 a month. 
B)  $5.12 an hour. 
C)  45% of the employee's minimum wage. 
D)  50% of the employee's minimum wage. 
E)  the amount of tips actually received by the employee.

Question 15

Under the continental system of recording time, 9:20 p.m. is recorded as:

Accepted Answer

A)  P2120. 
B)  9:20P. 
C)  2120. 
D)  2220. 
E)  none of the above. 
A)  P2120. 
B)  9:20P. 
C)  2120. 
D)  2220. 
E)  none of the above.

Question 16

Under the piece-rate system, workers are paid according to their output.

Accepted Answer

A) True 
 B)False

Question 17

Instruction 2-1 Unless instructed otherwise, compute hourly rate and overtime rates as follows:   
1. Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate). 
2. If the third decimal place is 5 or more, round to the next higher cent. 
3. If the third decimal place is less than 5, drop the third decimal place. 
Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow. 
Refer to Instruction 2-1 . Kenneth Anderson works two separate jobs for Mesa Company. During the week, 
Job A consisted of 38 hours at $20 per hour; Job B involved 15 hours at $14 per hour. If Mesa uses the average rate 
basis for calculating overtime, Anderson's pay for that week is __________.

Accepted Answer

The answer of Instruction 2-1 Unless instructed otherwise, compute hourly...

Question 18

Bona fide meal periods when the employee is completely relieved from duty are not considered working time.

Accepted Answer

A) True 
 B)False

Question 19

Instruction 2-1 Unless instructed otherwise, compute hourly rate and overtime rates as follows:   
1. Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate). 
2. If the third decimal place is 5 or more, round to the next higher cent. 
3. If the third decimal place is less than 5, drop the third decimal place. 
Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow. 
Refer to Instruction 2-1 . Bakker is paid an hourly rate of $10.65. For 130 minutes spent on a certain job, Bakker is paid __________.

Accepted Answer

The answer of Instruction 2-1 Unless instructed otherwise, compute hourly...

Question 20

Employees paid biweekly receive their remuneration every two weeks.

Accepted Answer

A) True 
 B)False

Provided employees can use the on-call time for their own purposes, this time is not compensable.

Wage differentials between sexes would be allowed if the different wage rates were based on a seniority system.

All major cities have enacted ordinances establishing a so-called "living wage" at $10.25 per hour.

Institutions of higher education are extended coverage under FLSA without regard to their annual sales volume.

Violators of the minimum wage provision of the FLSA must reimburse the offended employees at the rate of $15.00 per hour for the hours paid at the hourly rate below the minimum.

Under the FLSA, overtime pay is required for:

Domestics are excluded from coverage under the FLSA individual employee coverage.

If a business does not meet the enterprise coverage test, none of its workers qualify for individual employee coverage.

In converting semimonthly wage rates to hourly rates, divide the semimonthly rate by 4 to arrive at the weekly rate, then divide this rate by the standard number of hours.

The tips received by a tipped employee are less than $5.12 of the minimum hourly tip credit rate. The maximum permissible tip credit is:

Under the continental system of recording time, 9:20 p.m. is recorded as:

Under the piece-rate system, workers are paid according to their output.

Bona fide meal periods when the employee is completely relieved from duty are not considered working time.

Employees paid biweekly receive their remuneration every two weeks.

The Need for Payroll and Personnel Records

Social Security Taxes

Income Tax Withholding

Unemployment Compensation Taxes

Analyzing and Journalizing Payroll

Filters

Exam 2: Computing Wages and Salaries

Provided employees can use the on-call time for their own purposes, this time is not compensable.

Wage differentials between sexes would be allowed if the different wage rates were based on a seniority system.

All major cities have enacted ordinances establishing a so-called "living wage" at $10.25 per hour.

Institutions of higher education are extended coverage under FLSA without regard to their annual sales volume.

Violators of the minimum wage provision of the FLSA must reimburse the offended employees at the rate of $15.00 per hour for the hours paid at the hourly rate below the minimum.

Under the FLSA, overtime pay is required for:

Domestics are excluded from coverage under the FLSA individual employee coverage.

If a business does not meet the enterprise coverage test, none of its workers qualify for individual employee coverage.

In converting semimonthly wage rates to hourly rates, divide the semimonthly rate by 4 to arrive at the weekly rate, then divide this rate by the standard number of hours.

The tips received by a tipped employee are less than $5.12 of the minimum hourly tip credit rate. The maximum permissible tip credit is:

Under the continental system of recording time, 9:20 p.m. is recorded as:

Under the piece-rate system, workers are paid according to their output.

Bona fide meal periods when the employee is completely relieved from duty are not considered working time.

Employees paid biweekly receive their remuneration every two weeks.

The Need for Payroll and Personnel Records

Social Security Taxes

Income Tax Withholding

Unemployment Compensation Taxes

Analyzing and Journalizing Payroll

Filters