Question 1

Humberto is a salaried,nonexempt worker who earns $43,950 per year and has a standard 45-hour workweek.What is his hourly rate? (Round to the nearest cent)

Accepted Answer

A)  $21.04 per hour 
B)  $18.78 per hour 
C)  $19.98 per hour 
D)  $20.23 per hour 
A)  $21.04 per hour 
B)  $18.78 per hour 
C)  $19.98 per hour 
D)  $20.23 per hour

Question 2

Nicholas is the driver for a company executive.He is paid $13.50 per hour for his services and overtime only for hours worked in excess of 40 hours per week.His actual driving time varies,depending on the needs of the executive.Which of the following is true about Nicholas's compensation?

Accepted Answer

A)  Nicholas must maintain a log of miles driven to document his activities. 
B)  Nicholas will be compensated only for the hours during which he is driving. 
C)  Nicholas will receive compensation for wait time when it is for the firm's benefit. 
D)  Nicholas will not receive compensation for idle times when is waits for the executive to conduct business. 
A)  Nicholas must maintain a log of miles driven to document his activities. 
B)  Nicholas will be compensated only for the hours during which he is driving. 
C)  Nicholas will receive compensation for wait time when it is for the firm's benefit. 
D)  Nicholas will not receive compensation for idle times when is waits for the executive to conduct business.

Question 3

Naveen is a salaried nonexempt employee who earns annually $39,500 for a 40-hour workweek that is paid semimonthly.He is occasionally on-call for his employer.During the on-call time,Naveen is required to be available for phone calls and must have internet access,but is otherwise able to pursue his own interests.Company policy allows for four hours of regular pay for each day that the employee is on-call.How much should Naveen's gross pay be for a pay period in which he is on-call for three days? (Do not round interim calculations.Round final answer to two decimal places. )

Accepted Answer

A)  $1,873.72 
B)  $1,721.79 
C)  $1,645,83 
D)  $1,747.12 
A)  $1,873.72 
B)  $1,721.79 
C)  $1,645,83 
D)  $1,747.12

Question 4

Betsy is a salaried nonexempt worker who earns $39,500 per year for a 40-hour workweek.During a weekly pay period,she worked the following hours:
  Her employer uses a hundredth-hour method to computer overtime pay.The employer pays overtime for all time worked in excess of 40 hours per week.What is Betsy's gross pay for the week? (Do not round interim calculations.Round final answer to 2 decimal places. )

Accepted Answer

A)  $819.44 
B)  $759.62 
C)  $799.52 
D)  $831.30 
A)  $819.44 
B)  $759.62 
C)  $799.52 
D)  $831.30

Question 5

The difference between the Federal minimum wage and the tipped wage involves:

Accepted Answer

A)  The type of work the employee performs. 
B)  An employee's qualifications for the job. 
C)  The size of the town in which the employers is located. 
D)  Supervisory reviews about the employee's performance. 
A)  The type of work the employee performs. 
B)  An employee's qualifications for the job. 
C)  The size of the town in which the employers is located. 
D)  Supervisory reviews about the employee's performance.

Question 6

Clark is a piece rate worker who earns $8.25 per completed unit.During a 40-hour workweek,Clark completed 57 units.What is Clark's hourly rate?

Accepted Answer

A)  $15.21 per hour 
B)  $11.76 per hour 
C)  $13.98 per hour 
D)  $12.22 per hour 
A)  $15.21 per hour 
B)  $11.76 per hour 
C)  $13.98 per hour 
D)  $12.22 per hour

Question 7

Any employee may request a payroll draw against future earnings.

Accepted Answer

A) True 
 B)False

Question 8

Phillippe is an inside salesperson who earns a base annual salary of $24,000 plus a 5% commission on total sales that he makes during the pay period.During a semimonthly period,he made $27,500 in sales.What is Phillippe's gross pay for the period? (Do not round interim calculations.Round final answer to 2 decimal places. )

Accepted Answer

A)  $2,298.07 
B)  $2,390.38 
C)  $2,375.00 
D)  $2,422.50 
A)  $2,298.07 
B)  $2,390.38 
C)  $2,375.00 
D)  $2,422.50

Question 9

Maya is compensated using a salary-plus-commission basis for her work.Her annual base salary is $32,000.During a semimonthly pay period she made $18,500 in sales,for which she receives a 2% commission.Her gross pay for the semimonthly period is_________________.(Do not round interim calculations.Round final answer to 2 decimal places. )

Accepted Answer

A)  $1,333.33. 
B)  $1,523.55. 
C)  $1,693.54. 
D)  $1,703.33. 
A)  $1,333.33. 
B)  $1,523.55. 
C)  $1,693.54. 
D)  $1,703.33.

Question 10

As of December 2016,the minimum wage for salaried employees is:

Accepted Answer

A)  $893/week. 
B)  $903/week. 
C)  $913/week. 
D)  $923/week. 
A)  $893/week. 
B)  $903/week. 
C)  $913/week. 
D)  $923/week.

Question 11

Brandie is an hourly worker whose employer uses the hundredth-hour method.During a one-week period,she worked the following hours:
  Using the hundredth-hour method,how many hours did she work that week? (Do not round interim calculations.
Round final answer to two decimal places. )

Accepted Answer

A)  40.17 hours 
B)  40.21 hours 
C)  40.27 hours 
D)  40.26 hours 
A)  40.17 hours 
B)  40.21 hours 
C)  40.27 hours 
D)  40.26 hours

Question 12

Compensatory time is only Federally mandated for public salaried exempt employees.

Accepted Answer

A) True 
 B)False

Question 13

A firm is always exempt from FLSA provisions if it has fewer than 5 employees.

Accepted Answer

A) True 
 B)False

Question 14

Federal policy explains clear differences between exempt and nonexempt employees.

Accepted Answer

A) True 
 B)False

Question 15

Aimee is a salaried nonexempt employee who earns an annual salary of $52,500 for a 38-hour workweek,paid biweekly.The employer pays overtime for any hours worked in excess of 38 per week.During a pay period,she worked 86 hours.She has requested that she take compensatory time in lieu of paid overtime.How much compensatory time should she receive,assuming that her firm approves the compensatory time?

Accepted Answer

A)  10 hours 
B)  12.5 hours 
C)  15 hours 
D)  20 hours 
A)  10 hours 
B)  12.5 hours 
C)  15 hours 
D)  20 hours

Question 16

The payroll register is a confidential company document.

Accepted Answer

A) True 
 B)False

Humberto is a salaried,nonexempt worker who earns $43,950 per year and has a standard 45-hour workweek.What is his hourly rate? (Round to the nearest cent)

Nicholas is the driver for a company executive.He is paid $13.50 per hour for his services and overtime only for hours worked in excess of 40 hours per week.His actual driving time varies,depending on the needs of the executive.Which of the following is true about Nicholas's compensation?

The difference between the Federal minimum wage and the tipped wage involves:

Clark is a piece rate worker who earns $8.25 per completed unit.During a 40-hour workweek,Clark completed 57 units.What is Clark's hourly rate?

Any employee may request a payroll draw against future earnings.

As of December 2016,the minimum wage for salaried employees is:

Brandie is an hourly worker whose employer uses the hundredth-hour method.During a one-week period,she worked the following hours: Using the hundredth-hour method,how many hours did she work that week? (Do not round interim calculations. Round final answer to two decimal places. )

Compensatory time is only Federally mandated for public salaried exempt employees.

A firm is always exempt from FLSA provisions if it has fewer than 5 employees.

Federal policy explains clear differences between exempt and nonexempt employees.

The payroll register is a confidential company document.

Payroll Practices and System Fundamentals

Payroll System Procedures

Employee Net Pay and Pay Methods

Employer Payroll Taxes and Labor Planning

Payroll Register, employees Earning Records, and Accounting System Entries

Filters

Exam 3: Gross Pay Computation

Humberto is a salaried,nonexempt worker who earns $43,950 per year and has a standard 45-hour workweek.What is his hourly rate? (Round to the nearest cent)

Nicholas is the driver for a company executive.He is paid $13.50 per hour for his services and overtime only for hours worked in excess of 40 hours per week.His actual driving time varies,depending on the needs of the executive.Which of the following is true about Nicholas's compensation?

The difference between the Federal minimum wage and the tipped wage involves:

Clark is a piece rate worker who earns $8.25 per completed unit.During a 40-hour workweek,Clark completed 57 units.What is Clark's hourly rate?

Any employee may request a payroll draw against future earnings.

As of December 2016,the minimum wage for salaried employees is:

Brandie is an hourly worker whose employer uses the hundredth-hour method.During a one-week period,she worked the following hours: Using the hundredth-hour method,how many hours did she work that week? (Do not round interim calculations. Round final answer to two decimal places. )

Compensatory time is only Federally mandated for public salaried exempt employees.

A firm is always exempt from FLSA provisions if it has fewer than 5 employees.

Federal policy explains clear differences between exempt and nonexempt employees.

The payroll register is a confidential company document.

Payroll Practices and System Fundamentals

Payroll System Procedures

Employee Net Pay and Pay Methods

Employer Payroll Taxes and Labor Planning

Payroll Register, employees Earning Records, and Accounting System Entries

Filters