Question 1

Salaried employees may be classified as nonexempt.

Accepted Answer

A) True 
 B)False

Question 2

Susan travels among client sites as a routine part of her employment.Travel to her first customer site and from the last customer site to her home are not compensated.Under which of the following circumstances will she be compensated for her travel? (You may select more than one answer. )

Accepted Answer

A) Travel from her home to the client site at the beginning of the workday. 
B) Travel between client sites and the firm's office. 
C) Travel to alternate sites for the firm's meetings with multiple clients. 
D) Travel from the client site to a personal dinner engagement at the end of the workday. 
A) Travel from her home to the client site at the beginning of the workday. 
B) Travel between client sites and the firm's office. 
C) Travel to alternate sites for the firm's meetings with multiple clients. 
D) Travel from the client site to a personal dinner engagement at the end of the workday.

Question 3

Cole is a minimum wage employee in Santa Fe,NM,where the minimum wage is $10.91 per hour.His employer claims that since the federal minimum wage is $7.25 per hour,Cole should only receive the federal amount.What is the correct answer in this situation?

Accepted Answer

A) The employer has the discretion to pay either the federal or the state-designated minimum wage. 
B) The employer may choose to pay less than the state-designated minimum wage,based on the employee's qualifications and job description. 
C) The employer is correct that the federal minimum wage overrules the state wage. 
D) The employer must pay the state-designated minimum wage for the area. 
A) The employer has the discretion to pay either the federal or the state-designated minimum wage. 
B) The employer may choose to pay less than the state-designated minimum wage,based on the employee's qualifications and job description. 
C) The employer is correct that the federal minimum wage overrules the state wage. 
D) The employer must pay the state-designated minimum wage for the area.

Question 4

The tipped minimum wage is $2.13 per hour for all states.

Accepted Answer

A) True 
 B)False

Question 5

Joanna,a salaried nonexempt employee,earns a salary of $38,950 for a standard 37.5-hour workweek and is paid weekly.During a weekly period,she worked 6 hours of overtime.Her gross pay for the week would be________.(Do not round intermediate calculations.Round your answer to 2 decimal places. )

Accepted Answer

A) $928.81 
B) $936.52 
C) $868.88 
D) $894.22 
A) $928.81 
B) $936.52 
C) $868.88 
D) $894.22

Question 6

Robin,18 years of age,is an hourly worker in her college's bookstore in Washington state.She works 37 hours during a two-week pay period in her second month of work for the bookstore.The minimum gross pay that she may receive for that two-week period is ________.(Round to the nearest cent. )

Accepted Answer

A) $157.25 
B) $228.01 
C) $268.25 
D) $344.84 
A) $157.25 
B) $228.01 
C) $268.25 
D) $344.84

Question 7

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 8

Bill is an exempt employee whose annual pay is $53,600 for 37.5 hours per week.During a two-week period,company employees were given a two-day holiday.What is Bill's regular pay and holiday pay for the period? (Do not round intermediate calculations.Round your answer to 2 decimal places. )

Accepted Answer

A) $1,649.23;$412.31 
B) $1,785.67;$602.38 
C) $1,630.77;$615.48 
D) $1,529.74;$603.92 
A) $1,649.23;$412.31 
B) $1,785.67;$602.38 
C) $1,630.77;$615.48 
D) $1,529.74;$603.92

Question 9

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

Accepted Answer

A) True 
 B)False

Question 10

During his first month of employment,Micah took a draw of 5% against his minimum sales amount of $15,000 in monthly sales that must be deducted from his pay during the first month that he reaches his minimum sales amount.He receives $18,000 annually in base salary plus a 5% commission on his sales.He receives his base salary on a semimonthly basis and receives his commissions on the final pay date of each month.During his second month of employment,Micah sold $24,000 of equipment.What is Micah's gross pay for the end of the second month of employment?

Accepted Answer

A) $1,950.00 
B) $1,500.00 
C) $1,350.00 
D) $1,200.00 
A) $1,950.00 
B) $1,500.00 
C) $1,350.00 
D) $1,200.00

Question 11

To compute the hourly rate for an employee with a 40-hour standard workweek,you would divide the annual salary by 2,080.

Accepted Answer

A) True 
 B)False

Question 12

The payroll register should be retained indefinitely,unlike most other payroll documentation.

Accepted Answer

A) True 
 B)False

Question 13

Alex is a salesperson who receives an annual salary of $18,000 paid semimonthly plus commissions of 5% of the retail price of each unit he sells which is paid on the final pay date of the month.During his first month of employment,he sold four units for a total of $1,000 and requested a 5% draw against his $15,000 monthly minimum sales,in accordance with his employment agreement.How much should Alex receive in his gross pay for the end of his first month?

Accepted Answer

A) $800.00 
B) $1,250.00 
C) $1,550.00 
D) $1,750.00 
A) $800.00 
B) $1,250.00 
C) $1,550.00 
D) $1,750.00

Question 14

What does it mean to prove the payroll register?

Accepted Answer

A) Gaining approval to disburse payroll amounts. 
B) Verifying the validity of employees' time sheets. 
C) Ensuring that the sum of the column totals equals the sum of the row totals. 
D) Computing the column and row totals. 
A) Gaining approval to disburse payroll amounts. 
B) Verifying the validity of employees' time sheets. 
C) Ensuring that the sum of the column totals equals the sum of the row totals. 
D) Computing the column and row totals.

Question 15

Which of the following automatically exempts an employer from FLSA provisions? (You may select more than one answer. )

Accepted Answer

A) The firm has annual volume of less than $500,000. 
B) The firm is a school for physically handicapped children. 
C) The firm is a governmental agency. 
D) The firm conducts no interstate commerce. 
A) The firm has annual volume of less than $500,000. 
B) The firm is a school for physically handicapped children. 
C) The firm is a governmental agency. 
D) The firm conducts no interstate commerce.

Question 16

Piece-rate pay is used for employees who participate materially in the sale of manufacturing components.

Accepted Answer

A) True 
 B)False

Question 17

Tony is a salaried,nonexempt employee who earns $37,400 for a standard 40-hour workweek.During a biweekly pay period,he worked 3.5 hours overtime.What is his overtime-hourly rate? (Round to the nearest cent. )

Accepted Answer

A) $17.98 per hour 
B) $24.49 per hour 
C) $26.97 per hour 
D) $29.23 per hour 
A) $17.98 per hour 
B) $24.49 per hour 
C) $26.97 per hour 
D) $29.23 per hour

Question 18

Dorothy is a full-time student in a medical assisting program at a vocational education program.She works part-time for a nursing home as a nurse's assistant and worked 17.5 hours during the last weekly pay period.What should Dorothy's gross pay be for that week? (Do not round intermediate calculations.Round your answer to 2 decimal places. )

Accepted Answer

A) $290.00 
B) $170.00 
C) $147.25 
D) $95.16 
A) $290.00 
B) $170.00 
C) $147.25 
D) $95.16

Question 19

A nonexempt,salaried worker who received $46,500 in annual compensation for a 40-hour standard workweek has an hourly rate of ________.(Round to the nearest cent. )

Accepted Answer

A) $23.26 
B) $22.86 
C) $22.64 
D) $22.36 
A) $23.26 
B) $22.86 
C) $22.64 
D) $22.36

Question 20

Computing the sum of rows and columns is known by the term:

Accepted Answer

A) Compute. 
B) Total. 
C) Prove. 
D) Rule. 
A) Compute. 
B) Total. 
C) Prove. 
D) Rule.

Salaried employees may be classified as nonexempt.

Susan travels among client sites as a routine part of her employment.Travel to her first customer site and from the last customer site to her home are not compensated.Under which of the following circumstances will she be compensated for her travel? (You may select more than one answer. )

Cole is a minimum wage employee in Santa Fe,NM,where the minimum wage is $10.91 per hour.His employer claims that since the federal minimum wage is $7.25 per hour,Cole should only receive the federal amount.What is the correct answer in this situation?

The tipped minimum wage is $2.13 per hour for all states.

Joanna,a salaried nonexempt employee,earns a salary of $38,950 for a standard 37.5-hour workweek and is paid weekly.During a weekly period,she worked 6 hours of overtime.Her gross pay for the week would be________.(Do not round intermediate calculations.Round your answer to 2 decimal places. )

Robin,18 years of age,is an hourly worker in her college's bookstore in Washington state.She works 37 hours during a two-week pay period in her second month of work for the bookstore.The minimum gross pay that she may receive for that two-week period is ________.(Round to the nearest cent. )

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

Bill is an exempt employee whose annual pay is $53,600 for 37.5 hours per week.During a two-week period,company employees were given a two-day holiday.What is Bill's regular pay and holiday pay for the period? (Do not round intermediate calculations.Round your answer to 2 decimal places. )

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

To compute the hourly rate for an employee with a 40-hour standard workweek,you would divide the annual salary by 2,080.

The payroll register should be retained indefinitely,unlike most other payroll documentation.

What does it mean to prove the payroll register?

Which of the following automatically exempts an employer from FLSA provisions? (You may select more than one answer. )

Piece-rate pay is used for employees who participate materially in the sale of manufacturing components.

Tony is a salaried,nonexempt employee who earns $37,400 for a standard 40-hour workweek.During a biweekly pay period,he worked 3.5 hours overtime.What is his overtime-hourly rate? (Round to the nearest cent. )

A nonexempt,salaried worker who received $46,500 in annual compensation for a 40-hour standard workweek has an hourly rate of ________.(Round to the nearest cent. )

Computing the sum of rows and columns is known by the term:

Payroll Practices and System Fundamentals

Payroll System Procedures

Fringe Benefits and Voluntary Deductions

Employee Net Pay and Pay Methods

Employer Payroll Taxes and Labor Planning

The Payroll Register, employees Earnings Records, and Accounting System Entries

Filters

Exam 3: Gross Pay Computation

Salaried employees may be classified as nonexempt.

Susan travels among client sites as a routine part of her employment.Travel to her first customer site and from the last customer site to her home are not compensated.Under which of the following circumstances will she be compensated for her travel? (You may select more than one answer. )

Cole is a minimum wage employee in Santa Fe,NM,where the minimum wage is $10.91 per hour.His employer claims that since the federal minimum wage is $7.25 per hour,Cole should only receive the federal amount.What is the correct answer in this situation?

The tipped minimum wage is $2.13 per hour for all states.

Joanna,a salaried nonexempt employee,earns a salary of $38,950 for a standard 37.5-hour workweek and is paid weekly.During a weekly period,she worked 6 hours of overtime.Her gross pay for the week would be________.(Do not round intermediate calculations.Round your answer to 2 decimal places. )

Robin,18 years of age,is an hourly worker in her college's bookstore in Washington state.She works 37 hours during a two-week pay period in her second month of work for the bookstore.The minimum gross pay that she may receive for that two-week period is ________.(Round to the nearest cent. )

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

Bill is an exempt employee whose annual pay is $53,600 for 37.5 hours per week.During a two-week period,company employees were given a two-day holiday.What is Bill's regular pay and holiday pay for the period? (Do not round intermediate calculations.Round your answer to 2 decimal places. )

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

To compute the hourly rate for an employee with a 40-hour standard workweek,you would divide the annual salary by 2,080.

The payroll register should be retained indefinitely,unlike most other payroll documentation.

What does it mean to prove the payroll register?

Which of the following automatically exempts an employer from FLSA provisions? (You may select more than one answer. )

Piece-rate pay is used for employees who participate materially in the sale of manufacturing components.

Tony is a salaried,nonexempt employee who earns $37,400 for a standard 40-hour workweek.During a biweekly pay period,he worked 3.5 hours overtime.What is his overtime-hourly rate? (Round to the nearest cent. )

A nonexempt,salaried worker who received $46,500 in annual compensation for a 40-hour standard workweek has an hourly rate of ________.(Round to the nearest cent. )

Computing the sum of rows and columns is known by the term:

Payroll Practices and System Fundamentals

Payroll System Procedures

Fringe Benefits and Voluntary Deductions

Employee Net Pay and Pay Methods

Employer Payroll Taxes and Labor Planning

The Payroll Register, employees Earnings Records, and Accounting System Entries

Filters