Question 1

Workers' compensation insurance premiums for employers vary according to the different degrees of danger in various classes of jobs and employers' accident experience rate.

Accepted Answer

A) True 
 B)False

Question 2

By the use of executive orders, the federal government has banned discrimination in employment on government contracts.

Accepted Answer

A) True 
 B)False

Question 3

ERISA provides for full vesting of the employer's contribution to an employee's pension fund in three years or gradually over:

Accepted Answer

A) ten years. 
B) five years. 
C) six years. 
D) seven years. 
E) No gradual vesting is allowed.

Question 4

Employment application forms are usually discarded when the applicant is hired.

Accepted Answer

A) True 
 B)False

Question 5

Under the Federal Insurance Contributions Act, the Medicare portion of the tax is only paid by the employer.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following acts deals with the minimum wage paid to laborers for contractors on federal government construction contracts?

Accepted Answer

A) Walsh-Healey Public Contracts Act 
B) Fair Labor Standards Act 
C) McNamara-O'Hara Service Contract Act 
D) Occupational Safety and Health Act 
E) None of the above

Question 7

Questions pertaining to religion, gender, national origin, or age are
allowed on application forms when these are bona fide occupational qualifications for a job.

Accepted Answer

A) True 
 B)False

Question 8

There are no states that allow employees to access their personnel files.

Accepted Answer

A) True 
 B)False

Question 9

Form I-9, which is completed by each employee, deals with:

Accepted Answer

A) contributions to individual retirement accounts. 
B) verification of employment eligibility. 
C) eligibility for unemployment benefits. 
D) eligibility for Medicare benefits. 
E) none of the above.

Question 10

The amounts needed for the payroll entries in the journal come from the employee's earnings record.

Accepted Answer

A) True 
 B)False

Exam 1: The Need for Payroll and Personal Records

Workers' compensation insurance premiums for employers vary according to the different degrees of danger in various classes of jobs and employers' accident experience rate.

By the use of executive orders, the federal government has banned discrimination in employment on government contracts.

ERISA provides for full vesting of the employer's contribution to an employee's pension fund in three years or gradually over:

Employment application forms are usually discarded when the applicant is hired.

Under the Federal Insurance Contributions Act, the Medicare portion of the tax is only paid by the employer.

Which of the following acts deals with the minimum wage paid to laborers for contractors on federal government construction contracts?

Questions pertaining to religion, gender, national origin, or age are allowed on application forms when these are bona fide occupational qualifications for a job.

There are no states that allow employees to access their personnel files.

Form I-9, which is completed by each employee, deals with:

The amounts needed for the payroll entries in the journal come from the employee's earnings record.