Question 1

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 2

​Which of the following is a part of the social security program?

Accepted Answer

A)  ​Federal unemployment taxes (FUT
A)  
B)  ​State income tax withholding 
C)  ​Medicare 
D)  ​Federal income tax withholding 
E)  ​All are part of the social security program

Question 3

Only six states do not impose a state unemployment tax on employers in their state.

Accepted Answer

A) True 
 B)False

Question 4

​Which of the following is included in a job description?

Accepted Answer

A)  ​Secondary duties 
B)  ​Education requirements and special skills needed 
C)  ​Attendance requirements 
D)  ​Job's essential functions,including any physical requirements 
E)  ​All of the above

Question 5

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 6

Under the Federal Personal Responsibility and Work Opportunity Reconciliation Act,every employer is required to report the name,address,and social security number of each new employee to the appropriate state agency.

Accepted Answer

A) True 
 B)False

Question 7

In order for the Walsh-Healey Public Contracts Act to protect laborers for contractors who furnish materials to any agency of the United States,the contract amount must be at least $10,000.

Accepted Answer

A) True 
 B)False

Question 8

The tax paid to the federal government for unemployment taxes is used for paying state and federal administrative expenses of the unemployment program.

Accepted Answer

A) True 
 B)False

Question 9

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)  Davis-Bacon Act

Question 10

The FLSA provides health insurance for the aged and disabled (Medicare).

Accepted Answer

A) True 
 B)False

Exam 1: The Need for Payroll and Personal Records

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

​Which of the following is a part of the social security program?

Only six states do not impose a state unemployment tax on employers in their state.

​Which of the following is included in a job description?

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

Under the Federal Personal Responsibility and Work Opportunity Reconciliation Act,every employer is required to report the name,address,and social security number of each new employee to the appropriate state agency.

In order for the Walsh-Healey Public Contracts Act to protect laborers for contractors who furnish materials to any agency of the United States,the contract amount must be at least $10,000.

The tax paid to the federal government for unemployment taxes is used for paying state and federal administrative expenses of the unemployment program.

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

The FLSA provides health insurance for the aged and disabled (Medicare).

Which of the following is a part of the social security program?

Which of the following is included in a job description?