TEST BANK
Payroll Accounting 2018 28th Edition
by Bernard J. Bieg, Judith A. Toland
LU
XE
LI
BR
AR
Y
, Table of Content
Chapter 1. The Need for Payroll and Personnel Records
Chapter 2. Computing Wages and Salaries
Chapter 3. Social Security Taxes
2018 Federal Payroll Taxes Calendar
Chapter 4. Income Tax Withholding
Chapter 5. Unemployment Compensation Taxes
LU
Chapter 6. Analyzing and Journalizing Payroll
Chapter 7. Payroll Project
XE
LI
BR
AR
Y
,Chapter 1
True / False
1. The Fair Labor Standards Act is commonly known as the Federal Wage and Hour Law.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
LU
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: PAYR.BIEG.14.1 - LO: 1
ACCREDITING STANDARDS: AICPA: v1-11 - FN-Reporting
Blooms Taxonomy-5 - Remembering
XE
Business Program-3 - Analytic
DATE CREATED: 6/6/2017 10:33 AM
DATE MODIFIED: 6/6/2017 10:33 AM
2. The FLSA imposes no recordkeeping requirements on employers.
a. True
LI
b. False
ANSWER: False
POINTS: 1
BR
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: PAYR.BIEG.14.2 - LO: 1
ACCREDITING STANDARDS: AICPA: v1-11 - FN-Reporting
Blooms Taxonomy-5 - Remembering
AR
Business Program-3 - Analytic
DATE CREATED: 6/6/2017 10:33 AM
DATE MODIFIED: 6/6/2017 10:33 AM
Y
Copyright Cengage Learning. Powered by Cognero. Page 1
, Chapter 1
3. The employer is required by the FLSA to display a poster that informs employees of the provisions of the law.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
LU
HAS VARIABLES: False
LEARNING OBJECTIVES: PAYR.BIEG.14.3 - LO: 1
ACCREDITING STANDARDS: AICPA: v1-11 - FN-Reporting
Blooms Taxonomy-5 - Remembering
Business Program-3 - Analytic
DATE CREATED: 6/6/2017 10:33 AM
XE
DATE MODIFIED: 6/6/2017 10:33 AM
4. All states have set their minimum wage to be the same as the federal government.
a. True
b. False
LI
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
BR
HAS VARIABLES: False
LEARNING OBJECTIVES: PAYR.BIEG.14.4 - LO: 1
ACCREDITING STANDARDS: AICPA: v1-11 - FN-Reporting
Blooms Taxonomy-5 - Remembering
Business Program-3 - Analytic
DATE CREATED: 6/6/2017 10:33 AM
AR
DATE MODIFIED: 6/6/2017 10:33 AM
Y
Copyright Cengage Learning. Powered by Cognero. Page 2
Payroll Accounting 2018 28th Edition
by Bernard J. Bieg, Judith A. Toland
LU
XE
LI
BR
AR
Y
, Table of Content
Chapter 1. The Need for Payroll and Personnel Records
Chapter 2. Computing Wages and Salaries
Chapter 3. Social Security Taxes
2018 Federal Payroll Taxes Calendar
Chapter 4. Income Tax Withholding
Chapter 5. Unemployment Compensation Taxes
LU
Chapter 6. Analyzing and Journalizing Payroll
Chapter 7. Payroll Project
XE
LI
BR
AR
Y
,Chapter 1
True / False
1. The Fair Labor Standards Act is commonly known as the Federal Wage and Hour Law.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
LU
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: PAYR.BIEG.14.1 - LO: 1
ACCREDITING STANDARDS: AICPA: v1-11 - FN-Reporting
Blooms Taxonomy-5 - Remembering
XE
Business Program-3 - Analytic
DATE CREATED: 6/6/2017 10:33 AM
DATE MODIFIED: 6/6/2017 10:33 AM
2. The FLSA imposes no recordkeeping requirements on employers.
a. True
LI
b. False
ANSWER: False
POINTS: 1
BR
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: PAYR.BIEG.14.2 - LO: 1
ACCREDITING STANDARDS: AICPA: v1-11 - FN-Reporting
Blooms Taxonomy-5 - Remembering
AR
Business Program-3 - Analytic
DATE CREATED: 6/6/2017 10:33 AM
DATE MODIFIED: 6/6/2017 10:33 AM
Y
Copyright Cengage Learning. Powered by Cognero. Page 1
, Chapter 1
3. The employer is required by the FLSA to display a poster that informs employees of the provisions of the law.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
LU
HAS VARIABLES: False
LEARNING OBJECTIVES: PAYR.BIEG.14.3 - LO: 1
ACCREDITING STANDARDS: AICPA: v1-11 - FN-Reporting
Blooms Taxonomy-5 - Remembering
Business Program-3 - Analytic
DATE CREATED: 6/6/2017 10:33 AM
XE
DATE MODIFIED: 6/6/2017 10:33 AM
4. All states have set their minimum wage to be the same as the federal government.
a. True
b. False
LI
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
BR
HAS VARIABLES: False
LEARNING OBJECTIVES: PAYR.BIEG.14.4 - LO: 1
ACCREDITING STANDARDS: AICPA: v1-11 - FN-Reporting
Blooms Taxonomy-5 - Remembering
Business Program-3 - Analytic
DATE CREATED: 6/6/2017 10:33 AM
AR
DATE MODIFIED: 6/6/2017 10:33 AM
Y
Copyright Cengage Learning. Powered by Cognero. Page 2
