Office Management Quiz
#1 | Chapters 1–4 Study
Guide, Practice Questions
& Exam Review
|Guaranteed success|
, Terms in this set (105)
401k Retirement fund where employers MAY contribute but do not have to.
Employee decides how much will go to it with each check
1099-Misc Used with independent contractors. Filed yearly with taxes, entails all income
from practice
Benefits Given mostly to full/part-time employees. Should be defined clearly to
gain/retain members.
COBRA Consolidated Omnibus Budget Reconciliation Act
Insurance offered through practice, required continued coverage for a period
of time after termination.
Direct Depost An automatic deposit into the employees account
Employee Manual Provides a guide for team members and used as a quick resource for personnel
issues. Holds everyone accountable. NOT A CONTRACT
Employee Polygraph Protection Act Prohibits employers to use lie detector tests for pre/current employees.
Exemption noted with controlled substance issues.
Equal Employment Opportunity EEO
Prohibits discrimination based on race, age, sex, religion, or national origin.
Also requires accomadations for those with disabilities.
Exempt Team Member Paid Salary, usually involved in administrative/professional duties. Practice
Manager's/Veternarians
ERISA Employee Retirement Income Security Act
Part of government that regulates retirement funds
Fair Credit Reporting Act Regulates prescreening reports given to employers by credit report agencies
FLSA Fair Labor and Standards Act
Established minimum wages, overtime, oversees minors in the workplace and
guidelines for exempt/non-exempt employees
#1 | Chapters 1–4 Study
Guide, Practice Questions
& Exam Review
|Guaranteed success|
, Terms in this set (105)
401k Retirement fund where employers MAY contribute but do not have to.
Employee decides how much will go to it with each check
1099-Misc Used with independent contractors. Filed yearly with taxes, entails all income
from practice
Benefits Given mostly to full/part-time employees. Should be defined clearly to
gain/retain members.
COBRA Consolidated Omnibus Budget Reconciliation Act
Insurance offered through practice, required continued coverage for a period
of time after termination.
Direct Depost An automatic deposit into the employees account
Employee Manual Provides a guide for team members and used as a quick resource for personnel
issues. Holds everyone accountable. NOT A CONTRACT
Employee Polygraph Protection Act Prohibits employers to use lie detector tests for pre/current employees.
Exemption noted with controlled substance issues.
Equal Employment Opportunity EEO
Prohibits discrimination based on race, age, sex, religion, or national origin.
Also requires accomadations for those with disabilities.
Exempt Team Member Paid Salary, usually involved in administrative/professional duties. Practice
Manager's/Veternarians
ERISA Employee Retirement Income Security Act
Part of government that regulates retirement funds
Fair Credit Reporting Act Regulates prescreening reports given to employers by credit report agencies
FLSA Fair Labor and Standards Act
Established minimum wages, overtime, oversees minors in the workplace and
guidelines for exempt/non-exempt employees
