FPC Payroll Fundamentals questions and answers latest top score.
FPC Payroll Fundamentals questions and answers latest top score. Worker that has Fed, OASDI, Medicare, State withheld - correct answers.Employee Worker that requires the employer to pay ER taxes - correct answers.Employee Worker that receives W2 form - correct answers.Employee Worker that does not have taxes withheld - correct answers.Independent Contractor Worker that has TIN - correct answers.Independent Contractor Worker that receives 1099 Form - correct answers.Independent Contractor Asks how independent is the employee and how much control can be exervised over the worker. - correct answers.Common Law Test A worker cannot sign a new contract stating that they will be an indepndent contractor. - correct answers.Common Law Test Employer has treated similar workers as independent contractors for any period and has filed tax returns - correct answers.Reasonable Basis Test Longstanding industry standard of treating similar workers as independent contractors - correct answers.Reasonable Basis Test Court decisions for treating workers in similar circumstances as independent contractors - correct answers.Reasonable Basis Test IRS has ruled in a "published ruling" that the workers are indpendent contractors - correct answers.Reasonable Basis Test Temporary Service Provider or Leasing Company - correct answers.Pays employees and taxes instead of company the employee is performing services for Immigration reform and Control Act of 1986 (IRCA) - correct answers.Requires employer to verify employees' eligibility for employment in the US. Penalties for Violating IRCA - correct answers.$375 for the first offence and $16,000 for the third Antidiscrimination under IRCA - correct answers.The law prohibits discrimination in hiring or recruiting workers on the basis of national origin or citizenship Verification of eligitability - correct answers.The burden of verifying that any employee is eligible to work in this country falls on the employer. All employees hired after November 6, 1989 must be verified. When must Section 1 of Form I-9 be completed? - correct answers.The employee's date of hire. When must Section 2 of Form 1-9 be completed? - correct answers.Within three days of hiring the employee. Form SS-5 - correct answers.Application for a social security card Form I-9 - correct answers.Employment Eligitability Verification Employee SSN verification is... - correct mended but not required. What information must an employer report for new hires? - correct answers.Name, Date of Hire, Address, SS, Employer's Name, Address, and EIN Fair Labor Standards Act of 1938 (FLSA) - correct answers.Guarantees employees a minimum wage, requires employers to pay an overtime premium, limits when minors can work, and provides equal pay protection. Who is protected by FLSA? - correct answers.Nonexempt employees
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fpc payroll fundamentals questions
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