Payroll Final Exam -Questions with Correct Answers/ Latest Version (2024/2025) / 100% Pass Only six states do not impose a state unemployment tax on employers in their state. - ✔✔False Under the Family and Medical Leave Act, employers can exempt an employee who has not worked for the employer for at least one year and has worked for the company for at least 1,250 hours in the last year. - ✔✔True Which of the following is not part of the social security program? - ✔✔Federal Income Tax Law An exception to the protection that the Age Discrimination in Employment Act provides for all workers over 40 involves executives who are 65 or older and who have held high policy -
making positions durin g the two -year period prior to retirement. - ✔✔true The employer is required by the FLSA to display a poster that informs employees of the provisions of the law. - ✔✔True Pre-hire questions pertaining to religion, gender, national origin, or age are allowed if: - ✔✔these factors are bona fide occupational qualifications for the job. Form I -9 must be completed by each new hire. - ✔✔True Title VII of the Civil Rights Act pr otects all employees from arbitrary dismissal - ✔✔False The amounts needed for the payroll entries in the journal come from the employee's earnings record. - ✔✔False Under the Federal Insurance Contributions Act, the Medicare portion of the tax is only p aid by the employer. - ✔✔False The Age Discrimination in Employment Act provides protection to virtually all workers over the age of: - ✔✔No age Limit Under the Civil Rights Act of 1964, the U.S. government is classified as an exempt employer. - ✔✔True The FLSA provides health insurance for the aged and disabled (Medicare). - ✔✔False All states have set their minimum wage to be the same as the federal government. - ✔✔False Under the Federal Personal Responsibility and Work Opportunity Reconciliation Ac t, every employer is required to report the name, address, and social security number of each new employee to the appropriate state agency. - ✔✔True Under ERISA, vesting conveys to employees the right to share in a retirement fund in the event they are te rminated before the normal retirement age - ✔✔True The total cost of workers' compensation insurance is borne by the employees. - ✔✔False One of the provisions of coverage of the Civil Rights Act is that the employer must have 15 or more workers. - ✔✔True The tax paid to the federal government for unemployment taxes is used for paying state and federal administrative expenses of the unemployment program. - ✔✔True Under ERISA, if there is a pension plan, every employee is eligible after reaching age 21 or completing one year of service, whichever is later. - ✔✔True
making positions durin g the two -year period prior to retirement. - ✔✔true The employer is required by the FLSA to display a poster that informs employees of the provisions of the law. - ✔✔True Pre-hire questions pertaining to religion, gender, national origin, or age are allowed if: - ✔✔these factors are bona fide occupational qualifications for the job. Form I -9 must be completed by each new hire. - ✔✔True Title VII of the Civil Rights Act pr otects all employees from arbitrary dismissal - ✔✔False The amounts needed for the payroll entries in the journal come from the employee's earnings record. - ✔✔False Under the Federal Insurance Contributions Act, the Medicare portion of the tax is only p aid by the employer. - ✔✔False The Age Discrimination in Employment Act provides protection to virtually all workers over the age of: - ✔✔No age Limit Under the Civil Rights Act of 1964, the U.S. government is classified as an exempt employer. - ✔✔True The FLSA provides health insurance for the aged and disabled (Medicare). - ✔✔False All states have set their minimum wage to be the same as the federal government. - ✔✔False Under the Federal Personal Responsibility and Work Opportunity Reconciliation Ac t, every employer is required to report the name, address, and social security number of each new employee to the appropriate state agency. - ✔✔True Under ERISA, vesting conveys to employees the right to share in a retirement fund in the event they are te rminated before the normal retirement age - ✔✔True The total cost of workers' compensation insurance is borne by the employees. - ✔✔False One of the provisions of coverage of the Civil Rights Act is that the employer must have 15 or more workers. - ✔✔True The tax paid to the federal government for unemployment taxes is used for paying state and federal administrative expenses of the unemployment program. - ✔✔True Under ERISA, if there is a pension plan, every employee is eligible after reaching age 21 or completing one year of service, whichever is later. - ✔✔True
