FPC Exam Review Questions and
Answers
Under the FLSA, which pay hours can be counted towards determining the regular rate of pay: Vacation,
Holiday, Sick, or None of the above. - Answer-None of the above
Does the FLSA require overtime be paid weekly? - Answer-No
What agreement must be made between the hospital/nursing home personnel and employee to use the
14-day work period instead of the 7-day work week for computing overtime before the work is
performed? - Answer-8/80 rule
A work week as defined by the FLSA is a fixed, recurring period of how many consecutive hours? -
Answer-168
Are employees who are covered by the FLSA minimum wage and overtime requirements exempt? -
Answer-No
If an employee reports new hires magnetically or electronically, how many times must the data be sent
in a calendar month? - Answer-At least two transmissions, 12-16 days apart
Employers can verify a newly hired employee's eligibility to work in the the US using what system? -
Answer-E-Verify
, Waiting time that is compensable if the employee is on the employer's premises, does not have ample
time to conduct personal business and is waiting for a short period until s/he can commence work is
called what? - Answer-Engaged to be waiting
What are the tests to determine if employees are covered by FLSA? - Answer-Enterprise (2 or more
employees engaged in interstate commerce > $500K and always hospitals, gov't, schools, nursing care)
and Individual (engaged in interstate commerce, even if employer is not covered)
When a paycheck is voided in a subsequent quarter, what issues need to be addressed? - Answer-
Corrections may be needed to 941s, state tax and unemployment reports, possibly a W-2C
Payroll compliance is... - Answer-Processing federal, state and local withholding, depositing and
reporting requirements on a timely basis and paying employees as required by FLSA and state wage and
hour rules
What is a Zero Balance Account? - Answer-When all payroll checks have cleared the account, the
account balance should be zero.
Once data is entered in the system, it will calculate, update records and return results to the the user so
it is available immediately. This is called what? - Answer-Online real-time processing
Payroll bank accounts should be reconciled how often? - Answer-Monthly
Is prenotification mandatory? - Answer-No
An open check number may signify what? - Answer-A manual check has not been recorded or an
employee has not cashed the check
Answers
Under the FLSA, which pay hours can be counted towards determining the regular rate of pay: Vacation,
Holiday, Sick, or None of the above. - Answer-None of the above
Does the FLSA require overtime be paid weekly? - Answer-No
What agreement must be made between the hospital/nursing home personnel and employee to use the
14-day work period instead of the 7-day work week for computing overtime before the work is
performed? - Answer-8/80 rule
A work week as defined by the FLSA is a fixed, recurring period of how many consecutive hours? -
Answer-168
Are employees who are covered by the FLSA minimum wage and overtime requirements exempt? -
Answer-No
If an employee reports new hires magnetically or electronically, how many times must the data be sent
in a calendar month? - Answer-At least two transmissions, 12-16 days apart
Employers can verify a newly hired employee's eligibility to work in the the US using what system? -
Answer-E-Verify
, Waiting time that is compensable if the employee is on the employer's premises, does not have ample
time to conduct personal business and is waiting for a short period until s/he can commence work is
called what? - Answer-Engaged to be waiting
What are the tests to determine if employees are covered by FLSA? - Answer-Enterprise (2 or more
employees engaged in interstate commerce > $500K and always hospitals, gov't, schools, nursing care)
and Individual (engaged in interstate commerce, even if employer is not covered)
When a paycheck is voided in a subsequent quarter, what issues need to be addressed? - Answer-
Corrections may be needed to 941s, state tax and unemployment reports, possibly a W-2C
Payroll compliance is... - Answer-Processing federal, state and local withholding, depositing and
reporting requirements on a timely basis and paying employees as required by FLSA and state wage and
hour rules
What is a Zero Balance Account? - Answer-When all payroll checks have cleared the account, the
account balance should be zero.
Once data is entered in the system, it will calculate, update records and return results to the the user so
it is available immediately. This is called what? - Answer-Online real-time processing
Payroll bank accounts should be reconciled how often? - Answer-Monthly
Is prenotification mandatory? - Answer-No
An open check number may signify what? - Answer-A manual check has not been recorded or an
employee has not cashed the check
