ACCT - 218 Payroll Ch 1-3 Study guide
Questions and Answers 100% Pass
Which act sets the minimum wage, and what is the current wage rate?
a). The Civil Rights Act of 1964 sets the minimum wage and the current minimum wage
rate is $7.50 per hour.
b.)The Federal Unemployment Tax Act sets the minimum wage and the current
minimum wage rate is $7.25 per hour.
c). The Self-Employment Contributions Act sets the minimum wage and the current
minimum wage rate is $9.19 per hour.
d. The Fair Labor Standards Act sets the minimum wage and the current minimum
wage rate is $7.25 per hour.
e. None of these choices are correct. - ✔✔d. The Fair Labor Standards Act sets the
minimum wage and the current minimum wage rate is $7.25 per hour.
Under the FLSA, what information concerning employees' wages earned must be
maintained by the employer?
a). the amount and nature of exempt pay
Katelyn Whitman, All Rights Reserved © 2025 1
,b). the payroll period
c) the total additions to or deduction from wages
d). all of these choices are correct - ✔✔d). all of these choices are correct
Who pays the social security taxes that are levied by the Federal Insurance
Contributions Act?
a). the employee
b). the employer
c). both employee & employer
d). only a self-employed individual - ✔✔d). both employee & employer
How are the funds used which are provided by FUTA and SUTA?
a. All of the funds are used to provide the benefits of unemployment compensation to
qualified unemployed workers.
b. FUTA funds are used to pay the state and federal administrative expenses and SUTA
funds are used to pay the unemployment compensation benefits to the qualified
unemployed workers.
c. SUTA funds are used to pay the state and federal administrative expenses and FUTA
funds are used to pay the unemployment compensation benefits to the qualified
unemployed workers.
Katelyn Whitman, All Rights Reserved © 2025 2
, d. none of these choices are correct - ✔✔b. FUTA funds are used to pay the state and
federal administrative expenses and SUTA funds are used to pay the unemployment
compensation benefits to the qualified unemployed workers.
Which of the following acts prohibits discriminating in hiring, firing, promoting,
compensating, or in any other condition of employment on the basis of race, color,
religion, sex, or national origin?
a). The federal Personal Responsibility and Work Opportunity Reconciliation Act of
1996
b). the Federal Unemployment Tax Act (FUTA)
c). The Civil Rights Act of 1964
d). None of these choices are correct - ✔✔c). The Civil Rights Act of 1964
What is the purpose of the Age Discrimination in Employment Act (ADEA)?
A). To provide protection only for workers under the age of 18
B). To prohibit discrimination on the basis of age in the employment practices of
employer
C). Both of these choices are correct
D). Neither of these choices is correct - ✔✔
Katelyn Whitman, All Rights Reserved © 2025 3
Questions and Answers 100% Pass
Which act sets the minimum wage, and what is the current wage rate?
a). The Civil Rights Act of 1964 sets the minimum wage and the current minimum wage
rate is $7.50 per hour.
b.)The Federal Unemployment Tax Act sets the minimum wage and the current
minimum wage rate is $7.25 per hour.
c). The Self-Employment Contributions Act sets the minimum wage and the current
minimum wage rate is $9.19 per hour.
d. The Fair Labor Standards Act sets the minimum wage and the current minimum
wage rate is $7.25 per hour.
e. None of these choices are correct. - ✔✔d. The Fair Labor Standards Act sets the
minimum wage and the current minimum wage rate is $7.25 per hour.
Under the FLSA, what information concerning employees' wages earned must be
maintained by the employer?
a). the amount and nature of exempt pay
Katelyn Whitman, All Rights Reserved © 2025 1
,b). the payroll period
c) the total additions to or deduction from wages
d). all of these choices are correct - ✔✔d). all of these choices are correct
Who pays the social security taxes that are levied by the Federal Insurance
Contributions Act?
a). the employee
b). the employer
c). both employee & employer
d). only a self-employed individual - ✔✔d). both employee & employer
How are the funds used which are provided by FUTA and SUTA?
a. All of the funds are used to provide the benefits of unemployment compensation to
qualified unemployed workers.
b. FUTA funds are used to pay the state and federal administrative expenses and SUTA
funds are used to pay the unemployment compensation benefits to the qualified
unemployed workers.
c. SUTA funds are used to pay the state and federal administrative expenses and FUTA
funds are used to pay the unemployment compensation benefits to the qualified
unemployed workers.
Katelyn Whitman, All Rights Reserved © 2025 2
, d. none of these choices are correct - ✔✔b. FUTA funds are used to pay the state and
federal administrative expenses and SUTA funds are used to pay the unemployment
compensation benefits to the qualified unemployed workers.
Which of the following acts prohibits discriminating in hiring, firing, promoting,
compensating, or in any other condition of employment on the basis of race, color,
religion, sex, or national origin?
a). The federal Personal Responsibility and Work Opportunity Reconciliation Act of
1996
b). the Federal Unemployment Tax Act (FUTA)
c). The Civil Rights Act of 1964
d). None of these choices are correct - ✔✔c). The Civil Rights Act of 1964
What is the purpose of the Age Discrimination in Employment Act (ADEA)?
A). To provide protection only for workers under the age of 18
B). To prohibit discrimination on the basis of age in the employment practices of
employer
C). Both of these choices are correct
D). Neither of these choices is correct - ✔✔
Katelyn Whitman, All Rights Reserved © 2025 3
