Test Bank Payroll Accounting 2024 10th Edition by Jeanette Landin
Answers Included
Chap 01 2024 Landin
1) Payroll errors can lead to underreported wages and staffing issues.
⊚ true
⊚ false
2) The Lilly Ledbetter Act of 2009 reinforced the provisions of the Current Tax Payment Act by
enforcing tax remittance within 180 days.
⊚ true
⊚ false
3) The Occupational Safety and Health Act of 1970 added personal protective equipment
standards during 2020.
⊚ true
⊚ false
4) Employee retirement benefits are a recruiting and retention strategy used by businesses.
⊚ true
⊚ false
5) The Family Medical Leave Act provided paid leave and guaranteed job retention for
employees.
⊚ true
⊚ false
6) Workers may access partial Social Security retirement benefits at age 62.
⊚ true
⊚ false
7) The Fair Labor Standards Act has two levels of coverage: individual and enterprise.
⊚ true
⊚ false
1
,8) The ethical principle of integrity pertains to standards for remaining current with payroll
professional development and certification.
⊚ true
⊚ false
9) Contemporary payroll practices involve the use of cloud-based software.
⊚ true
⊚ false
10) The use of payroll apps shifts the onus for payroll accuracy from the employer to the
employee.
⊚ true
⊚ false
11) The Personal Responsibility, Work and Family Promotion Act of 2002 mandated that new
employees must be reported to state employment offices within how many days of the
employee commencing employment?
A) 30
B) 25
C) 20
D) 15
12) Which Act required the reporting of COVID-19-related leave?
A) DOMA
B) ARPA
C) FMLA
D) FFCRA
13) During which decade were many landmark payroll legislation pieces enacted?
A) 1910s
B) 1920s
C) 1930s
D) 1940s
2
,14) Which federal act assists workers who are displaced through no fault of their own?
A) HIPAA
B) FUTA
C) SUTA
D) ERISA
15) As of 2023, at what age may people born after 1960 receive full Social Security retirement
benefits?
A) 62
B) 65
C) 67
D) 69
16) Which Act created the classification of workers as exempt or nonexempt?
A) SSA
B) FICA
C) CTPA
D) FLSA
17) Which of the following employer obligation is an insurance policy, not legislation?
A) Sarbanes-Oxley
B) Workers’ compensation
C) Walsh-Healey
D) Davis-Bacon
18) Which ethical principle emphasizes the use of moral judgment in all actions?
A) Professionalism
B) Confidentiality
C) Integrity
D) Due Care
3
, 19) Which of the following situations would not potentially comprise a payroll accountant’s
objectivity or independence, according to the PCAOB?
A) Personal or family ownership of <1 percent of company shares
B) Commitment to present or future financial interest in a client’s business
C) Personal engagement with a client’s firm in terms of ownership
D) Purchase of greater than five percent of the company’s shares
20) Employment legislation during the 1960s included which of the following Acts:
A) FLSA, FUTA, and FICA.
B) Civil Rights Act, ADEA, and Equal Pay Act.
C) CTPA, FICA, and ERISA.
D) DOMA, FMLA, and PRWOR.
21) The main purpose of the Current Tax Payment Act was to:
A) ensure that all employees pay appropriate taxes.
B) maintain legal eligibility to work in the United States.
C) mandate employer remittance of taxes withheld from employees.
D) provide benefits for workers who were displaced from jobs.
22) Which act adds monetary penalties for illegal discriminatory employer actions?
A) Civil Rights Act of 1964
B) Davis-Bacon Act
C) Americans with Disabilities Act
D) Civil Rights Act of 1991
23) Which of the following legislation specifically pertains to government contractors?
A) ADEA and ERISA
B) Davis-Bacon Act and Walsh-Healey Act
C) FLSA and FICA
D) DOMA and FMLA
4
Answers Included
Chap 01 2024 Landin
1) Payroll errors can lead to underreported wages and staffing issues.
⊚ true
⊚ false
2) The Lilly Ledbetter Act of 2009 reinforced the provisions of the Current Tax Payment Act by
enforcing tax remittance within 180 days.
⊚ true
⊚ false
3) The Occupational Safety and Health Act of 1970 added personal protective equipment
standards during 2020.
⊚ true
⊚ false
4) Employee retirement benefits are a recruiting and retention strategy used by businesses.
⊚ true
⊚ false
5) The Family Medical Leave Act provided paid leave and guaranteed job retention for
employees.
⊚ true
⊚ false
6) Workers may access partial Social Security retirement benefits at age 62.
⊚ true
⊚ false
7) The Fair Labor Standards Act has two levels of coverage: individual and enterprise.
⊚ true
⊚ false
1
,8) The ethical principle of integrity pertains to standards for remaining current with payroll
professional development and certification.
⊚ true
⊚ false
9) Contemporary payroll practices involve the use of cloud-based software.
⊚ true
⊚ false
10) The use of payroll apps shifts the onus for payroll accuracy from the employer to the
employee.
⊚ true
⊚ false
11) The Personal Responsibility, Work and Family Promotion Act of 2002 mandated that new
employees must be reported to state employment offices within how many days of the
employee commencing employment?
A) 30
B) 25
C) 20
D) 15
12) Which Act required the reporting of COVID-19-related leave?
A) DOMA
B) ARPA
C) FMLA
D) FFCRA
13) During which decade were many landmark payroll legislation pieces enacted?
A) 1910s
B) 1920s
C) 1930s
D) 1940s
2
,14) Which federal act assists workers who are displaced through no fault of their own?
A) HIPAA
B) FUTA
C) SUTA
D) ERISA
15) As of 2023, at what age may people born after 1960 receive full Social Security retirement
benefits?
A) 62
B) 65
C) 67
D) 69
16) Which Act created the classification of workers as exempt or nonexempt?
A) SSA
B) FICA
C) CTPA
D) FLSA
17) Which of the following employer obligation is an insurance policy, not legislation?
A) Sarbanes-Oxley
B) Workers’ compensation
C) Walsh-Healey
D) Davis-Bacon
18) Which ethical principle emphasizes the use of moral judgment in all actions?
A) Professionalism
B) Confidentiality
C) Integrity
D) Due Care
3
, 19) Which of the following situations would not potentially comprise a payroll accountant’s
objectivity or independence, according to the PCAOB?
A) Personal or family ownership of <1 percent of company shares
B) Commitment to present or future financial interest in a client’s business
C) Personal engagement with a client’s firm in terms of ownership
D) Purchase of greater than five percent of the company’s shares
20) Employment legislation during the 1960s included which of the following Acts:
A) FLSA, FUTA, and FICA.
B) Civil Rights Act, ADEA, and Equal Pay Act.
C) CTPA, FICA, and ERISA.
D) DOMA, FMLA, and PRWOR.
21) The main purpose of the Current Tax Payment Act was to:
A) ensure that all employees pay appropriate taxes.
B) maintain legal eligibility to work in the United States.
C) mandate employer remittance of taxes withheld from employees.
D) provide benefits for workers who were displaced from jobs.
22) Which act adds monetary penalties for illegal discriminatory employer actions?
A) Civil Rights Act of 1964
B) Davis-Bacon Act
C) Americans with Disabilities Act
D) Civil Rights Act of 1991
23) Which of the following legislation specifically pertains to government contractors?
A) ADEA and ERISA
B) Davis-Bacon Act and Walsh-Healey Act
C) FLSA and FICA
D) DOMA and FMLA
4
