Payroll class Ch. 1 Exam Actual
Questions and Answers 2026
Internal Revenue Service (IRS) -
correct answer ✅The branch of the U.S. Treasury Department in
charge of collecting taxes
The equal pay act of 1963 -
correct answer ✅Federal legislation mandating that males and
females receive equal compensation for comparable work
Davis-Bacon Act of 1931 -
correct answer ✅Federal legislation enacted in 1931 that requires
federal contractors to pay employees an amount of commensurate
with the prevailing local wage
Ethics -
correct answer ✅an individuals definition of right and wrong
(morals)
integrity -
correct answer ✅possessing honesty and high moral principals
, Payroll class Ch. 1 Exam Actual
Questions and Answers 2026
objectivity -
correct answer ✅making decisions that are free from biased or
subjectivity
independence -
correct answer ✅the ability of an accountant to act professionally
w/out external pressures that would cause a third party to question
the integrity of actions and decisions
Professional Competence -
correct answer ✅the continuing capability to perform professional
duties with an agreed-upon standard of quality
Due care -
correct answer ✅the caution that a reasonable person would
exercise to avoid to avoid being charged with negligence
publication 15 -
correct answer ✅The employers tax guide published by the
internal revenue service
Questions and Answers 2026
Internal Revenue Service (IRS) -
correct answer ✅The branch of the U.S. Treasury Department in
charge of collecting taxes
The equal pay act of 1963 -
correct answer ✅Federal legislation mandating that males and
females receive equal compensation for comparable work
Davis-Bacon Act of 1931 -
correct answer ✅Federal legislation enacted in 1931 that requires
federal contractors to pay employees an amount of commensurate
with the prevailing local wage
Ethics -
correct answer ✅an individuals definition of right and wrong
(morals)
integrity -
correct answer ✅possessing honesty and high moral principals
, Payroll class Ch. 1 Exam Actual
Questions and Answers 2026
objectivity -
correct answer ✅making decisions that are free from biased or
subjectivity
independence -
correct answer ✅the ability of an accountant to act professionally
w/out external pressures that would cause a third party to question
the integrity of actions and decisions
Professional Competence -
correct answer ✅the continuing capability to perform professional
duties with an agreed-upon standard of quality
Due care -
correct answer ✅the caution that a reasonable person would
exercise to avoid to avoid being charged with negligence
publication 15 -
correct answer ✅The employers tax guide published by the
internal revenue service