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Florida Employee Leasing (PEO) licensing exam, ACTUAL
EXAM COMPLETE 300 QUESTIONS AND VERIFIED
SOLUTIONS LATEST UPDATE THIS YEAR
Course Description
The Florida Employee Leasing licensing program is designed to ensure that "Controlling
Persons" possess the specialized legal, financial, and ethical knowledge required to manage a
co-employment relationship safely and legally.
The curriculum focuses on Chapter 468, Part XI, Florida Statutes, and Chapter 61G7, Florida
Administrative Code. It bridges the gap between administrative HR services and legal employer
responsibilities, emphasizing the PEO’s duty to maintain workers' compensation, manage state
unemployment taxes, and protect the financial interests of both leased employees and client
companies.
Exam Coverage & Table of Weights
The exam is generally divided into five core domains. The following weights represent the
approximate percentage of questions dedicated to each topic:
Domain Topic Area Weight (%)
I Florida Statutes & Rules (Ch. 468 & 61G7) 30%
II Workers' Compensation Compliance (Ch. 440) 25%
III Financial Responsibility & Reporting 20%
IV Employment & Labor Laws (Federal & State) 15%
V Professional Ethics & Disciplinary Guidelines 10%
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Batch 1: Questions 1–100 (Regulatory Framework & Licensing)
1. What is the primary definition of "Employee Leasing" under Florida law?
o A. A temporary help service providing seasonal labor.
o B. An arrangement where an entity provides workers to a client via a co-
employment relationship for a fee.
o C. A contract for independent contractors to perform specific project tasks.
o D. The outsourcing of recruitment services only.
o Answer: B. Rationale: Florida defines leasing as a long-term co-employment
relationship, distinct from temporary staffing which is usually short-term or
project-based.
2. Which Florida Statute governs the regulation of employee leasing companies?
o A. Chapter 440
o B. Chapter 455
o C. Chapter 468, Part XI
o D. Chapter 627
o Answer: C. Rationale: While Chapter 440 covers Workers' Comp, Chapter 468,
Part XI is the specific "Practice Act" for the employee leasing industry.
3. Which state agency is responsible for the oversight and licensure of PEOs in Florida?
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o A. Department of Financial Services (DFS)
o B. Department of Business and Professional Regulation (DBPR)
o C. Department of Economic Opportunity (DEO)
o D. Agency for Health Care Administration (AHCA)
o Answer: B. Rationale: The DBPR, through the Board of Employee Leasing
Companies, handles all licensing and disciplinary actions for PEOs.
4. In a co-employment relationship, who is generally responsible for the payment of
wages and employment taxes?
o A. The Client Company only.
o B. The Employee Leasing Company (PEO).
o C. The State of Florida.
o D. Both parties are equally liable to the IRS regardless of the contract.
o Answer: B. Rationale: Under the leasing contract, the PEO assumes the
obligation to pay wages and fulfill tax reporting requirements for the leased
employees.
5. To be eligible for a license as a "Controlling Person" of a PEO, an applicant must be at
least:
o A. 18 years of age
o B. 21 years of age
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o C. 25 years of age
o D. 30 years of age
o Answer: A. Rationale: Florida law requires a controlling person to be at least 18
and of good moral character.
6. What is the minimum net worth requirement for an individual Employee Leasing
Company in Florida?
o A. $25,000
o B. $50,000
o C. $100,000
o D. $1,500,000
o Answer: B. Rationale: A PEO must maintain a net worth of at least $50,000. If it
is part of a group, the requirements differ.
7. A "Controlling Person" is defined as any individual who:
o A. Works as a leased employee at a client site.
o B. Possesses the power to direct the management or policies of the PEO.
o C. Is a minority shareholder with 2% interest.
o D. Is the landlord of the PEO’s office space.
Florida Employee Leasing (PEO) licensing exam, ACTUAL
EXAM COMPLETE 300 QUESTIONS AND VERIFIED
SOLUTIONS LATEST UPDATE THIS YEAR
Course Description
The Florida Employee Leasing licensing program is designed to ensure that "Controlling
Persons" possess the specialized legal, financial, and ethical knowledge required to manage a
co-employment relationship safely and legally.
The curriculum focuses on Chapter 468, Part XI, Florida Statutes, and Chapter 61G7, Florida
Administrative Code. It bridges the gap between administrative HR services and legal employer
responsibilities, emphasizing the PEO’s duty to maintain workers' compensation, manage state
unemployment taxes, and protect the financial interests of both leased employees and client
companies.
Exam Coverage & Table of Weights
The exam is generally divided into five core domains. The following weights represent the
approximate percentage of questions dedicated to each topic:
Domain Topic Area Weight (%)
I Florida Statutes & Rules (Ch. 468 & 61G7) 30%
II Workers' Compensation Compliance (Ch. 440) 25%
III Financial Responsibility & Reporting 20%
IV Employment & Labor Laws (Federal & State) 15%
V Professional Ethics & Disciplinary Guidelines 10%
,Page 2 of 78
Batch 1: Questions 1–100 (Regulatory Framework & Licensing)
1. What is the primary definition of "Employee Leasing" under Florida law?
o A. A temporary help service providing seasonal labor.
o B. An arrangement where an entity provides workers to a client via a co-
employment relationship for a fee.
o C. A contract for independent contractors to perform specific project tasks.
o D. The outsourcing of recruitment services only.
o Answer: B. Rationale: Florida defines leasing as a long-term co-employment
relationship, distinct from temporary staffing which is usually short-term or
project-based.
2. Which Florida Statute governs the regulation of employee leasing companies?
o A. Chapter 440
o B. Chapter 455
o C. Chapter 468, Part XI
o D. Chapter 627
o Answer: C. Rationale: While Chapter 440 covers Workers' Comp, Chapter 468,
Part XI is the specific "Practice Act" for the employee leasing industry.
3. Which state agency is responsible for the oversight and licensure of PEOs in Florida?
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o A. Department of Financial Services (DFS)
o B. Department of Business and Professional Regulation (DBPR)
o C. Department of Economic Opportunity (DEO)
o D. Agency for Health Care Administration (AHCA)
o Answer: B. Rationale: The DBPR, through the Board of Employee Leasing
Companies, handles all licensing and disciplinary actions for PEOs.
4. In a co-employment relationship, who is generally responsible for the payment of
wages and employment taxes?
o A. The Client Company only.
o B. The Employee Leasing Company (PEO).
o C. The State of Florida.
o D. Both parties are equally liable to the IRS regardless of the contract.
o Answer: B. Rationale: Under the leasing contract, the PEO assumes the
obligation to pay wages and fulfill tax reporting requirements for the leased
employees.
5. To be eligible for a license as a "Controlling Person" of a PEO, an applicant must be at
least:
o A. 18 years of age
o B. 21 years of age
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o C. 25 years of age
o D. 30 years of age
o Answer: A. Rationale: Florida law requires a controlling person to be at least 18
and of good moral character.
6. What is the minimum net worth requirement for an individual Employee Leasing
Company in Florida?
o A. $25,000
o B. $50,000
o C. $100,000
o D. $1,500,000
o Answer: B. Rationale: A PEO must maintain a net worth of at least $50,000. If it
is part of a group, the requirements differ.
7. A "Controlling Person" is defined as any individual who:
o A. Works as a leased employee at a client site.
o B. Possesses the power to direct the management or policies of the PEO.
o C. Is a minority shareholder with 2% interest.
o D. Is the landlord of the PEO’s office space.
