TEST BANK
PAYROLL ACCOUNTING 2024 BY JEANNETE LANDIN
ALL CHAPTERS COVERED
,Tableof Contents
Chapter1:PayrollPracticesand SystemFundamentals
Chapter2: PayrollSystemProcedures
Chapter3: Gross Pay Computation
Chapter4: Fringe Benefitsand VoluntaryDeductions
Chapter5: EmployeeNet Pay and Pay MethodsChapter6:
EmployerPayrollTaxes and Labor Planning
Chapter7: The PayrollRegister,Employees'Earnings Records,and AccountingSystem
Entries
,Chap012024 Landin
Answersat theendof each
chapter
1) Payrollerrors can leadto underreportedwagesand staffingissues.
⊚ true
⊚ false
2) The Lilly LedbetterAct of 2009 reinforcedthe provisionsof the Current Tax PaymentAct by
enforcingtax remittancewithin 180days.
⊚ true
⊚ false
3) The OccupationalSafetyand HealthAct of 1970addedpersonalprotectiveequipment
standardsduring 2020.
⊚ true
⊚ false
4) Employeeretirementbenefitsare a recruitingand retentionstrategyusedby businesses.
⊚ true
⊚ false
5) The Family MedicalLeaveAct providedpaid leaveand guaranteedjob retentionfor
employees.
⊚ true
⊚ false
6) Workersmay accesspartialSocial Securityretirementbenefitsat age 62.
⊚ true
⊚ false
7) The Fair Labor StandardsAct has two levelsof coverage:individualand enterprise.
⊚ true
⊚ false
, 8) The ethicalprincipleof integritypertainsto standardsfor remainingcurrentwith payroll
professionaldevelopmentand certification.ϳ
⊚ true
⊚ false
9) Contemporarypayrollpracticesinvolvethe use of cloud-basedsoftware.
⊚ true
⊚ false
10) The use of payrollappsshiftsthe onus for payrollaccuracyfrom the employerto the
employee.
⊚ true
⊚ false
11) The PersonalResponsibility,Work and Family PromotionAct of 2002 mandatedthatnew
employeesmust be reportedto stateemploymentofficeswithin how many days of the
employeecommencingemployment?
A) 30
B) 25
C) 20
D) 15
12) WhichAct requiredthe reportingof COVID-19-relatedleave?
A) DOMA
B) ARPA
C) FMLA
D) FFCRA
13) During which decadeweremany landmarkpayrolllegislationpiecesenacted?
A) 1910s
B) 1920s
C) 1930s
D) 1940s
PAYROLL ACCOUNTING 2024 BY JEANNETE LANDIN
ALL CHAPTERS COVERED
,Tableof Contents
Chapter1:PayrollPracticesand SystemFundamentals
Chapter2: PayrollSystemProcedures
Chapter3: Gross Pay Computation
Chapter4: Fringe Benefitsand VoluntaryDeductions
Chapter5: EmployeeNet Pay and Pay MethodsChapter6:
EmployerPayrollTaxes and Labor Planning
Chapter7: The PayrollRegister,Employees'Earnings Records,and AccountingSystem
Entries
,Chap012024 Landin
Answersat theendof each
chapter
1) Payrollerrors can leadto underreportedwagesand staffingissues.
⊚ true
⊚ false
2) The Lilly LedbetterAct of 2009 reinforcedthe provisionsof the Current Tax PaymentAct by
enforcingtax remittancewithin 180days.
⊚ true
⊚ false
3) The OccupationalSafetyand HealthAct of 1970addedpersonalprotectiveequipment
standardsduring 2020.
⊚ true
⊚ false
4) Employeeretirementbenefitsare a recruitingand retentionstrategyusedby businesses.
⊚ true
⊚ false
5) The Family MedicalLeaveAct providedpaid leaveand guaranteedjob retentionfor
employees.
⊚ true
⊚ false
6) Workersmay accesspartialSocial Securityretirementbenefitsat age 62.
⊚ true
⊚ false
7) The Fair Labor StandardsAct has two levelsof coverage:individualand enterprise.
⊚ true
⊚ false
, 8) The ethicalprincipleof integritypertainsto standardsfor remainingcurrentwith payroll
professionaldevelopmentand certification.ϳ
⊚ true
⊚ false
9) Contemporarypayrollpracticesinvolvethe use of cloud-basedsoftware.
⊚ true
⊚ false
10) The use of payrollappsshiftsthe onus for payrollaccuracyfrom the employerto the
employee.
⊚ true
⊚ false
11) The PersonalResponsibility,Work and Family PromotionAct of 2002 mandatedthatnew
employeesmust be reportedto stateemploymentofficeswithin how many days of the
employeecommencingemployment?
A) 30
B) 25
C) 20
D) 15
12) WhichAct requiredthe reportingof COVID-19-relatedleave?
A) DOMA
B) ARPA
C) FMLA
D) FFCRA
13) During which decadeweremany landmarkpayrolllegislationpiecesenacted?
A) 1910s
B) 1920s
C) 1930s
D) 1940s
