Test Bank for Paycom Payroll
Accounting Ch 1 KC, SG, and book 9th
Edition by Jeanette Landin
T or F: The Fair Labor Standards Act is commonly known as the Federal Wage and Hour Law. -
ANSTrue (pg 1-3)
T or F: All states have set their minimum wage to be the same as the federal government. -
ANSFalse
T or F: By the use of executive orders, the federal government has banned discrimination in
employment on government contracts. - ANSTrue
T or F: Each state imposes an income tax on employees that is 2% of gross wages. - ANSFalse
Which law establishes the minimum wage?
- Federal Income Tax Act
- Federal Unemployment Tax Act
- Fair Labor Standards Act
- Federal Insurance Contributions Act - ANSFair Labor Standards Act
What is the current minimum wage?
- $10.00
- $7.75
- $8.50
- $7.25 - ANS$7.25
Title VII of the Civil Rights Act is also referred to as which of the following?
- Equal Employment Opportunity Act
- Social Security Act
- Age Discrimination Act
- Wage and Hour Act - ANSEqual Employment Opportunity Act
Which information is included on Form I-9, a form completed by each employer?
- eligibility for unemployment benefits
- verification of employment eligibility
- eligibility for Medicare benefits
- contributions to individual retirement accounts - ANSverification of employment eligibility
Accounting Ch 1 KC, SG, and book 9th
Edition by Jeanette Landin
T or F: The Fair Labor Standards Act is commonly known as the Federal Wage and Hour Law. -
ANSTrue (pg 1-3)
T or F: All states have set their minimum wage to be the same as the federal government. -
ANSFalse
T or F: By the use of executive orders, the federal government has banned discrimination in
employment on government contracts. - ANSTrue
T or F: Each state imposes an income tax on employees that is 2% of gross wages. - ANSFalse
Which law establishes the minimum wage?
- Federal Income Tax Act
- Federal Unemployment Tax Act
- Fair Labor Standards Act
- Federal Insurance Contributions Act - ANSFair Labor Standards Act
What is the current minimum wage?
- $10.00
- $7.75
- $8.50
- $7.25 - ANS$7.25
Title VII of the Civil Rights Act is also referred to as which of the following?
- Equal Employment Opportunity Act
- Social Security Act
- Age Discrimination Act
- Wage and Hour Act - ANSEqual Employment Opportunity Act
Which information is included on Form I-9, a form completed by each employer?
- eligibility for unemployment benefits
- verification of employment eligibility
- eligibility for Medicare benefits
- contributions to individual retirement accounts - ANSverification of employment eligibility
