Payroll accounting - Chapter 1 Questions And Answers

application form - ANS personnel record which gives the applicant an opportunity to provide complete information as to personal qualifications, training, and experience. change in payroll rate form - ANS document that notifies the proper departments of a change in the employee's rate of remuneration. disability benefits - ANS payments to employees who are absent from their jobs because of illness, accident, or disease not arising out of their employment. employee history record - ANS continuous record of the relationship between the employer and the employee. employee's earnings record - ANS payroll record for each employee that is used to provide complete information about the accumulated earnings of each employee. executive orders - ANS regulations issued by the federal government that ban, in employment on government contracts, discrimination based on race, color, religion, sex, or national origin. fair employment practices - ANS laws that deal with discrimination on the basis of age, race, color, religion, gender, or national origin as a condition of employment. Form I-9, Employment Eligibility Verification - ANS form that lists the documents an employee must furnish to the employer; they identify the employee and, if an alien, verify authorization to work in the United States. Form W-2, Wage and Tax Statement - ANS form used by the employer to report the amount of wages paid each worker in the course of the trade or business of the employer. hiring notice - ANS form that is sent to the Payroll Department so that new employees are properly added to the payroll. human resources system - ANS those procedures and methods related to recruiting, selecting, orienting, training, and terminating personnel. income tax - ANS levy on the earnings of most employees that is deducted from their gross pay. investigative consumer report - ANS study done by a consumer reporting agency on a job applicant or current employee concerning the individual's character, general reputation, and mode of living. payroll accounting system - ANS those procedures and methods related to the disbursement of pay to employees. payroll register - ANS multicolumn form used to assemble and summarize the data needed at the end of each payroll period. It lists all employees who earned remuneration, the amount of remuneration, the deductions, and the net amount paid. prehire inquiries - ANS questions asked in the employment interview and on application forms, résumés of experience or education required of an applicant, and any kind of written testing. reference inquiry form - ANS document used by the employer to investigate the references given on the application blank by the job applicant. requisition for personnel - ANS document submitted by a department head to the Human Resources Department asking for additional or replacement employees. vesting - ANS the process of conveying to employees the right to share in a retirement fund in the event they are terminated before the normal retirement age. workers' compensation insurance - ANS protection provided to employees and their dependents against losses due to injury or death incurred during employment. Which of the following acts prohibits discriminating in hiring, firing, promoting, compensating, or in any other condition of employment on the basis of race, color, religion, gender, or national origin? - ANS The Civil Rights Act of 1964 Which of following steps should be taken by the Human Resources Department when hiring new employees? - ANS 1-Personnel files should be prepared 2-Tests may be administered 3-References should be checked How can the information shown in the employees' earnings record be used? - ANS 1-To prepare period reports 2-To complete Form W-2 for each employee 3-To complete Form W-2 for employer What tax act levies a tax on employers to pay state and federal administrative expenses of the unemployment program? - ANS Federal Unemployment Tax Act Which of the following Acts established the Equal Employment Opportunity Commission (EEOC)? - ANS Civil Rights Act of 1964 Title VII of the Civil Rights Act is referred to as the: - ANS Equal Employment Opportunity Act Form I-9, Employment Eligibility Verification, is required due to which of the following acts: - ANS Immigration Reform and Control Act of 1986 Which of the following acts deals with the unpaid leave for a family or medical emergency? - ANS Family and Medical Leave Act of 1993 Employers can exempt the following from the provision of the Family and Medical Leave Act: - ANS Highest-paid 10 percent of their workforce