©Jason MacConnell 2025 ALL RIGHTS RESERVED.
FPC Review Exam Questions With Correct
Answers A+
Under the FLSA, which pay hours can be counted towards determining the regular rate of pay:
Vacation, Holiday, Sick, or None of the above. - Answer✔None of the above
Does the FLSA require overtime be paid weekly? - Answer✔No
What agreement must be made between the hospital/nursing home personnel and employee to
use the 14-day work period instead of the 7-day work week for computing overtime before the
work is performed? - Answer✔8/80 rule
A work week as defined by the FLSA is a fixed, recurring period of how many consecutive
hours? - Answer✔168
Are employees who are covered by the FLSA minimum wage and overtime requirements
exempt? - Answer✔No
If an employee reports new hires magnetically or electronically, how many times must the data
be sent in a calendar month? - Answer✔At least two transmissions, 12-16 days apart
Employers can verify a newly hired employee's eligibility to work in the the US using what
system? - Answer✔E-Verify
Waiting time that is compensable if the employee is on the employer's premises, does not have
ample time to conduct personal business and is waiting for a short period until s/he can
commence work is called what? - Answer✔Engaged to be waiting
What are the tests to determine if employees are covered by FLSA? - Answer✔Enterprise (2 or
more employees engaged in interstate commerce > $500K and always hospitals, gov't, schools,
nursing care) and Individual (engaged in interstate commerce, even if employer is not covered)
When a paycheck is voided in a subsequent quarter, what issues need to be addressed? -
Answer✔Corrections may be needed to 941s, state tax and unemployment reports, possibly a W-
2C
Payroll compliance is... - Answer✔Processing federal, state and local withholding, depositing
and reporting requirements on a timely basis and paying employees as required by FLSA and
state wage and hour rules
1
, ©Jason MacConnell 2025 ALL RIGHTS RESERVED.
What is a Zero Balance Account? - Answer✔When all payroll checks have cleared the account,
the account balance should be zero.
Once data is entered in the system, it will calculate, update records and return results to the the
user so it is available immediately. This is called what? - Answer✔Online real-time processing
Payroll bank accounts should be reconciled how often? - Answer✔Monthly
Is prenotification mandatory? - Answer✔No
An open check number may signify what? - Answer✔A manual check has not been recorded or
an employee has not cashed the check
What are the benefits for employees paid by paycards? - Answer✔Cost savings, convenience,
safety, time savings
What information is required to set up direct deposit? - Answer✔Type of account, account and
bank routing numbers
What are the two most common methods to calculate withholding on regular wages? -
Answer✔Percentage and wage bracket methods
Do wage attachments take precedence over voluntary deductions? - Answer✔Yes
What publication that gives exempt amounts is provided with form 668-W? - Answer✔1494
Are wages paid after death subject to federal withholding? - Answer✔No
Wages in excess of $200,000 are subject to what Medicare rate? - Answer✔2.35% (1.45 plus
add'l .9)
The maximum amount of an employee's compensation subject to child support is governed by
what? - Answer✔CCPA
What are disposable earnings? - Answer✔Gross earnings (including bonuses and lump sum
payments, but not tips) less required deductions
When grossing up, are the taxes paid by the employer included in the employee's taxable
income? - Answer✔Yes
What are the federal limits for withholding garnishments? - Answer✔Cannot exceed the lesser of
15% of the debtor's disposable pay or the amount by which the employee's disposable pay for the
week exceeds 30 times the federal minimum wage
401(k) income is subject to which taxes? - Answer✔SS and Medicare
What is the retirement savings program for employees of tax exempt organizations known as? -
Answer✔403(b)
2
FPC Review Exam Questions With Correct
Answers A+
Under the FLSA, which pay hours can be counted towards determining the regular rate of pay:
Vacation, Holiday, Sick, or None of the above. - Answer✔None of the above
Does the FLSA require overtime be paid weekly? - Answer✔No
What agreement must be made between the hospital/nursing home personnel and employee to
use the 14-day work period instead of the 7-day work week for computing overtime before the
work is performed? - Answer✔8/80 rule
A work week as defined by the FLSA is a fixed, recurring period of how many consecutive
hours? - Answer✔168
Are employees who are covered by the FLSA minimum wage and overtime requirements
exempt? - Answer✔No
If an employee reports new hires magnetically or electronically, how many times must the data
be sent in a calendar month? - Answer✔At least two transmissions, 12-16 days apart
Employers can verify a newly hired employee's eligibility to work in the the US using what
system? - Answer✔E-Verify
Waiting time that is compensable if the employee is on the employer's premises, does not have
ample time to conduct personal business and is waiting for a short period until s/he can
commence work is called what? - Answer✔Engaged to be waiting
What are the tests to determine if employees are covered by FLSA? - Answer✔Enterprise (2 or
more employees engaged in interstate commerce > $500K and always hospitals, gov't, schools,
nursing care) and Individual (engaged in interstate commerce, even if employer is not covered)
When a paycheck is voided in a subsequent quarter, what issues need to be addressed? -
Answer✔Corrections may be needed to 941s, state tax and unemployment reports, possibly a W-
2C
Payroll compliance is... - Answer✔Processing federal, state and local withholding, depositing
and reporting requirements on a timely basis and paying employees as required by FLSA and
state wage and hour rules
1
, ©Jason MacConnell 2025 ALL RIGHTS RESERVED.
What is a Zero Balance Account? - Answer✔When all payroll checks have cleared the account,
the account balance should be zero.
Once data is entered in the system, it will calculate, update records and return results to the the
user so it is available immediately. This is called what? - Answer✔Online real-time processing
Payroll bank accounts should be reconciled how often? - Answer✔Monthly
Is prenotification mandatory? - Answer✔No
An open check number may signify what? - Answer✔A manual check has not been recorded or
an employee has not cashed the check
What are the benefits for employees paid by paycards? - Answer✔Cost savings, convenience,
safety, time savings
What information is required to set up direct deposit? - Answer✔Type of account, account and
bank routing numbers
What are the two most common methods to calculate withholding on regular wages? -
Answer✔Percentage and wage bracket methods
Do wage attachments take precedence over voluntary deductions? - Answer✔Yes
What publication that gives exempt amounts is provided with form 668-W? - Answer✔1494
Are wages paid after death subject to federal withholding? - Answer✔No
Wages in excess of $200,000 are subject to what Medicare rate? - Answer✔2.35% (1.45 plus
add'l .9)
The maximum amount of an employee's compensation subject to child support is governed by
what? - Answer✔CCPA
What are disposable earnings? - Answer✔Gross earnings (including bonuses and lump sum
payments, but not tips) less required deductions
When grossing up, are the taxes paid by the employer included in the employee's taxable
income? - Answer✔Yes
What are the federal limits for withholding garnishments? - Answer✔Cannot exceed the lesser of
15% of the debtor's disposable pay or the amount by which the employee's disposable pay for the
week exceeds 30 times the federal minimum wage
401(k) income is subject to which taxes? - Answer✔SS and Medicare
What is the retirement savings program for employees of tax exempt organizations known as? -
Answer✔403(b)
2
