Payroll Accounting 140
Affordable Care Act - correct answer Applicable large employers (ALE).
All of the following are covered by the Age Discrimination in Employment Act except: ___. - correct
answer An employer with 15 employees
At a minimum, how often should an administrator furnish a statement of total benefits accrued and
accrued benefits that are vested under ERISA? - correct answer Once in 12 month period
Employee's earnings record - correct answer Record used in preparing employee's W-2.
Employers can exempt the following from the provision of the Family and Medical Leave Act: ___. -
correct answer Highest-paid 10 percent of their workforce
Executive orders - correct answer Anti-discrimination orders for employers with contracts involving
federal funds.
Fair Labor Standards Act - correct answer Also known as the Federal Wage and Hour Law.
Family and Medical Leave Act - correct answer Highest-paid 10% of workforce can be exempted.
Form I-9, Employment Eligibility Verification, is required due to which of the following acts: ___. -
correct answer Immigration Reform and Control Act of 1986
How are the funds used which are provided by FUTA and SUTA? - correct answer FUTA funds are used to
pay the state and federal administrative expenses and SUTA funds are used to pay the unemployment
compensation benefits to the qualified unemployed workers.
, How can the information shown in the employees' earnings record be used? - correct answer To prepare
period reports and complete Form W-2 for each employee
Immigration Reform and Control Act - correct answer Form I-9 to be completed by all new employees.
Payroll register - correct answer Multi-column form used to summarize data needed each pay date.
The E-Verify program is a system to check the: ___. - correct answer Employment eligibility of new hires
The Fair Labor Standards Act has set the current minimum hourly rate of pay at: ___. - correct answer
$7.25
Title VII of the Civil Rights Act is referred to as the: ___. - correct answer Equal Employment Opportunity
Act
Under the Affordable Care Act, what are the minimum essential coverage tests that the insurance
provided by the employer must satisfy? - correct answer Value test—plan that pays at least 60 percent
of medical expenses on average for a standard population.; Affordability test—employee's premium
contribution for self-only coverage for the lowest cost plan cannot exceed 9.5 percent of employee's
household income.
(Both of these choices are correct.)
Under the Civil Rights Act of 1964 and the Age Discrimination in Employment Act, which of the following
questions may not be asked by an employer during pre-hire inquiries? - correct answer What is your
religion?; What is your gender?; What is your race?
(All of these choices are correct.)
Under the Family and Medical Leave Act, what is the maximum number of weeks of unpaid leave that a
covered employer is required to offer an employee whose spouse is seriously ill? - correct answer 12
Under the FLSA, what information concerning employees' wages must be maintained by the employer? -
correct answer The amount and nature of exempt pay; The total additions to or deductions from wages;
The payroll period