PAYROLL ACCOUNTING 2026 FINAL MASTERY
EXAM
◉ Under ERISA, vesting conveys to employees the right to share in a
retirement fund in the event they are terminated before the normal
retirement age. Answer: true
◉ An exception to the protection that the Age Discrimination in
Employment Act provides for all workers over 40 involves
executives who are 65 or older and who have held high policy-
making positions during the two-year period prior to retirement.
Answer: true
◉ Which of the following laws protect employees against losses due
to work-related injury: Answer: worker's compensation
◉ Title VII of the Civil Rights Act is referred to as the: Answer: egual
employment opportunity act
◉ Form I-9 Employment Eligibility Verification, is required due to
which of the following acts: Answer: none of the above
,◉ Employers not subject to Title VII coverage may come within the
scope of the Civil Rights Act by reason of a contract or subcontract
involving federal funds. Answer: true
◉ Which of the following is not allowed as part of a company's pre-
hire inquiries: Answer: lie detector test
◉ Which of the following acts deals with the minimum wage paid to
laborers for contractors on federal government construction
contracts? Answer: davis-bacon act
◉ The employer is required by the FLSA to display a poster that
informs employees of the provisions of the law. Answer: true
◉ Under FMLA, the time off must be used in one uninterrupted
period of time. Answer: false
◉ Under the Affordable Care Act, employers with 50 or more full-
time employees during the previous year are required to provide
health insurance coverage for all full-time employees. Answer: true
◉ Under the Civil Rights Act of 1964, the U.S. government is
classified as an exempt employer. Answer: true
,◉ Which of the following is not part of the records employers keep
in employee files? Answer: none of the above
◉ Which of the following laws establishes the minimum wage?
Answer: fair labor standards act
◉ Employment application forms are usually discarded when the
applicant is hired. Answer: false
◉ The FLSA imposes no recordkeeping requirements on employers.
Answer: false
◉ A payroll register lists all employees who have earned
remuneration, the amount of remuneration, the deductions, and the
net amount paid for each pay period. Answer: true
◉ There are no states that allow employees to access their
personnel files. Answer: false
◉ Employers are now required to photocopy new employees' Form
I-9 documents. Answer: false
, ◉ Workers' compensation insurance premiums for employers vary
according to the different degrees of danger in various classes of
jobs and the employers' accident experience rate. Answer: true
◉ The trend toward outsourcing of payroll operations has weakened
in recent years. Answer: false
◉ Form I-9, which is completed by each employee, deals with:
Answer: verification of employment eligibility
◉ The payroll register is a separate payroll record that is kept on
each employee. Answer: false
◉ The Affordable Care Act does not make a distinction between
large and small employers. Answer: false
◉ Asking applicants for their arrest records is illegal. Answer: true
◉ The total cost of workers' compensation insurance is borne by the
employees. Answer: false
◉ Which of the following records lists all employees who earn
remuneration, the amount of remuneration, the deductions, and the
net amount paid for each payroll period? Answer: payroll register
EXAM
◉ Under ERISA, vesting conveys to employees the right to share in a
retirement fund in the event they are terminated before the normal
retirement age. Answer: true
◉ An exception to the protection that the Age Discrimination in
Employment Act provides for all workers over 40 involves
executives who are 65 or older and who have held high policy-
making positions during the two-year period prior to retirement.
Answer: true
◉ Which of the following laws protect employees against losses due
to work-related injury: Answer: worker's compensation
◉ Title VII of the Civil Rights Act is referred to as the: Answer: egual
employment opportunity act
◉ Form I-9 Employment Eligibility Verification, is required due to
which of the following acts: Answer: none of the above
,◉ Employers not subject to Title VII coverage may come within the
scope of the Civil Rights Act by reason of a contract or subcontract
involving federal funds. Answer: true
◉ Which of the following is not allowed as part of a company's pre-
hire inquiries: Answer: lie detector test
◉ Which of the following acts deals with the minimum wage paid to
laborers for contractors on federal government construction
contracts? Answer: davis-bacon act
◉ The employer is required by the FLSA to display a poster that
informs employees of the provisions of the law. Answer: true
◉ Under FMLA, the time off must be used in one uninterrupted
period of time. Answer: false
◉ Under the Affordable Care Act, employers with 50 or more full-
time employees during the previous year are required to provide
health insurance coverage for all full-time employees. Answer: true
◉ Under the Civil Rights Act of 1964, the U.S. government is
classified as an exempt employer. Answer: true
,◉ Which of the following is not part of the records employers keep
in employee files? Answer: none of the above
◉ Which of the following laws establishes the minimum wage?
Answer: fair labor standards act
◉ Employment application forms are usually discarded when the
applicant is hired. Answer: false
◉ The FLSA imposes no recordkeeping requirements on employers.
Answer: false
◉ A payroll register lists all employees who have earned
remuneration, the amount of remuneration, the deductions, and the
net amount paid for each pay period. Answer: true
◉ There are no states that allow employees to access their
personnel files. Answer: false
◉ Employers are now required to photocopy new employees' Form
I-9 documents. Answer: false
, ◉ Workers' compensation insurance premiums for employers vary
according to the different degrees of danger in various classes of
jobs and the employers' accident experience rate. Answer: true
◉ The trend toward outsourcing of payroll operations has weakened
in recent years. Answer: false
◉ Form I-9, which is completed by each employee, deals with:
Answer: verification of employment eligibility
◉ The payroll register is a separate payroll record that is kept on
each employee. Answer: false
◉ The Affordable Care Act does not make a distinction between
large and small employers. Answer: false
◉ Asking applicants for their arrest records is illegal. Answer: true
◉ The total cost of workers' compensation insurance is borne by the
employees. Answer: false
◉ Which of the following records lists all employees who earn
remuneration, the amount of remuneration, the deductions, and the
net amount paid for each payroll period? Answer: payroll register
