Payroll Accounting - Ch. 1 - Processing
a New Employer Study Guide
Questions and Answers 100% Pass
Period Ending Date - ANSWER✔✔-The last day the employee is being paid for in the
current paycheck
Pay Date - ANSWER✔✔-The date the check is written
Give the most likely reason why there would be more allowances claimed for
FEDERAL taxes, than STATE or LOCAL. - ANSWER✔✔-An employee can claim a
federal allowance for him or herself.
When did the Fair Labor Standards Act originally pass? - ANSWER✔✔-1938
What did the Fair Labor Standards Act establish? - ANSWER✔✔-Federal minimum
wage
Name 2 things the Federal minimum wage mandates? - ANSWER✔✔-Overtime Pay
and the restriction of child labor
5 Exceptions to Federal Minimum Wage - ANSWER✔✔-1. Workers with disabilities
2. Full-time Students
Copyright ©SOPHIABENNETT 2025 ACADEMIC YEARALL RIGHTS RESERVED. Page 1/10
, 3. Young Workers (under 20)
4. Tipped Employees
5. Student Learners (enrolled in vocational school)
Workers with disabilities pay - ANSWER✔✔-May be paid a percentage of the current
prevailing minimum wage rate for a comparable position and is based on the
productivity level of the employee with the disability.
Full-time Students may be paid what percentage of the current minimum wage rate? -
ANSWER✔✔-85%
Full-time Student work hours while school is in session - ANSWER✔✔-8 hours a day
and 20 hours a week
Full time students working for what specific types of employers would be considered
an exception to Federal Minimum Wage? - ANSWER✔✔-Colleges & Universities
Agriculture
Retail or service stores
Young Workers pay for the first 90 days, as long as they do not replace another
employee - ANSWER✔✔-may be paid $4.25
When does the pay for Young Workers revert to Federal Minimum Wage? -
ANSWER✔✔-90 days or after the employee turns 20, whichever comes first
Copyright ©SOPHIABENNETT 2025 ACADEMIC YEARALL RIGHTS RESERVED. Page 2/10
a New Employer Study Guide
Questions and Answers 100% Pass
Period Ending Date - ANSWER✔✔-The last day the employee is being paid for in the
current paycheck
Pay Date - ANSWER✔✔-The date the check is written
Give the most likely reason why there would be more allowances claimed for
FEDERAL taxes, than STATE or LOCAL. - ANSWER✔✔-An employee can claim a
federal allowance for him or herself.
When did the Fair Labor Standards Act originally pass? - ANSWER✔✔-1938
What did the Fair Labor Standards Act establish? - ANSWER✔✔-Federal minimum
wage
Name 2 things the Federal minimum wage mandates? - ANSWER✔✔-Overtime Pay
and the restriction of child labor
5 Exceptions to Federal Minimum Wage - ANSWER✔✔-1. Workers with disabilities
2. Full-time Students
Copyright ©SOPHIABENNETT 2025 ACADEMIC YEARALL RIGHTS RESERVED. Page 1/10
, 3. Young Workers (under 20)
4. Tipped Employees
5. Student Learners (enrolled in vocational school)
Workers with disabilities pay - ANSWER✔✔-May be paid a percentage of the current
prevailing minimum wage rate for a comparable position and is based on the
productivity level of the employee with the disability.
Full-time Students may be paid what percentage of the current minimum wage rate? -
ANSWER✔✔-85%
Full-time Student work hours while school is in session - ANSWER✔✔-8 hours a day
and 20 hours a week
Full time students working for what specific types of employers would be considered
an exception to Federal Minimum Wage? - ANSWER✔✔-Colleges & Universities
Agriculture
Retail or service stores
Young Workers pay for the first 90 days, as long as they do not replace another
employee - ANSWER✔✔-may be paid $4.25
When does the pay for Young Workers revert to Federal Minimum Wage? -
ANSWER✔✔-90 days or after the employee turns 20, whichever comes first
Copyright ©SOPHIABENNETT 2025 ACADEMIC YEARALL RIGHTS RESERVED. Page 2/10
