Flsa Study guides, Class notes & Summaries

CPP - CERTIFIED PAYROLL PROFESSIONAL EXAM 2024 Counseling is appropriate when: a. salaries have been frozen. b. introducing a new procedure. c. explaining tax law changes. d. orienting new employees. - correct answer a. salaries have been frozen. In addition to the accuracy-related penalty for underpayment of taxes, if the underpayment of taxes is due to fraud, the IRS may asses an additional penalty of: - correct answer 75% If an employer's total tax liability for the lookback ...

CPP Payroll Exam Questions and Answers All Correct retention records: How long for IRS? - ANSWER 4 years (3 is 4) reduceing taxable income: 401k come out of fed. cafe comes out of all FIT, SS and MED - ANSWER note What does Fair Labor Standards Act regulate? - ANSWER 1. Overtime 2. Minimum rate of pay 3. Child Labor Laws 4. Equal pay retention records: How long for FLSA? - ANSWER 3 years (4 is 3) 3 yeas after the last date of entry or 3 year...

Changing an existing field, record, or file in a database is called indexing modification inserting appending correct answer: modification IV medication is administered in which one of the following manners? Drops per minute Drops per hour Drops per 24-hour period Drops per second correct answer: Drops per minute Which of the following is not a major objective that guided the development of ICD-10-PCS? These are all objectives used in the development of ICD-...

WGU C236 End of Text Review.1 Overall Course Assessment Test || Questions & Answers (Graded A+) WGU C236 End of Text Review.1 Overall Course Assessment Test || Questions & Answers (Graded A+) Job and pay form-specific reward strategies allows for: Maximum customization as the organization positions its pay similar to the market differently for different jobs and pay forms Maximum customization as the organization positions its pay relative to the market differently for different job...

HRCI: SPHR/PHR Exam 120 Questions with Verified Answers Davis-Bacon Act - CORRECT ANSWER Requires contractors using federal funds to pay wages and fringe equal to or greater than the local market wage What is the HR Significance of the Davis-Bacon Act? - CORRECT ANSWER Applies if receiving federal funds for work or projects Walsh-Healey Act - CORRECT ANSWER Establishes the time-and-a-half overtime rule for hours in excess of 40 in a week for nonexempt employees What is the HR Signifi...

CHAPTER 12 1. (p. 280) ________ refers to the point at which an employee becomes fully entitled to a benefit. Vesting 2. (p. 288) Employers are increasingly employing elaborate employee monitoring measures primarily to limit their risk of ________ liability in areas such as defamation and employment discrimination. Vicarious 3. (p. 292) If an employee in a unionized company believes that the employer is violating the collective bargaining agreement, he or she may file a ________ and...

CHFM FINANCE AND ADMINISTRATION EXAM 2024 What does the acronym FTE stand for? - correct answer Full Time Equivalent What are the number of hours that make up an FTE? - correct answer 40 hours per week; 2080 hours per year 40 hours per week x 52 weeks = 2,080 hours What are budgeted hours? - correct answer Budgeted hours are estimated hours that an employee works per pay period in a particular assignment restricted by the planned expenditure for a fiscal year. How is overtime d...

Payroll Fundamentals Ch. 1 Exam 135 Questions with Verified Answers Common Law Test - Questions - CORRECT ANSWER 1) How independent is the employee? 2) How much control can be exercised over the worker? Common Law Test - Employee - CORRECT ANSWER - Required to comply with employer's instructions about when, where, and how to work - Works exclusively for the employer - Hired by the employer - Subject to dismissal; can quit without liability - Has a continuing relationship with the e...

If an employer meets all of the necessary per Diem requirements, the amount provided to an employee while working out of town is tax deductible for the employer. True Anthony is a non managerial employee of FedCo who recently turned 65. FedCo has a mandatory retirement policy that requires Jerry to retire. Under the policy, Jerry will receive an annual retirement benefit of 45000. Under federal law, is FedCo's mandatory retirement policy lawful? False/no Which of the following i...

questions with correct answers Counseling is appropriate when: a. salaries have been frozen. b. introducing a new procedure. c. explaining tax law changes. d. orienting new employees. Correct Answer-a. salaries have been frozen. In addition to the accuracy-related penalty for underpayment of taxes, if the underpayment of taxes is due to fraud, the IRS may asses an additional penalty of: Correct Answer-75% If an employer's total tax liability for the lookback period is $75,000.00, a t...