2014 TEST 1 PAYROLL e d i t i o n Student INSTRUCTOR’S COPY Chapter 1 Date SCORING RECORD Section Total Points Deductions Score A 60 B 40 Bieg/Toland Total 100 Section A—DIRECTIONS: Each of the following statements is either true or false. Unless directed by your instructor, indicate your choice in the Answers column by true answer or for a writing “T” for a “F” false answer. (2 points for each correct answer) For Answers Scoring 1. The Fair Labor Standards Act is commonly known as the Federal Wage and Hour Law. T 1. 2. The Federal Insurance Contributions Act covers restrictions on the employment of child labor. F 2. 3. The Federal Income Tax Withholding Law requires that all employment data be kept on file permanently. F 3. 4. In cases where both federal and state regulations cover the minimum wage for the same the federal rate is always used as the standard minimum wage. F 4. 5. Those records that are required by the various payroll laws must generally be kept on file for only the current year. F 5. Unions and employment agencies are excluded from coverage under the Civil Rights Act of 6. F 6. 1964. 7. of documents is not required under the Employers’ photocopying new employees’ I-9 Reform and Control Act. T 7. The Age Discrimination in Employment Act protects virtually all workers, but only to the age 8. F 8. of 70. FICA taxes are levied upon employers only. 9. F 9. Criminal background checks can be used by employers on all job applicants. 10. F 10. 11. Most employers are faced with two unemployment taxes—federal and state. T 11. T 12. 12. Every state imposes state unemployment taxes on employers in their state. The Age Discrimination Act covers employers engaged in an industry affecting interstate 13. commerce (who employ 20 or more workers), employment agencies, and labor unions. T 13. 14. The FUTA tax paid to the federal government is used to pay benefits to the unemployed who qualify for the benefits. F 14. 15. Employers receive credit against their SUTA tax for their FUTA contributions. F 15. Some states allow employers to drug test in a limited number of situations. 16. T 16. 17. Once vested, workers have the right to receive a pension at retirement age, even if they no longer work for that company. T 17.
2014 e d i t i o n PAYROLL Bieg/Toland TEST 1 Student INSTRUCTOR’S COPY Chapter 1 Date SCORING RECORD Section Total Points Deductions Score A 60 B 40 Total 100 Section A—DIRECTIONS: Each of the following statements is either true or false. Unless directed by your instructor, indicate your choice in the Answers column by writing “T” for a true answer or “F” for a false answer. (2 points for each correct answer) For Answers Scoring 1. The Fair Labor Standards Act is commonly known as the Federal Wage and Hour Law. T 1. 2. The Federal Insurance Contributions Act covers restrictions on the employment of child labor. F 2. 3. The Federal Income Tax Withholding Law requires that all employment data be kept on file permanently. F 3. 4. In cases where both federal and state regulations cover the minimum wage for the same the federal rate is always used as the standard minimum wage. F 4. 5. Those records that are required by the various payroll laws must generally be kept on file for only the current year. F 5. 6. Unions and employment agencies are excluded from coverage under the Civil Rights Act of 1964. F 6. 7. Employers’ photocopying of new employees’ I-9 documents is not required under the Reform and Control Act. T 7. 8. The Age Discrimination in Employment Act protects virtually all workers, but only to the age of 70. F 8. 9. FICA taxes are levied upon employers only. F 9. 10. Criminal background checks can be used by employers on all job applicants. F 10. 11. Most employers are faced with two unemployment taxes—federal and state. T 11. 12. Every state imposes state unemployment taxes on employers in their state. T 12. 13. The Age Discrimination Act covers employers engaged in an industry affecting interstate commerce (who employ 20 or more workers), employment agencies, and labor unions. T 13. 14. The FUTA tax paid to the federal government is used to pay benefits to the unemployed who qualify for the benefits. F 14. 15. Employers receive credit against their SUTA tax for their FUTA contributions. F 15. 16. Some states allow employers to drug test in a limited number of situations. T 16. 17. Once vested, workers have the right to receive a pension at retirement age, even if they no longer work for that company. T 17.
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