Payroll Accounting

Part 1 Quiz 1. Which of the accompanying laws has as one of its significant arrangements the foundation of the lowest pay permitted by law? a. Reasonable Employment Laws b. Government Unemployment Tax Act c. Government Insurance Contributions Act d. Standardized savings Law e. Reasonable Labor Standards Act 2. Which of the accompanying demonstrations covers representative annuity and government assistance plans? f. Age Discrimination in Employment Act g. Worker Retirement Income Security Act h. Family and Medical Leave Act I. Government Insurance Contributions Act j. Government Unemployment Tax Act 3.Which of the accompanying explanations isn't an arrangement of ERISA? k. ERISA requires every business to set up an annuity plan l. These decisions are arrangements of ERISA m. ERISA gives that all workers are qualified to set up their own individual retirement accounts n. ERISA sets up least vesting plans that secure the worker’s benefits o. ERISA applies to benefits and governme nt assistance plans built up by any business occupied with trade. 4. Which of coming up next isn't an arrangement of the Fair Labor Standards Act (FLSA)? . Limits the work of youngster work q. Precludes separation in recruiting r. Orders equivalent compensation for equivalent work, paying little heed to sex s. Sets up the lowest pay permitted by law t. All are arrangement of the FLSA 5. Which of the accompanying bases for segregation in work rehearses isn't canvassed in Title VII of the social liberties Act of 1964 as corrected? u. Shading v. National starting point w. Age x. Religion y. Sex 6. Medicare is a two=part medical coverage program that was a piece of a revision to what act? z. Government Insurance Contributions Act . Government Unemployment Tax Act |. Government Income Tax Withholding Law }. Age Discrimination in Employment Act ~. Reasonable Labor Standards Act 7. Which of the accompanying demonstration manages the lowest pay permitted by law paid to workers for contractu al workers who gracefully materials to any organization of the United States? . Walsh-Healey Public Contracts . Davis-Bacon . NcNamara-O’Hara Service Contract . None of these decisions are right . Government Insurance Contributions 8. Which of coming up next is utilized to finish each employee’s Form W-2, Wage and Tax Statement? Change in finance rate structure . Employee’s singular retirement account . Finance register . Employee’s procuring record . Employee’s check 9. Which of the accompanying things doesn't generally show up on both the finance register and the employee’s profit record in the week after week finance recording? . Net measure of the check . Total income . Net week by week pay . Government annual expense deducted . These decisions show up on the two records 10. The employee’s income record is a posting of a firm’s complete finance for each payroll interval. . Genuine . Bogus