In the context of fringe benefits, the term "discriminatory plan" refers to a plan that disproportionately favors:
Which of the following records MUST be kept for four years?
Which of the following is one of the purposes of a job description?
Employees who are not eligible for direct deposit and receive paychecks sent through the mail are constructively paid:
Which of the following represents the best way of addressing an issue of an employee's poor task performance?
When paying supplemental wages along with regular wages WITHOUT specifying the amount of each, how would a company determine the amount of income tax to withhold from the supplemental wages if the employee has been paid no supplemental wages so far during the year and the supplemental wage payment is no more than $1,000?
Which form is used to request an employer identification number?
An accrual entry of $1,000 was made in 2008 for a bonus to be paid in January 2009. The bonus was paid in 2009 and federal income tax (using the supplemental rate) and FICA tax were paid by the employer. Which of the following is the correct entry to record the disbursement of the bonus in January 2009?
Which of the following is important when planning a problem-solving meeting?
One of the key concepts in total quality management is:
Under the federal requirements, a restaurant establish me with 10 or more employees is required to report allocated tips if reported tips are less than what percentage of gross receipts?
In the first monthly accounting period of a company's fiscal year, which of the following occurs?
Which for the following statements is true?
Under the existing NACHA rules, amounts transmitted to the RDFI by 5:00 p.m. the day before payday must be posted to employees' accounts no later than:
Which of the following is the most logical order of events in a system implementation?
The term used to describe the breaking away from traditional theories and perceptions is:
Which of the following accounts has a normal debit balance?
Under FLSA, how many hours must be paid at the overtime rate of pay for the following biweekly period assuming the employer is a hospital qualified under the special provisions of the FLSA?
Company deadlines for payroll data input documents are essential for:
Under FLSA, how many hours would be paid a time and one half for the following biweekly period, assuming that the employee is a health care professional paid under the special FLSA rules?
The employer must withhold FICA and federal income taxes, and pay FUTA tax, when the employee's tips exceed what amount?
Which of the following would NOT be defined as a tax-deferred benefit?
Brenda receives a prize as a winner of a sales contest. The prize, which is paid from her sales manager's petty cash account, is $25. Which of the following best represents the impact on her taxable wages?
Which of the following best represents compliance under Section 404 of Sarbanes Oxley?
In a relational database, a field is represented as:
Certain company records must be retained for four years to comply with regulations of which of the following agencies?
Employee Jack, a nonexempt employee, must travel by plane from Chicago to Houston to inspect the security system recently, installed at a client's site. Jack is normally scheduled to work from 8:00 a.m. to 5:00 p.m., Monday through Friday. Jack arrives at Chicago O'Hare airport on Sunday at 4:00 p.m. and lands at Houston Intercontinental airport at 6:00 p.m. Jack begins work at 8:00 a.m. on Monday, works through lunch, and returns to the airport for his return flight at 5:00 p.m. He arrives in Chicago at 7:00 p.m. Monday evening. Under FLSA, how many hours of pay are due Jack for Sunday and Monday?
As part of the implementation of a new payroll system, all transactions from the most recent actual payroll are processed in the new system prior to using the system to run payrolls. This is an example of what type of testing?
The primary responsibility of Professional Employer Organizations is:
What is the amount reported in box 12, and what code is used?
An employer that deposits payroll taxes semiweekly incurs a tax liability of $55,000 on Tuesday and a liability of $110,000 on Wednesday. When should the taxes be deposited?
One reason many companies use a Zero Balance checking account is that:
The term Workforce Management refers to:
What does it mean if, at the end of an accounting period, a company has a debit balance in a liability account?
A salaried-exempt executive employee is unable to work for two days in the work week because the office is closed for remodeling. The employee's weekly guaranteed salary is $500. Under FLSA what amount must this employee be paid for he work week?
Which of the following describes a plan involving the entire organization for carrying on a company's business in the event of a major disaster?
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