Question 1

The USERRA legislation provided the following:
A)Military service members receive mandatory priority during the hiring process.
B)Military service members receive preferential treatment for promotions and raises during the normal course of business.
C)Military members must receive the same promotions and compensation that they would have received when they return from active duty.
D)Injured military veterans must be allowed to return to work,but their compensation may be reduced based on their disability.

Accepted Answer

USERRA (Uniformed Services Employment and Reemployment Rights Act) ensures that military members are entitled to the same promotions and compensation they would have received had they not been called to active duty.

Question 2

The Worker's Compensation Act of 1935 legislated the payment of worker's compensation insurance.

Accepted Answer

The actual date of the Worker's Compensation Act is 1915, not 1935.

Question 3

The Lilly Ledbetter Act of 2009 was the first act that mandated equal pay for men and women who perform identical tasks.

Accepted Answer

The Lilly Ledbetter Act of 2009 expanded the time limit on filing pay discrimination claims, but did not mandate equal pay for identical tasks. The Equal Pay Act of 1963 already prohibited paying men and women differently for identical work.

Question 4

Payroll-related legislation often reflects emerging issues in societal evolution.

Accepted Answer

Payroll-related legislation is impacted by changes in laws, cultural norms, and societal trends. For example, changes in minimum wage laws or the legalization of same-sex marriage can affect payroll practices and policies.

Question 5

Payroll accounting systems may involve an integrated software package that contains business-planning tools.

Accepted Answer

Payroll accounting systems can be integrated with software packages that contain business-planning tools to help with overall financial management.

Question 6

Payroll taxes were instituted by the 16th Amendment to the United States Constitution:
A)To pay for governmental salaries.
B)To make money from businesses that had employees.
C)To fund infrastructure improvements of booming cities.
D)To penalize people who needed employment.

Accepted Answer

The answer of Payroll taxes were instituted by the 16th...

Question 7

Which Act extended medical benefits for certain terminated employees?
A)ADEA
B)COBRA
C)OSHA
D)ERISA

Accepted Answer

COBRA, or the Consolidated Omnibus Budget Reconciliation Act, extended medical benefits for certain terminated employees. It allows terminated employees to continue receiving health insurance coverage for a period of time after termination, but they are required to pay the full cost of the premiums. This helps ensure that employees who lose their jobs do not lose their health insurance coverage as well.

Question 8

The U.S.v.Windsor case repealed an Act and affected payroll tax withholdings for certain employees.Which Act did Windsor repeal?
A)OSHA
B)ARRA
C)ATRA
D)DOMA

Accepted Answer

The U.S. v. Windsor case repealed the Defense of Marriage Act (DOMA), which defined marriage as between one man and one woman for federal purposes. This affected payroll tax withholdings for certain employees, as same-sex couples who were legally married were now entitled to the same tax benefits as opposite-sex couples.

Question 9

The use of outsourced payroll relieves employers of the responsibility for payroll accuracy.

Accepted Answer

Although outsourcing payroll may transfer some of the responsibility for payroll processing, ultimately the employer is still legally responsible for accuracy and compliance with labor laws.

Question 10

Employment legislation during the 1930s included which of the following Acts:
A)FLSA,FUTA,and FICA.
B)ADEA,Davis-Bacon Act,and FLSA.
C)Walsh-Healey Act,FICA,and ERISA.
D)FUTA,ADA,and FLSA.

Accepted Answer

The Fair Labor Standards Act (FLSA) and the Federal Unemployment Tax Act (FUTA) were enacted in the 1930s. The Federal Insurance Contributions Act (FICA) was also enacted during this period.

Question 11

The Age Discrimination in Employment Act (ADEA)prohibits discrimination in employment practices for workers who are older than age 50.

Accepted Answer

The Age Discrimination in Employment Act (ADEA) prohibits employment discrimination against persons 40 years of age or older.

Question 12

The payroll volume tends to be greater for small companies than for large businesses.

Accepted Answer

The payroll volume tends to be greater for large businesses due to the larger number of employees they have compared to small companies.

Question 13

According to FMLA,during the time that an employee is on family leave:
A)The employer must not contact the employee during the leave.
B)The employee is responsible for staying in touch with the employer.
C)The employer may make changes to the employee's benefits.
D)The employer is responsible for alerting the employee to changes in processes and benefits.

Accepted Answer

The employer is responsible for communicating any changes in processes and benefits to the employee while they are on family leave. The employer should also ensure that the employee knows how to stay in touch if any issues arise during the leave. Therefore, option D is the correct answer.

Question 14

Internal payroll reports are used to inform a firm's managers and decision-makers about labor costs.

Accepted Answer

Internal payroll reports provide information related to labor costs, including salaries, wages, benefits, and taxes paid to employees. This information is crucial for managers to make informed decisions about budgeting, staffing, and compensation policies.

Question 15

The IRS uses EINs to track employers for tax purposes.

Accepted Answer

EINs (Employer Identification Numbers) are used by the IRS (Internal Revenue Service) to track employers for tax purposes.

Question 16

Within how many days after initially commencing work must an employer report a new employee,according to PRWOR?
A)7
B)10
C)20
D)30

Accepted Answer

According to the Personal Responsibility and Work Opportunity Reconciliation Act (PRWOR), employers must report a new employee within 20 days of their start date.

Question 17

The Sarbanes-Oxley Act legislated penalties for violations of which Act?
A)HIPAA
B)ERISA
C)PRWOR
D)DOMA

Accepted Answer

The Sarbanes-Oxley Act (SOX) is a US federal law that was enacted in response to the financial reporting scandals that occurred in the early 2000s, such as the Enron scandal. SOX regulates financial reporting and accounting practices, and it requires public companies to establish internal controls over financial reporting. The act created penalties for violations of the Employee Retirement Income Security Act (ERISA), which is a federal law that governs employee benefit plans.

Question 18

The ethical principle of due care pertains to the upholding of rights and justice of stakeholders.

Accepted Answer

The ethical principle of due care primarily focuses on the obligation to prevent harm and ensure the safety of products or services, rather than directly on upholding rights and justice of stakeholders.

Question 19

The purpose of payroll legislation is to:
A)Increase the complexity involved in compensating employees.
B)Protect the rights of employees by legislating workplace equity.
C)Generate increased tax revenue for governmental entities.
D)Promote governmental involvement in business activities.

Accepted Answer

The purpose of payroll legislation is to protect the rights of employees by ensuring fairness in compensation, benefits, and working conditions. It sets minimum wage rates, overtime pay rules, and regulations for payroll deductions such as taxes, social security, and benefits. It also establishes laws against discrimination, harassment, and unfair labor practices to safeguard the workplace equity.

Question 20

The Age Discrimination in Employment Act of 1967 prevented mandatory retirement for workers over the age of:
A)55.
B)50.
C)45.
D)40.

Accepted Answer

The Age Discrimination in Employment Act of 1967 protects employees 40 years of age and older from discrimination based on age, including mandatory retirement policies.

Quiz 1: Payroll Practices and System Fundamentals

The USERRA legislation provided the following:

The Worker's Compensation Act of 1935 legislated the payment of worker's compensation insurance.

The Lilly Ledbetter Act of 2009 was the first act that mandated equal pay for men and women who perform identical tasks.

Payroll-related legislation often reflects emerging issues in societal evolution.

Payroll accounting systems may involve an integrated software package that contains business-planning tools.

Payroll taxes were instituted by the 16th Amendment to the United States Constitution:

Which Act extended medical benefits for certain terminated employees?

The U.S.v.Windsor case repealed an Act and affected payroll tax withholdings for certain employees.Which Act did Windsor repeal?

The use of outsourced payroll relieves employers of the responsibility for payroll accuracy.

Employment legislation during the 1930s included which of the following Acts:

The Age Discrimination in Employment Act (ADEA)prohibits discrimination in employment practices for workers who are older than age 50.

The payroll volume tends to be greater for small companies than for large businesses.

According to FMLA,during the time that an employee is on family leave:

Internal payroll reports are used to inform a firm's managers and decision-makers about labor costs.

The IRS uses EINs to track employers for tax purposes.

Within how many days after initially commencing work must an employer report a new employee,according to PRWOR?

The Sarbanes-Oxley Act legislated penalties for violations of which Act?

The ethical principle of due care pertains to the upholding of rights and justice of stakeholders.

The purpose of payroll legislation is to:

The Age Discrimination in Employment Act of 1967 prevented mandatory retirement for workers over the age of: