Chapter 1-Payroll

question

The business operation that is almost completely governed by state, federal and local laws?
answer

The Payroll system
question

The American Payroll Association?
answer

offers membership to anyone interested in Payroll
question

The Fair Labor Standards Act deals with?
answer

The minimum wage
question

The Federal Insurance Contributions Act (FICA)?
answer

mandates a tax on both employees and employers
question

The Americans with Disabilities Act
answer

prohibits discrimination against qualified people who are disabled
question

The immigration reform and control act of 1986.
answer

prohibits employers from hiring aliens unauthorized to work in the United States.
question

The law requiring a minimum wage be set by the Secretary of Labor
answer

Davis-Bacon Act of 1931
question

The Employment Retirement Income Security Act of 1974
answer

was designed to ensure employees covered by pension plans receive their vested benefits.
question

Workers Compensation
answer

provides benefits to employees’ medical bills
question

Before the payroll Department is able to select and notify a successful candidate that he/she has been hired the must
answer

The human resource department examines applications and interview qualified applicants
question

Job descriptions are prepared in order to
answer

protect a company from discrimination charges in hiring practices
question

An Employee History Record
answer

is used to record the relationship between an employer and an employee
question

An “at-will” employee
answer

can be terminated for any nondiscriminatory reason
question

Outsourcing payroll
answer

may be an affordable option for small businesses
question

What is a small employer?
answer

employers with fewer than 50 full-time equivalent employees with average annual wages of less than $50,000
question

What is a applicable large employers?
answer

employers with 50 or more full-time employees during the previous year.
question

What are fair employment practices?
answer

laws that deal with discrimination on the basis of age, race, color, religion, gender, or national origin as a condition of employment.
question

What is an executive order?
answer

regulations issued by the federal government that ban, in employment on government contracts, discrimination based on race, color, religion, sex, or national origin
question

What is Form I-9, Employment Eligibility Verification?
answer

form that lists the documents an employee must furnish to the employer; they identify the employee and, if an alien, verify authorization to work in the United States
question

What is vesting?
answer

the process of conveying to employees the right to share in a retirement fund in the event they are terminated before the normal retirement age.
question

What are disability benefits?
answer

payments to employees who are absent from their jobs because of illness, accident, or disease not arising out of their employment.
question

What is the human resources system?
answer

those procedures and methods related to recruiting selecting, orienting, training, and terminating personnel.
question

What is requisition for personnel?
answer

document submitted by a department head to the Human Resources Department asking for additional or replacement employees.
question

What is an application form?
answer

personnel record which gives the applicant an opportunity to provide complete information as to personal qualifications, training, and experience.
question

What are pre-hire inquiries?
answer

questions asked in the employment interview and on application forms, resumes of experience or education required of an applicant, and any kind of written testing.
question

What is a reference inquiry form?
answer

document used by the employer to investigate the references given on the application blank by the job applicant
question

What is an investigative consumer report?
answer

study done by a consumer reporting agency on a job applicant or current employee concerning the individual’s character, general reputation, and mode of living
question

What is a hiring notice?
answer

form that is sent to the Payroll Department so that new employees are properly added to the payroll.
question

What is a change in payroll rate form?
answer

document that notifies the proper departments of a change in the employee’s rate of remuneration.
question

What is the payroll accounting system?
answer

those procedures and methods related to the disbursement of pay to employees

Get instant access to
all materials

Become a Member