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Exam (elaborations)

FPC Review Questions & Answers

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  • Course
  • FPC - Fundamental Payroll Certification
  • Institution
  • FPC - Fundamental Payroll Certification

FPC Review Questions & Answers An employee works from midnight to 8:00am on a company paid holiday but does not work more than 40 hours during the workweek. Under the FLSA, the employee must be paid... a) At least the federal minimum wage for all hours worked b) Time and one half for working the...

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  • October 18, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • FPC - Fundamental Payroll Certification
  • FPC - Fundamental Payroll Certification
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FPC Review Questions & Answers
An employee works from midnight to 8:00am on a company paid holiday but does not
work more than 40 hours during the workweek. Under the FLSA, the employee must be
paid...
a) At least the federal minimum wage for all hours worked
b) Time and one half for working the holiday
c) A shift differential for working the late-night shift
d) Double time for working the holiday - answer a) At least the federal minimum
wage for all hours worked

Under the FLSA, a nonexempt employee's regular rate of pay calculation includes:
a. Paid sick leave
b. Production bonuses
c. Discretionary bonus
d. Paid vacation leave - answer b. Production bonuses

A nonexempt employee is provided room and board. Under the FLSA, the employee's
regular rate of pay calculation includes:
a. 100% of the value of room and board
b. 100% of the value of the room and 50% of the value of the board
c. None of the value of the board and 50% value of the room
d. None of the value of the room and board - answer a. 100% of the value of room
and board

Determine the regular rate of pay for an employee who earns $9 an hour for 45 hours
and received an anniversary gift valued at 100.
a. $9.00
b. $9.33
c. $10.33
d. $10.50 - answer a. $9.00

Under the FLSA, the calculation of a nonexempt employee's regular rate of pay should
NOT include
a. Noncash payments
b. Shift differential
c. Commission
d. Discretionary Bonus - answer d. Discretionary Bonus

Under the FLSA, when an employee is paid more than one rate of pay during a
workweek, what is the employee's regular rate of pay?
a. The average of two, or more, pay rates
b. The lowest pay rate
c. The highest pay rate

, d. The weighted average of the rates based on the hours worked - answer d. The
weighted average of the rates based on the hours worked

Nonqualified deferred compensation plans generally contain all of the following options
except:
a. only highly compensated employees are eligible to participate
b. provisions for only key employees
c. discrimination in favor of highly compensated employees
d. equal benefits for all employees - answer d. equal benefits for all employees

For non-tax debts owed to the federal government, the Debt Collection Improvement
Act (DCIA) authorizes federal agencies to:
a. garnish an employee's wages without a court order
b. restrict state regulations for creditor garnishments
c. garnish no more than 10% of an employee's disposable wages
d. prioritize a bankruptcy order over a tax levy that is already in place - answer a.
garnish an employee's wages without a court order

What is the maximum amount an employer can withhold from an employee's disposable
pay of $505.00 each week for a creditor garnishment?
a. $101.00
b. $126.25
c. $176.75
d. $287.50 - answer b. $126.25

($7.25)(30) = $217.50
($505)(0.25) = $126.50
The lesser of the two

An employee earns $1278.74 semi-monthly and has a creditor garnishment of $30
when the federal tax levy of $1000 is received. The IRS exempts $395.83 each pay
period from the levy. The employee's withholding for federal income tax, social security,
and Medicare taxes are $397.92. Calculate the amount to be deducted for the federal
levy each pay period.
a. $394.99
b. $395.83
c. $424.99
d. $454.99 - answer a. $394.99

$1218.74 - 397.92 - 30.00 = $790.83
$790.83 - $395.83 = $394.99

Bankruptcy court orders take priority oover all other involuntary deductions except for:
a. Federal Tax Levy
b. Federal Administration garnishment
c. Student Loan

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