Payroll exam 2024 - Study guides, Class notes & Summaries

Companies usually provide a separate column in the payroll register to record the employers payroll taxes - correct answers False An employer will use the payroll register to keep track of an employees accumulated wages - correct answers False Deduction from gross pay in the payroll register are reflected on the credit side of the journal entry to record the payroll - correct answers True If wages are paid weekly, postings to the employees earnings record would be done once a month - co...

MHA 702 Exam 2 Questions & Answers 2023/2024 HR tasks can divided into 3 categories - ANSWER-Common HR tasks Less common HR tasks Uncommon tasks for HR department common HR tasks (typical) - ANSWER-•Nearly universal HR tasks: -Employment and recruitment -Compensation and benefits administration (policy level more than logistics) -Employee relations Labor relations (unionized) Less common HR tasks (frequent) - ANSWER-•Employee health and safety (exceptions) •Training and d...

PAYROLL FUNDAMENTALS EXAM BANK 2024 | 3 ACTUAL EXAM VERSIONS WITH 150 QUESTIONS AND ANSWERS AND A STUDY GUIDE | EXPERT VERIFED FOR GUARANTEED PASS | LATEST UPDATE

Federal Unemployment Tax Act correct answersFederal social security program Federal Unemployment Tax is borne entirely by correct answersThe employer State Unemployment Tax Act correct answersState Unemployment compensation program State Unemployment Tax Act is levied only on correct answersThe employer Employer Payroll taxes are usually recorded at the same time as correct answersthe payroll is journalized Preparation of payroll tax returns correct answerspayroll department Pa...

IPPS A DL FINAL EXAM HR PROFESSIONAL / PAYROLL SPECIALIST | ALL QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ | LATEST EXAM 2024

To determine which subscription level best fits your clients' needs, ask them if they... correct answersNeed same-day direct deposit, time- or project tracking, expert setup service for onboarding, 24/7 support, tax penalty protection, or an HR advisor. Your client Kalvin wants a payroll solution for his rapidly expanding construction business. He's looking for something that can adapt to more employees, calculate taxes for several states, and manage employee benefits such as health insuran...

vacation pay correct answersUnder the FLSA regular rate of pay does not include: $7.25 correct answersIn August 2012 the minimum hourly wage was the amount of tips actually received by the employee correct answersThe tips received y a tipped emplouee are less than $5.12 of the minimum hourly tip credit rate. The maximum permissible tip credit is all hours worked in excess o 40 in a workweek correct answersUnder the FLSA overtime opay is required for none of the above (emplyee pd by h...

Under the Equal Payroll Act correct answerswage differentials based on a senority system are allowed. The FICA tax rates to be paid by employers are: correct answers(OASDI) 6.2% (HI) 1.45% Under the Federal income tax withholding law,_________________ is not defined as an employee. correct answersa partner The current minimum hourly wage is : correct answers7.25 ____________________________ payments are not taxable for FICA. correct answerswage supplements to cover the difference bet...

PAYROLL FUNDAMENTAL MIDTERM EXAM 2024 NEWEST ACTUAL EXAM COMPLETE QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) /ALREADY GRADED A+

PAYROLL FUNDAMENTALS CERTIFICATION EXAM 2024 NEWEST COMPLETE 120 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) / ALREADY GRADED A+