100% tevredenheidsgarantie Direct beschikbaar na betaling Zowel online als in PDF Je zit nergens aan vast
logo-home
Payroll Accounting 5Th Ed by Jeanette Landin - Test Bank €30,19   In winkelwagen

Tentamen (uitwerkingen)

Payroll Accounting 5Th Ed by Jeanette Landin - Test Bank

 3 keer bekeken  0 keer verkocht
  • Vak
  • Instelling

Test Bank For Payroll Accounting 5Th Ed by Jeanette Landin Complete Test Bank

Voorbeeld 4 van de 261  pagina's

  • 8 oktober 2023
  • 261
  • 2023/2024
  • Tentamen (uitwerkingen)
  • Vragen en antwoorden
avatar-seller
,Payroll Accounting 2019, 5e (Landin)
Chapter 1 Payroll Practices and System Fundamentals

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

Answer: TRUE
Difficulty: 1 Easy
Topic: Identify Legislation That Pertains to Payroll and Business
Learning Objective: 01-01 Identify Legislation That Pertains to Payroll and Business
Bloom's: Understand
AACSB: Communication
Accessibility: Keyboard Navigation

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

Answer: FALSE
Explanation: The Equal Pay Act of 1963 was the first legislation that addressed pay equity.
Difficulty: 1 Easy
Topic: Identify Legislation That Pertains to Payroll and Business
Learning Objective: 01-01 Identify Legislation That Pertains to Payroll and Business
Bloom's: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation

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

Answer: FALSE
Explanation: ADEA protects workers who are older than age 40.
Difficulty: 1 Easy
Topic: Identify Legislation That Pertains to Payroll and Business
Learning Objective: 01-01 Identify Legislation That Pertains to Payroll and Business
Bloom's: Remember
AACSB: Diversity
Accessibility: Keyboard Navigation

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

Answer: TRUE
Difficulty: 2 Medium
Topic: Identify Legislation That Pertains to Payroll and Business
Learning Objective: 01-01 Identify Legislation That Pertains to Payroll and Business
Bloom's: Analyze
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
1
Copyright © 2019 McGraw-Hill Education. All rights reserved.
No reproduction or distribution without the prior written consent of McGraw-Hill Education.

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

Answer: FALSE
Explanation: No federal legislation exists regarding the payment of worker's compensation
insurance.
Difficulty: 1 Easy
Topic: Discuss the Legal Framework Specific to Payroll Accounting
Learning Objective: 01-02 Discuss the Legal Framework Specific to Payroll Accounting
Bloom's: Understand
AACSB: Communication
Accessibility: Keyboard Navigation

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

Answer: FALSE
Explanation: The principle of due care pertains to the accountant's professional competence.
Difficulty: 2 Medium
Topic: Discuss the Ethical Guidelines for Payroll Accounting
Learning Objective: 01-03 Discuss the Ethical Guidelines for Payroll Accounting
Bloom's: Apply
AACSB: Ethics
Accessibility: Keyboard Navigation

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

Answer: TRUE
Difficulty: 1 Easy
Topic: Identify Contemporary Payroll Practices
Learning Objective: 01-04 Identify Contemporary Payroll Practices
Bloom's: Understand
AACSB: Technology
Accessibility: Keyboard Navigation

8) The IRS uses EINs to track employers for tax purposes.

Answer: TRUE
Difficulty: 1 Easy
Topic: Identify Contemporary Payroll Practices
Learning Objective: 01-04 Identify Contemporary Payroll Practices
Bloom's: Remember
AACSB: Communication
Accessibility: Keyboard Navigation

2
Copyright © 2019 McGraw-Hill Education. All rights reserved.
No reproduction or distribution without the prior written consent of McGraw-Hill Education.

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

Answer: FALSE
Explanation: Payroll volume is lower for small companies because the number of employees is
smaller, which leads to a lower number of payroll transaction.
Difficulty: 1 Easy
Topic: Compare Payroll Processing Options for Different Businesses
Learning Objective: 01-05 Compare Payroll Processing Options for Different Businesses
Bloom's: Understand
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation

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

Answer: FALSE
Explanation: The employer is responsible for payroll accuracy regardless of who processes it.
Difficulty: 2 Medium
Topic: Compare Payroll Processing Options for Different Businesses
Learning Objective: 01-05 Compare Payroll Processing Options for Different Businesses
Bloom's: Analyze
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation

11) 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.

Answer: D
Difficulty: 1 Easy
Topic: Identify Legislation That Pertains to Payroll and Business
Learning Objective: 01-01 Identify Legislation That Pertains to Payroll and Business
Bloom's: Understand
AACSB: Diversity
Accessibility: Keyboard Navigation




3
Copyright © 2019 McGraw-Hill Education. All rights reserved.
No reproduction or distribution without the prior written consent of McGraw-Hill Education.

Voordelen van het kopen van samenvattingen bij Stuvia op een rij:

Verzekerd van kwaliteit door reviews

Verzekerd van kwaliteit door reviews

Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!

Snel en makkelijk kopen

Snel en makkelijk kopen

Je betaalt supersnel en eenmalig met iDeal, creditcard of Stuvia-tegoed voor de samenvatting. Zonder lidmaatschap.

Focus op de essentie

Focus op de essentie

Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!

Veelgestelde vragen

Wat krijg ik als ik dit document koop?

Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.

Tevredenheidsgarantie: hoe werkt dat?

Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.

Van wie koop ik deze samenvatting?

Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper ExamsExpert. Stuvia faciliteert de betaling aan de verkoper.

Zit ik meteen vast aan een abonnement?

Nee, je koopt alleen deze samenvatting voor €30,19. Je zit daarna nergens aan vast.

Is Stuvia te vertrouwen?

4,6 sterren op Google & Trustpilot (+1000 reviews)

Afgelopen 30 dagen zijn er 78252 samenvattingen verkocht

Opgericht in 2010, al 14 jaar dé plek om samenvattingen te kopen

Start met verkopen
€30,19
  • (0)
  Kopen