For her 10 years of service, an employee was given a gold necklace valued at $100. Which of the following is true?
Which of the following plans can discriminate in favor of highly compensation employees?
Checking inputs or outputs against predetermined constraints is called:
Salaries earned but not yet paid in the current month must be recorded as:
When an employee is overpaid and the repayment occurs in the same year, the repayment requested is the employee's
If an employee provides an invalid form w4, the employer must:
when does an employer stop deducting a federal tax levy from an employee's wages?
You receive a letter of inquiry concerning an employee. What should you do?
When making a supplemental wage payment to an employee whose supplemental YTD wages exceed $1,000,000 what tax rate is used to calculate federal income tax withholding?
If you need very rapid response time with minimal lag between input and output into your computer system, look for:
For a payment after the employees death in the year AFTER the death, what taxes, if any, will be withheld?
Which plan is specifically set up for government employees?
Which of the following is the best method of guarding against phantom employees?
When paying supplemental wages, when must the aggregate withholding method be used?
In what part of a 2020 form w4 does an employee claim dependents?
All of the following are payroll control procedures EXCEPT:
At the beginning of the year, an employee elected to buy group term life insurance as part of his benefit package through his companys cafeteria benefit plan. in may he took out an individual life insurance policy. since he no longer needs group coverage, he wants to replace the insurance option with increase contributions to his 401k plans. is this possible?
All of the following regulate payments made by DD EXCEPT:
In 2020, an employer must pay social security tax on an employees wages up to:
When supplemental wages are paid at the same time as regular wages, how are withholding taxes computer?
All of the following statements about FLSA overtime regulations are true EXCEPT:
All of the following issues are concerns of external auditors except:
Last week, a high school teacher spent 40 hours in the classroom, worked 10 hours grading papers and was required to put in another 8 hours on saturday at the school sponsored science fair. under the FLSA, what overtime hours, if any, must the teacher be paid?
Which of the following records must be kept for 4 years:
The owners of a company want to set up a retirement program for themselves, but do not want to make contributions on behalf of their employees. all of their employees are under age 30. What can they do?
All of the following types of employees are classified as exempt from the FLSAs min wage and OT requirements except:
A semiweekly depositor has a liability of $79,000 from Weds payday and a liability of $50,000 from Friday's payday. The deposit is due by the:
All of the following are reasons payroll keeps records except:
What does an employer use to calculate the amount to withhold for an IRS tax levy?
A semiweekly depositor that has a payroll tax liability of $50,000 from a Monday payroll must deposit the liability by:
One of the options in an employee's cafeteria benefit plan is a dependent care flexible spending account. He earmarked $100 per month to the account to pay for child care but spend only $1000 by the end of the plans grace period. at the end of the grace period, what happens to the $200 left in the account?
All of the following features are present in a qualified plan except:
Which of the following events would require an employee to fill out an amended form w4 within 10 days of its occurrence?
a retail sales clerk took advantage of the company's employee discount program to purchase clothes at 10% off the normal retail price. this service represents:
All of the following are tax implications of a cafeteria plan except:
All of the following deferred compensation plans limit the employee to making a deferral contribution of $19,500 in 2020 except:
Internal control procedures include all of the following except:
If a state wage and hour law requires that a nonexempt employee be paid an overtime premium when the employee works more than 8 hours in a day and the employee works the following schedule, how many overtime hours must the employee be paid?
sun-5
mon-7
tues-6
weds-8
thurs-10
fri-8
sat-6
A receptionist has agreed to work afternoons at the company until the company can find a full time replacement. what is the receptionists status?