Week 4 Chapter 56

Question 1

Which of the following employees would qualify for workers compensation

Answer 1

An employee who sustained a crushing injury to the leg at work

Question 2

A person named as a dependent is_

Answer 2

A person who is financially dependent on the Employee

Question 3

How often are federal employment taxes deposited for the practice

Answer 3

According to the federal tax deposits schedule

Question 4

Which of the following insurers employees against possible loss of income resulting from a work related injury, disability, or disease

Answer 4

Workers compensation

Question 5

Form W-2 serves which of the following purposes

Answer 5

It shows the employees total income for the previous year

Question 6

Which of the following statements applies to an electronic funds transfer system

Answer 6

The employee does not have to worry about losing the paycheck

Question 7

An example of a voluntary deduction from an employee’s paycheck is

Answer 7

Health insurance premium payments

Question 8

The tax in which 1/2 is paid by the employer and the other half is withheld from the employee’s paycheck is

Answer 8

FICA

Question 9

An employee’s W - 4 form should be

Answer 9

Updated yearly

Question 10

Karen works 40 hours a week at a popular tourist attraction and earns a weekly salary of $400 this week due to the 4th of July crowds she was asked to work another 10 hours having worked 50 hours this week how much can Karen expect to earn for this week

Answer 10

$400

Question 11

Which position is usually paid by commission

Answer 11

Sales person

Question 12

Which of the following does the fair labor standards act primarily effect

Answer 12

Employees who earn hourly wages

Question 13

What is the term for the total amount of income earned by an employee before deductions are subtracted

Answer 13

Gross earnings

Question 14

Generally employee must pay what percent of FUTA tax which is applied to the 1st $7000 of employees income for a year if an employee’s wages total more than $1500 and any quarter

Answer 14

6.2%

Question 15

Alyssa was administering an IM injection of an antibiotic to Bobby, a 7 year old child Bobby was very nervous about getting a shot, so his mother was standing near him, with her arm around him for an encouragement as Alyssa was removing the needle from bobby’s arm he jerked suddenly and the tip of the needle grazed bobby’s mother’s forearm, breaking the skin Which of the following forms will Alyssa need to complete

Answer 15

Incident report

Question 16

Every 3 months a more complete accounting of federal taxes is required on the

Answer 16

Employees quarterly federal tax return

Question 17

On which form will the number of dependents an employee is claiming for tax purposes be found

Answer 17

Form W - 4

Question 18

An employee payroll information sheet should include

Answer 18

The employees social security number

Question 19

If an employee earns $8 per hour and works 35 hours per week the gross weekly earnings are

Answer 19

$280

Question 20

A pay schedule

Answer 20

Shows how often an employee is paid

Question 21

If an employee’s paycheck is made out for $300, what should his net earnings be

Answer 21

$300

Question 22

An example of a required deduction From an employee’s paycheck is

Answer 22

FICA tax

Question 23

Which of the following pertains to a payroll register

Answer 23

It summarizes information about all employees and their earnings

Question 24

Which of the following is mandated for hourlyemployees by the fair labor standards act

Answer 24

Time and a 1/2 for all hours worked beyond the normal 8 hours in a regular workday

Question 25

Another name for the employee quarterly federal tax return is

Answer 25

Form 941