To enhance my knowledge of payroll laws and processing and to further my career goals
What is a great reason to take this Payroll Accounting Class
100
Federal employment laws do not apply to payments made to these types of professionals, etc.
What is an Independent Contractor?
100
Federal Insurance Contribution Act abbreviation
What is FICA?
100
Beats me. Sounds like a commercial for payroll accounting class.
What is the reason for the $100 question in the general stuff category?
100
Is calculated by mutiplying the number of units produced by a rate per unit
What is piece-rate or piece-work pay system
200
Kipley Company
What is the name of the company used for our continuing payroll problem
200
Forbids employment discrimination based on race, color, religion, gender, or national origin.
What is the CIVil Rights Act of 1964?
200
Made up of OASDI and HI
What is FICA?
200
The term often used to refer to highly paid employees in executive positions (no, not that!!) derived from a part of the clothes they wear to work?
What is white collar worker?
200
Multiply the amount of pay by 24 to arrive at the annual amount of pay.
What is the first step in calculating the overtime rate for an employee paid semi-monthly?
300
Certain workers who by law are covered under various payroll tax laws and programs when they would generally not be considered employees.
What is a Statutory Employee.
300
Filed quarterly to report Federal Income Tax withheld and FICA taxes due.
What is the 941 Employer's Quarterly Federal Tax Return?
300
The two parts of FICA that are commonly referred to as Social Security and Medicare.
What is Old Age Survivor and Disability Insurance (OASDI) and Hospital (Health) Insurance (HI)
300
Pays both the employee and matching employer portion of FICA taxes. (SECA)
What is a self employed individual who earns a certain amount of self employment income?
300
Multiply the rate of pay by 12 to arrive at the annual amount of pay.
What is the first step in calculaing an overtime rate for an employee paid monthly.
400
Generally are not employees of a partnership.
What is a partner?
400
Requires many employers to grant workers unpaid leave for a family or medical emergency
What is the Family and Medical Leave Act of 1993.
400
$113,700 *****Daily Double*****
What is the current earnings limit subject to Social Security Taxes?
400
6.2% and 1.45%
What is the percentage amount that an employer must match for Social Security (OASDI) and Medicare (HI) Taxes?
400
Commission
What is a stated percentage of revenue paid to an employee that is often based on a sales quota?
500
A complete listing of 1) all employees and their payroll calculations done each pay period by the employer and 2) The record on which each individual's pay information is recorded each pay period.
What is a payroll register and an employee earnings record?
500
The organization to which you would report discriminatory employment practices.
What is the Equal Employment Opportunity Commission (EEOC)?
500
6.2% and 1.45%
What is the current percentage amount withheld for Social Security (OASDI) and Medicare (HI) Taxes?
500
What you might say if your team dosen't win at Payroll Accounting Jeopardy.
What is " Are you kidding me? You mean we lost to them?"
500
The amount of weekly pay to consider as part of the overtime exemption test for white-collar workers