PAYROLL FUNDAMENTALS EXAM BANK 2024 | 3 ACTUAL EXAM VERSIONS WITH 150 QUESTIONS AND ANSWE, Exams of Accounting

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PAYROLL FUNDAMENTALS EXAM BANK 2024 | 3 ACTUAL

EXAM VERSIONS WITH 150 QUESTIONS AND ANSWERS AND

A STUDY GUIDE | EXPERT VERIFED FOR GUARANTEED

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During the workweek, a high school teacher spent 39 hours in the classroom, worked 10 hours grading papers and was required to work 6 hours on Saturday at a school-sponsored science fair. Under the FLSA, for how many overtime hours, if any, must the teacher be paid? 0 "Under the FLSA, a workweek starts on:

1. any day at any time.
2. Friday at 5 p.m.
3. Monday at midnight.
4. Sunday at midnight." 1 "All of the following situations satisfy federal minimum wage requirements, EXCEPT: 1. a part- time employee is paid $6.60 per hour.
5. a part-time employee is paid $166.50 for working 18 hours.
6. an employee, age 18, is paid $232.00 for working 32 hours in his first week on the job.
7. an employee, after working for the employer for ten years, receives the minimum wage." 1 "Under the FLSA, a nonexempt employee's regular rate of pay includes all of the following EXCEPT: 1. reimbursed expenses.
8. cost-of-living adjustments.
9. nondiscretionary bonuses.
10. shift premiums." 1 "A nondiscretionary bonus is a:1. contractual bonus paid based on the employee's production, efficiency or other measure of performance.
11. non-contractual profit-sharing bonus.
12. gift provided at a holiday.
13. benefit plan provided to all employees. " 1 "A nondiscretionary bonus is a: 1. contractual bonus paid based on the employee's production, efficiency or other measure of performance.
14. benefit plan provided to all employees.
15. gift provided at a holiday.
16. non-contractual profit-sharing bonus."

"all of the following items are covered by the Fair Labor Standards Act EXCEPT:

1. determining eligibility to work in the U.S.
2. setting the minimum wage.
3. defining overtime.
4. defining equal pay for equal work." 1 "A company is required to withhold taxes from an independent contractor when:
5. a TIN is not provided.
6. total payments in a calendar year exceed $600.00.
7. the contractor fails to provide a certificate of compliance.
8. the contractor provides a Form W-4. " 1 "Under the FLSA for a Sunday to Saturday workweek, in which of the following situations must a nonexempt employee be paid an overtime premium?
9. Over the last two weeks, a hospital employee under an 8/80 agreement worked 70 hours which included one 10-hour shift.
10. An employee worked five eight-hour shifts per week not including commute time of two hours a day.
11. A hospital employee under an 8/80 agreement worked five 6-hour shifts one week and six 8- hour shifts the next week.
12. An employee worked 40 hours during the week, including ten hours on a holiday." 1 "When managing employees' Forms W-4 the employer must:
13. remind employees by December 1 to submit new Forms W-4 if their marital status or number of allowances has changed.
14. file all new Forms W-4 with the IRS every year.
15. verify that an employee's withholding allowances are accurate.
16. advise employees about the number of allowances they can claim." 1 "Which of the following workers is classified as an employee?
17. A salaried copywriter who is required to work on-site and comply with the company's rules about starting and ending hours
18. A lecturer paid a percentage of the money collected at fundraisers when speaking
19. An engineer working off-site employing assistants to complete a project
20. A commercial artist furnishing her own tools and equipment and making a profit or loss" 1

"Under the FLSA, as of January 1, 2019, which of the following situations satisfies federal minimum wage requirements?

1. An employee with ten years of seniority receives the federal minimum wage
2. An employer covered under the FLSA pays a state minimum wage that is lower than the federal minimum wage
3. A college student signs a contract agreeing to work for $6.65 per hour
4. A part-time employee in shipping paid $6.75 per hour" 1 "Under the FLSA, a nonexempt employee's regular rate of pay calculation includes:
5. production bonuses.
6. paid vacation leave.
7. discretionary bonuses.
8. paid sick leave." 1 "All of the following situations satisfy federal minimum wage requirements as of January 1, 2019, EXCEPT:
9. a part-time employee in shipping paid $7.00 per hour.
10. an employee, age 18, is paid $127.50 for working 30 hours the first week of employment.
11. an employee with ten years seniority receives the federal minimum wage.
12. a security guard paid $7.25 per hour. " 1 "The Immigration Reform and Control Act of 1986: 1.makes it illegal for an employer to hire an unauthorized worker. 2.suggests employees retain a copy of Form I-9 for at least 3 years from date of hire. 3.requires new hires to show two forms of identification when hired. 4.recommends employers complete section 2 of Form I-9 within five days of hire" 1 "Under the FLSA, a nonexempt employee must be paid overtime for which of the following situations?
13. An employee worked 10 hours on Monday, 8 hours on Tuesday, 12 hours on Wednesday, 8 hours on Friday and reported to work and remained for 4 hours on Saturday but no work was performed.
14. An employee worked five eight-hour shifts in a week and commutes two hours a day.

3. An employee worked 10 hours on Sunday, 10 hours on Monday, 10 hours on Tuesday and 10 hours on Wednesday.
4. An employee worked 30 hours during the week, called in sick Thursday and Friday, and received 16 hours of sick pay for the week. " 1 "Employees can file an exempt Form W-4 when they:1. expect to owe no taxes this year.
5. had no tax liability last year and expect to have no tax liability this year.
6. do not want taxes withheld this year.
7. owed taxes last year and expect to owe taxes this year" 2 " In which situation would the employer set an employee's withholding status to single and zero allowances?
8. When the employer has received a tax levy on the employee
9. When a new employee has submitted an incomplete Form W- 4
10. When the employee has requested more federal taxes be withheld
11. When an employee has not submitted a new Form W-4 at the beginning of the calendar year" 2 "Which of the following workers is a nonexempt employee?
12. An outside salesperson making sales away from the employer's business location
13. An assistant office manager paid a weekly salary of $860.00 whose primary duties do not include supervision
14. An executive assistant paid a weekly salary of $1,270.00 exercising discretion when handling confidential tasks
15. An electrical engineer paid a weekly salary of $1,010.00 designing computer software systems who has no supervisory responsibilities" 2 "An employee is required to file a new Form W-4 after the:
16. adoption of a child.
17. death of a dependent child in the previous year.
18. birth of a child.
19. itemized deductions increase" 2 " Which of the following workers is classified as an employee?
20. A lecturer paid a percentage of the money collected at fund raisers
21. A day-care worker guaranteed a minimum salary plus a percentage of the profits

3. A lawyer retained on a project-by-project basis
4. A commercial artist furnishing her own tools and equipment" 2 "When a nondiscretionary bonus is included in a nonexempt employee's regular rate of pay, the bonus is allocated to:
5. the pay period the bonus is paid.
6. all workweeks during the period in which the bonus was earned.
7. all workweeks in the last 12 months.
8. the workweek the bonus is paid." 2 " Which of the following workers is classified as an employee?
9. A lawyer retained on a project-by-project basis
10. A lawyer working as a paralegal
11. A marketing consultant contracted to conduct an employee/customer satisfaction study
12. A lecturer paid a percentage of the money collected at fund raisers" 2 "All of the following statements about the FLSA overtime requirements are true EXCEPT:
13. the week's regular rate of pay must include shift premiums.
14. employers must pay overtime when employees work more than eight hours in a workday.
15. a shift differential paid under a union contract is included in the regular rate of pay.
16. a production bonus is included in the regular rate of pay." 2 Which of the following regulations is governed by both the state and the federal governments? 1 Method of payment 2 Final pay to a terminated employee 3 Exempt/nonexempt status 4 Breaks 3 (Both federal and state wage and hour laws govern minimum wage, overtime and an employee's exempt status.) Which of the following amounts are included in the calculation of an employee's regular rate of pay? 1 Pay for hours not worked 2 Shift premiums 3 Employer benefit plan contributions 4 De minimis holiday gifts

2 (The FLSA defines regular rate of pay as the total regular pay for all hours work divided by the hours worked in the workweek. The FLSA exempts the following types of pay from the regular rate of pay - gifts, paid time off, reimbursed expenses, discretionary bonuses, benefit plan contributions, and others.) For more information, refer to Module 1, Lesson 4 All of the following items are covered by the Fair Labor Standards Act EXCEPT: 1 defining equal pay for equal work. 2 defining when escheat laws apply. 3 setting child labor restrictions. 4 setting the minimum age for work. 2 (The FLSA regulates overtime, minimum wage, child labor, and equal pay.) For more information, refer to Module 1, Lesson 4 Under the FLSA, an employee under the age of 20 can be paid the opportunity wage for a maximum of:

1. 30 calendar days.
2. 60 calendar days.
3. 90 calendar days.
4. 120 calendar days. 3 (Under the FLSA, an employee under the age of 20 can be paid the opportunity wage of $4. per hour for a maximum of 90 calendar days.) "Which of the following amounts are included in the calculation of an employee's regular rate of pay? a. Reimbursed expenses b. Nondiscretionary bonuses c. Discretionary bonuses d. Premiums paid for working on holidays" b Under the FLSA, the employee's regular rate of pay calculation includes the fair market value of goods or services provided the employee. TRUE "A nonexempt employee is provided room and board. Under the FLSA, the employee's regular rate of pay calculation includes: a.

100% of the fair-market value of the room and 50% of the fair-market value of the board. b. 100% of the fair-market value of the room and board. c. none of the fair-market value of the board and 50% of the fair-market value of the room. d. none of the fair-market value of the room and board" b The employer determines whether to classify workers as employees or as independent contractors. In addition, the IRS and DOL may conduct an audit of a company's classification of a worker as an employee or independent contractor. TRUE "The initial determination of whether a worker is an employee or an independent contractor is made by the: a. SSA. b. IRS. c. worker. d. employer." d A nondiscretionary bonus is a payment for attendance, quality, or a production paid because of an employer's promise made in advance. TRUE "Which of the following payments is a discretionary bonus?1. Production 2.Quality 3.Holiday 4.Attendance" 3

A company can NOT rely on an IRS Private Letter Ruling issued to another company to satisfy the Reasonable Basis test as the private letter ruling applies only to the company requesting the ruling. TRUE "To satisfy the Reasonable Basis test and treat a worker as an independent contractor, a company can rely on all of the following methods EXCEPT: a. a private letter ruling issued to the company indicating the worker is an independent contractor. b. showing at least 25% of its industry treats similarly situated workers as independent contractors. c. a private letter ruling issued to another company in the same industry indicating similarly situated workers are independent contractors. d. information from published IRS rulings." c The Immigration Reform and Control Act of 1986 (IRCA) makes it illegal for an employer to hire an unauthorized worker and requires verify the identity and right to work of all employees hired after November 6, 1986. TRUE When calculating total pay (wages paid by the restaurant and tips) for a tipped employee, figure the employee's hourly rate and compare it to the minimum wage as of January 1, 2017, to determine if supplemental pay is also required. A restaurant pays tipped employees $5.53 per hour. In January 2019, a tipped employee at the restaurant works 36 hours in the workweek and receives $36.00 in tips. Calculate the employee's total pay (including the tips) for the week. "261 (Step 1. Pay: 36 hours x $5.53/hour = $199.08. Step 2.Regular pay: $36.00 (tips) + $199. = $235.08..Step 3.Regular rate of pay: $235.08 ÷ 36 hours = $6.53/hour (Regular rate of pay is less than the minimum wage of $7.25/hour.Step 4.Total pay (including tips and supplemental pay): 36 hours x $7.25/hour = $261.00)" When calculating total pay (wages paid by the restaurant and tips) for a tipped employee, figure the employee's hourly rate and compare it to the minimum wage as of January 1, 2017, to determine if supplemental pay is also required. A restaurant pays tipped employees $4.58 per hour. In January 2019, a tipped employee at the restaurant works 26 hours in the workweek and receives $86.00 in tips.Calculate the employee's total pay (including the tips) for the week. "205.08 (Step 1. Pay: 26 hours x $4.58/hour = $119. Step 2.

Regular pay: $86.00 (tips) + $119.08 = $205. Step 3. Regular rate of pay: $205.08 ÷ 26 hours = $7.89/hour (Regular pay rate is equal to or greater than the minimum wage of$7.25/hour.) Step 4. Total pay (including tips): 119 (regular pay) + $86.00 (tips) = $205.08)" A nondiscretionary bonus is a contractual bonus paid based on the employee's production, efficiency or other measure of performance. TRUE "A nondiscretionary bonus is a: 1. contractual bonus paid based on the employee's production, efficiency or other measure of performance.

benefit plan provided to all employees.

gift provided at a holiday.

non-contractual profit-sharing bonus." 1 "To claim the number of allowances used in calculating federal income tax withholding from a qualified pension plan distribution, a pensioner must file Form: a. W-4. b. W-4P. c. W-4S. d. 1099-R." b " In which situation would the employer set an employee's withholding status to single and zero allowances?

When the employer has received a tax levy on the employee

When a new employee has submitted an incomplete Form W- 4

When the employee has requested more federal taxes be withheld

When an employee has not submitted a new Form W-4 at the beginning of the calendar year" 2 "Under the FLSA, rounding of recorded employee work time must be: a. consistent. b. at the employer's discretion. c. at the employee's discretion. d. done in 30 minute increments." a "Which of the following workers is a nonexempt employee?

An outside salesperson making sales away from the employer's business location

An assistant office manager paid a weekly salary of $860.00 whose primary duties do not include supervision

An executive assistant paid a weekly salary of $1,270.00 exercising discretion when handling confidential tasks

An electrical engineer paid a weekly salary of $1,010.00 designing computer software systems who has no supervisory responsibilities" 2 "An employee must complete a new Form W-4:

upon receiving a pay increase.

upon receiving overtime pay.

when allowances decrease.

when the spouse is no longer employed" 3 "Under the FLSA, an employee is engaged to be waiting when the employer:

does not restrict the employee's behavior and does not permit personal business.

does not restrict the employee's behavior and permits personal business.

restricts the employee's behavior and does not permit personal business.

restricts the employee's behavior and permits personal business. " 3 "In which situation must an employer change an employee's withholding status to single and zero allowances?

At the beginning of the calendar year

When the employee has requested more federal taxes be withheld

When an exempt Form W-4 expires and there is no prior W-4 on file

When the employer receives a tax levy on the employee" 3 "All of the following actions are requirements of the common law test for determining a worker's status EXCEPT when the:

employer furnishes tools, equipment, materials and training.

employer determines when, where and how to work.

employer has treated the worker or similar workers as employees.

work is done personally by the worker." 3 "Which of the following amounts are included in the calculation of an employee's regular rate of pay?

Premiums paid for working on holidays

Discretionary bonuses

Reimbursed expenses

Nondiscretionary bonuses" 4 "Which of the following workers is classified as an employee?

An engineer working off-site employing assistants to complete a project

A lecturer paid a percentage of the money collected at fundraisers when speaking

A salaried copywriter who is required to work on-site and comply with the company's rules about starting and ending hours

A commercial artist furnishing her own tools and equipment and making a profit or loss" 3 "An employee filing an exempt Form W-4 is exempt from the withholding of: a. federal income tax only. b. social security tax only.

c. Medicare tax only. d. all federal taxes." a "An employee is required to file a new Form W-4 in all the following situations EXCEPT:

when a divorce is finalized.

when a child is no longer claimed as a dependent.

with the death of a dependent in the previous year.

with the adoption of a child" 4 "Which of the following payments is a discretionary bonus?

Production

Attendance

Holiday

Quality" 3 "An employee is required to file a new Form W-4 after the:

adoption of a child.

death of a dependent child in the previous year.

birth of a child.

itemized deductions increase" 2 "all of the following items are covered by the Fair Labor Standards Act EXCEPT:

determining eligibility to work in the U.S.

setting the minimum wage.

defining overtime.

defining equal pay for equal work." 1 "An employer's responsibilities with Form W-4 include:

requesting a new Form W-4 from each employee each year.

filing all new Forms W-4 with the IRS every year.

reminding employees by December 1 to submit a new Form W-4 if their marital status or allowances have changed.

notifying the IRS when an employee claims more than ten allowances." 3 "When Form W-4 has been completed properly, what information is used to determine the employee's federal income tax withholding? a. Marital status only b. Only the number of allowances claimed c. Only any additional amount requested d. Marital status, number of allowances claimed, and additional amount requested" d "A company is required to withhold taxes from an independent contractor when:

a TIN is not provided.

total payments in a calendar year exceed $600.00.

the contractor fails to provide a certificate of compliance.

the contractor provides a Form W-4. " 1 "Under the FLSA for a Sunday to Saturday workweek, in which of the following situations must a nonexempt employee be paid an overtime premium?

Over the last two weeks, a hospital employee under an 8/80 agreement worked 70 hours which included one 10-hour shift.

An employee worked five eight-hour shifts per week not including commute time of two hours a day.

A hospital employee under an 8/80 agreement worked five 6-hour shifts one week and six 8-hour shifts the next week.

An employee worked 40 hours during the week, including ten hours on a holiday." 1 "Which of the following workers is classified as an employee?

A lecturer paid a percentage of the money collected at fund raisers

A commercial artist furnishing her own tools and equipment

A marketing consultant contracted to conduct an employee/customer satisfaction study

A former employee rehired after retirement to complete a task begun before retirement" 4 " Which of the following workers is classified as an employee?

A lecturer paid a percentage of the money collected at fund raisers

A day-care worker guaranteed a minimum salary plus a percentage of the profits

A lawyer retained on a project-by-project basis

A commercial artist furnishing her own tools and equipment" 2 "An employee provides a new Form W-4 on August 15. The employer must retain the prior Form W-4 until: a. January 1 of the following year. b. April 15 of the following year. c. four years after the new form was filed. d. four years after the last tax return was filed using the information on the Form W-4." d "When a nondiscretionary bonus is included in a nonexempt employee's regular rate of pay, the bonus is allocated to:

the pay period the bonus is paid.

all workweeks during the period in which the bonus was earned.

all workweeks in the last 12 months.

the workweek the bonus is paid." 2

"To request federal income tax withholding from third-party sick pay, an employee must submit Form: a. W-4P. b. W-4S. c. W-4V. d. W-9." b Under the FLSA, the minimum hourly rate an employer can pay a tipped employee is $2.13 per hour as long as the employee's cash wages and tips are equal to or greater than $7.25 times the hours worked in the workweek. TRUE " Which of the following workers is classified as an employee?

A lawyer retained on a project-by-project basis

A lawyer working as a paralegal

A marketing consultant contracted to conduct an employee/customer satisfaction study

A lecturer paid a percentage of the money collected at fund raisers" 2 "Both state and federal governments regulate: a)method of payment. B) breaks. C) child labor. D) timing of payment." c "An employee is required to file a new Form W-4 in all the following situations EXCEPT:

when a divorce is finalized.

when a child is no longer claimed as a dependent.

with the adoption of a child.

with the death of a dependent in the previous year. Next question" 3 "An employee who is paid on the first and fifteenth of the month is planning to marry on June

15. The earliest the employee can complete a new Form W-4 changing marital status from single to married is: a. June 1. b. June 14. c. June 15. d. July 1." c "All of the following statements about the FLSA overtime requirements are true EXCEPT:

the week's regular rate of pay must include shift premiums.

employers must pay overtime when employees work more than eight hours in a workday.

a shift differential paid under a union contract is included in the regular rate of pay.

a production bonus is included in the regular rate of pay." 2 "Under the FLSA, an employee is engaged to be waiting when the employer:

restricts the employee's behavior and permits personal business.

does not restrict the employee's behavior and permits personal business.

does not restrict the employee's behavior and does not permit personal business.

restricts the employee's behavior and does not permit personal business" 4 "When managing employees' Forms W-4 the employer must:

remind employees by December 1 to submit new Forms W-4 if their marital status or number of allowances has changed.

file all new Forms W-4 with the IRS every year.

verify that an employee's withholding allowances are accurate.

advise employees about the number of allowances they can claim." 1 "The Immigration Reform and Control Act of 1986: A)suggests employees retain a copy of Form I-9 for at least 3 years from date of hire. B) recommends employers complete section 2 of Form I-9 within five days of hire. C)makes it illegal for an employer to hire an unauthorized worker. D)requires new hires to show two forms of identification when hired." c "An employer's responsibilities with Form W-4 include:

verifying that an employee's withholding allowances are accurate.

filing all new Forms W-4 with the IRS every year.

advising employees about the number of allowances they can claim.

ensuring that Form W-4 is complete." 4 "Which of the following workers is classified as an employee?

A salaried copywriter who is required to work on-site and comply with the company's rules about starting and ending hours

A lecturer paid a percentage of the money collected at fundraisers when speaking

An engineer working off-site employing assistants to complete a project

A commercial artist furnishing her own tools and equipment and making a profit or loss" 1 "Under the FLSA, as of January 1, 2019, which of the following situations satisfies federal minimum wage requirements?

An employee with ten years of seniority receives the federal minimum wage

An employer covered under the FLSA pays a state minimum wage that is lower than the federal minimum wage

A college student signs a contract agreeing to work for $6.65 per hour

A part-time employee in shipping paid $6.75 per hour" 1 "Which of the following workers is classified as an exempt employee?

A trainee soliciting orders for the company's products

A purchasing assistant performing clerical functions

A payroll technician inputting timecards

A department manager supervising five full-time employees" 4 "Which of the following workers is classified as a nonexempt employee? a)A corporate attorney litigating damage suits b)A salesperson soliciting orders at the clients' locations c)An executive assistant earning $770.00 a week exercising discretion while performing duties d)A trainee soliciting orders for the company's products" d Employers are required to pay the greater of the federal or state minimum wage in the state the employee works, whichever is greater. TRUE A manager, supervising four full-time employees, is paid a monthly salary of $2,180.00. He worked 39 hours during week one, 49 hours during week two, 40 hours during week three, and 55 hours during week four. Under the FLSA, how many hours of overtime, if any, must he be paid? 0 Under the FLSA, the manager is paid 0 overtime hours. A manager, supervising four full-time employees and paid a monthly salary of $4,000.00, fulfills the requirements under FLSA to be classified as an exempt employee. Exempt employees do not receive an overtime premium. TRUE An employee claimed as a dependent by her parents, may claim exempt status on Form W-4 if her total income is not more than $1,100.00 including unearned income of not less than $350.00. TRUE "An employee who is a full-time student is claimed as a dependent by her parents. What conditions must exist for the employee to claim exempt status on Form W-4? a. Only unearned income is less than $250.00. b. Only total income is less than $900.00. c. Total income is not more than $1,100.00 including unearned income of not less than $350.00. d. There are no limits for students to claim exempt." c

"Employers have the following responsibilities for Form W-4 EXCEPT:

ensuring that Form W-4 is complete.

withholding based on the marital status and number of allowances claimed.

responding when the IRS requests an employee's W-4 form.

requesting new Forms W-4 from each employee each year." 4 Form W-4 is only completed when the employee has a change in marital status or allowances. TRUE A company has the right to control an employee's work. TRUE "Which of the following workers is classified as an employee?

A marketing consultant contracted to conduct an employee/customer satisfaction study

A part-time copywriter who is paid a salary and required to work on-site

A lawyer retained on a project-by-project basis

A lecturer paid a percentage of the money collected at fund raisers " 2 "Both state and federal governments regulate:

timing of payment.

method of payment.

breaks.

child labor." 4 Both state and federal governments regulate overtime, minimum wage, and child labor. TRUE The FLSA defines regular rate of pay as the total regular pay for all hours work divided by the hours worked in the workweek. The FLSA exempts the following types of pay from the regular rate of pay - gifts, paid time off, reimbursed expenses, discretionary bonuses, benefit plan contributions, and others. TRUE "Under the FLSA, the calculation of a nonexempt employee's regular rate of pay must include:

reimbursed expenses.

premiums paid for working on holidays.

shift premiums.

discretionary bonuses." 3 Under the FLSA, when school is not in session, 14 and 15-year-old employees can only work between 7:00 a.m. and 9:00 p.m. When school is in session, 14 and 15-year-old employee can only work between 7:00 a.m. and 7:00 p.m. and cannot work during school hours. TRUE "A 15-year-old employee works part-time. Under the FLSA, what hours can the employee work?

Only between the hours of 7:00 pm and 9:00 pm when school is in session

More than 40 hours per week when school is not in session

More than eight hours per day when school is in session" 4 "Which of the following workers is classified as an employee?

A lecturer paid a percentage of the money collected at fund raisers

An executive assistant earning an annual salary of $105,000.00

An engineer employing assistants to complete a project

A commercial " 2 An employer must change an employee's withholding status to single and zero allowances when an exempt Form W-4 expires and there is no prior W-4 on file. TRUE "In which situation must an employer change an employee's withholding status to single and zero allowances?

When the employee has requested more federal taxes be withheld

When the employer receives a tax levy on the employee

At the beginning of the calendar year

When an exempt Form W-4 expires and there is no prior W-4 on file" 4 Under the FLSA, the tipped employee's total compensation (cash wages plus tips) must be a minimum of $7.25 per hour. If the combined hourly wage and hourly tips fall below the federal minimum wage, the FLSA requires the employer to pay the difference. TRUE

"A tipped employee is paid $3.50 per hour. During the first week of 2019, the employee works 40 hours and receives $125.00 in tips. Under the FLSA, the tipped employee's total compensation must be a minimum of: a. $5.12 per hour. b. $2.13 per hour. c. $7.13 per hour. d. $7.25 per hour. " d "A change in the company workweek may be necessary to: a. reduce paying overtime. b. meet changing business needs. c. comply with the calendar week. d. adjust pay schedules during holidays. " b An employer may change the company's workweek to meet changing business needs. When a change in the workweek must be made in order, in the overlapping period the employer must pay the overtime that is most beneficial for the employee. TRUE The FLSA defines regular rate of pay as the total regular pay for all hours work divided by the hours worked in the workweek. The FLSA exempts the following types of pay from the regular rate of pay - gifts, paid time off, reimbursed expenses, discretionary bonuses, benefit plan contributions, and others. TRUE "Under the FLSA, a nonexempt employee's regular rate of pay calculation includes:

production bonuses.

paid vacation leave.