Topic: New Hire DocumentationBlooms: Apply Difficulty: Easy Learning Objective: 02-02 New Hire Documentation Topic: New Hire Documentation Topic: New Hire Documentation Blooms: Apply Dif
Trang 1Chapter 02 Payroll System Procedures
True / False Questions
Trang 5Why is it important for an employer to classify as worker as either an employee or an independent contractor?
A For tax reporting
Trang 8Allen is an employee of the foreign subsidiary of a United States based company who lives and work in the United Kingdom
According to FATCA, how much of his wages may Allen exclude from United States' taxes, according to 2013 guidelines?
Trang 104
Which of the following is not subject to overtime in the process of hourly computations?
A Time worked in excess of eight hours
Trang 19D He should send an interoffice request to have someone in the information technology
department remove the record from the server.
Trang 28Chapter 02 Payroll System Procedures Answer Key
True / False Questions
Topic: Overview of Payroll Procedures
Topic: Overview of Payroll Procedures
Blooms: Apply Difficulty: Easy Learning Objective: 02-01 Overview of Payroll Procedures
Topic: Overview of Payroll Procedures
Trang 29Topic: New Hire Documentation
Blooms: Apply Difficulty: Easy Learning Objective: 02-02 New Hire Documentation
Topic: New Hire Documentation
Topic: New Hire Documentation
Blooms: Apply Difficulty: Medium Learning Objective: 02-03 Employee File Maintenance
Topic: Employee File Maintenance
9
Holiday hours, sick time taken, and vacation days are not considered in the worked hours for overtime computation.
TRUE
Trang 30Topic: Employee File Maintenance
Blooms: Evaluate Difficulty: Medium Learning Objective: 02-04 Internal Controls for a Payroll System
Topic: Internal Controls for a Payroll System
Multiple Choice Questions
Blooms: Evaluate Difficulty: Medium Learning Objective: 02-01 Overview of Payroll Procedures
Topic: Overview of Payroll Procedures
Trang 31Topic: Overview of Payroll Procedures
Trang 32Topic: New Hire Documentation
Topic: Overview of Payroll Procedures
Trang 33Topic: Overview of Payroll Procedures
Topic: Overview of Payroll Procedures
Trang 34Blooms: Apply Difficulty: Medium Learning Objective: 02-01 Overview of Payroll Procedures
Topic: Overview of Payroll Procedures
Topic: New Hire Documentation
Blooms: Apply Difficulty: Easy Learning Objective: 02-01 Overview of Payroll Procedures
Topic: Overview of Payroll Procedures
Trang 351
Why is it important for an employer to classify as worker as either an employee or an independent contractor?
A For tax reporting
Topic: New Hire Documentation
Topic: New Hire Documentation
Trang 36Topic: New Hire Documentation
Trang 37AICPA: BB Legal AICPA: FN Reporting Blooms: Apply Difficulty: Medium Learning Objective: 02-02 New Hire Documentation
Topic: New Hire Documentation
Blooms: Evaluate Difficulty: Medium Learning Objective: 02-02 New Hire Documentation
Topic: New Hire Documentation
Trang 38File a new-hire report with both states that contains the firm's headquarters and the
state that is the employee's primary residence
AACSB: Communication AICPA: BB Legal AICPA: FN Reporting Blooms: Analyze Difficulty: Medium Learning Objective: 02-02 New Hire Documentation
Topic: New Hire Documentation
AICPA: FN Research Blooms: Analyze Difficulty: Medium Learning Objective: 02-02 New Hire Documentation
Topic: New Hire Documentation
Trang 39Blooms: Analyze Difficulty: Hard Learning Objective: 02-02 New Hire Documentation
Topic: New Hire Documentation
3
0
Allen is an employee of the foreign subsidiary of a United States based company who lives and work in the United Kingdom
According to FATCA, how much of his wages may Allen exclude from United States' taxes, according to 2013 guidelines?
Topic: New Hire Documentation
Trang 40AICPA: BB Legal AICPA: FN Research Blooms: Apply Difficulty: Hard Learning Objective: 02-03 Employee File Maintenance
Topic: Employee File Maintenance
AICPA: FN Research Blooms: Analyze Difficulty: Easy Learning Objective: 02-03 Employee File Maintenance
Topic: Employee File Maintenance
Trang 41Difficulty: Medium Learning Objective: 02-03 Employee File Maintenance
Topic: Employee File Maintenance
3
4
Which of the following is not subject to overtime in the process of hourly computations?
A Time worked in excess of eight hours
Blooms: Analyze Difficulty: Medium Learning Objective: 02-03 Employee File Maintenance
Topic: Employee File Maintenance
Blooms: Apply Difficulty: Hard Learning Objective: 02-04 Internal Controls for a Payroll System
Topic: Internal Controls for a Payroll System
Trang 42AICPA: FN Measurement Blooms: Analyze Difficulty: Medium Learning Objective: 02-04 Internal Controls for a Payroll System
Topic: Internal Controls for a Payroll System
Trang 43Learning Objective: 02-04 Internal Controls for a Payroll System
Topic: Internal Controls for a Payroll System
Blooms: Apply Difficulty: Medium Learning Objective: 02-04 Internal Controls for a Payroll System
Topic: Internal Controls for a Payroll System
Trang 44Topic: Internal Controls for a Payroll System
Trang 45AICPA: FN Reporting Blooms: Apply Difficulty: Medium Learning Objective: 02-04 Internal Controls for a Payroll System
Topic: Internal Controls for a Payroll System
Trang 46AICPA: FN Reporting Blooms: Apply Difficulty: Medium Learning Objective: 02-04 Internal Controls for a Payroll System
Topic: Internal Controls for a Payroll System
Trang 47Blooms: Apply Difficulty: Medium Learning Objective: 02-04 Internal Controls for a Payroll System
Topic: Internal Controls for a Payroll System
Trang 48Topic: Internal Controls for a Payroll System
Trang 49Blooms: Evaluate Difficulty: Hard Learning Objective: 02-04 Internal Controls for a Payroll System
Topic: Internal Controls for a Payroll System
Trang 50Blooms: Understand Difficulty: Easy Learning Objective: 02-04 Internal Controls for a Payroll System
Topic: Internal Controls for a Payroll System
Trang 51Blooms: Create Difficulty: Hard Learning Objective: 02-04 Internal Controls for a Payroll System
Topic: Internal Controls for a Payroll System
Trang 52AICPA: FN Risk Analysis Blooms: Analyze Difficulty: Hard Learning Objective: 02-04 Internal Controls for a Payroll System
Topic: Internal Controls for a Payroll System
Trang 53AICPA: FN Risk Analysis Blooms: Evaluate Difficulty: Medium Learning Objective: 02-05 Document Destruction Procedures
Topic: Document Destruction Procedures
Trang 54Topic: Document Destruction Procedures
Trang 55Topic: Internal Controls for a Payroll System
Trang 56AICPA: FN Research Blooms: Analyze Difficulty: Medium Learning Objective: 02-05 Document Destruction Procedures
Topic: Document Destruction Procedures
Trang 57Blooms: Apply Difficulty: Medium Learning Objective: 02-05 Document Destruction Procedures
Topic: Document Destruction Procedures
Trang 58Topic: Document Destruction Procedures
Trang 59Difficulty: Hard Learning Objective: 02-05 Document Destruction Procedures
Topic: Document Destruction Procedures
Blooms: Apply Difficulty: Medium Learning Objective: 02-05 Document Destruction Procedures
Topic: Document Destruction Procedures
Trang 60AICPA: FN Reporting Blooms: Analyze Difficulty: Medium Learning Objective: 02-05 Document Destruction Procedures
Topic: Document Destruction Procedures
Blooms: Evaluate Difficulty: Hard Learning Objective: 02-05 Document Destruction Procedures
Topic: Document Destruction Procedures
Trang 61Learning Objective: 02-04 Internal Controls for a Payroll System
Topic: Internal Controls for a Payroll System
Topic: Internal Controls for a Payroll System
Trang 62AICPA: FN Reporting Blooms: Apply Blooms: Evaluate Difficulty: Medium Learning Objective: 02-04 Internal Controls for a Payroll System
Topic: Internal Controls for a Payroll System
Trang 63Topic: Overview of Payroll Procedures
Trang 64Topic: Overview of Payroll Procedures
Trang 65Topic: New Hire Documentation
Trang 66Topic: New Hire Documentation
Trang 67Topic: New Hire Documentation
Trang 68Topic: Employee File Maintenance
Trang 69Blooms: Apply Difficulty: Medium Learning Objective: 02-04 Internal Controls for a Payroll System
Topic: Internal Controls for a Payroll System
Trang 70Blooms: Apply Difficulty: Medium Learning Objective: 02-04 Internal Controls for a Payroll System
Topic: Internal Controls for a Payroll System
Trang 71Topic: Document Destruction Procedures
Trang 72Topic: Document Destruction Procedures