Question

Which pay frequency has 24 pay periods annually?

• Semi-weekly

• Weekly

• Semimonthly

• Biweekly

Ibrahim is the payroll accountant for a firm. He notes that the firm has hired a new employee. What forms must he collect from the new employee?

• W-3 and I-9

• W-2 and I-9

• W-4 and I-9

• W-4 and I-8

Stan works for a bakery for which part of his compensation is paid based on the number of decoration of wedding and other specialty cakes. His compensation has a ________ element.

• commission

• piece-rate

• performance incentive

• nonexempt

Josh, who is 21 years of age, is a new employee of XYZ Company. To establish his identity and employment authorization, he could present:

• His current United States passport.

• His library card and birth certificate.

• His driver's license and ATM card.

• His college transcript and driver's license.

Prevailing local wages and wage classification strategies for government contractors were mandated by the ________.

• Walsh-Healey Public Contracts Act

• Fair Labor Standards Act

• Davis-Bacon Act

• Equal Pay Act

Answer 1

1. Employees who are paid semi - monthly always receive two paychecks per month. Companies that use semimonthly pay gives employees 24 paycheks during a year.

Semimonthly pay frequency has 24 pay periods annually.

Answer is Semimonthly.

2. Ibrahim is the payroll accountant for a firm. He notes that the firm has hired a new employee. He much collect forms W-4 and I-9 from the new employee.

Answer is W-4 and I-9.

3. Stan works for a bakery for which part of his compensation is paid based on the number of decoration of wedding and other specialty cakes. His compensation has a piece-rate element.
Answer is piece-rate.

4. Josh, who is 21 years of age, is a new employee of XYZ Company. To establish his identity and employment authorization, he could present his current United States passport.

Answer is His current United States passport.

5. The Davis Bacon Act mandates prevailing local wages and wage classification strategies for government contractors.

Answer is Davis-Bacon Act.