Payroll Accounting 2024 10th International Edition Jeanette Landin, Paulette Schirmer - Solutions

LO 1-4 Identify Contemporary Payroll Practices
LO 1-5 Compare Payroll Processing Options for Different Businesses
1. Requires employers to verify the employee’s legal right to work in the United States.a. COBRAb. ERISAc. Civil Rights Act of 1991d. PRWORe. SOXf. ADEA g. HIPAA h. ADA i. OSHA j. Equal Pay Act of 1963 k. IRCA l. SECURE 2.0
2. Protects the rights of disabled workers.a. COBRAb. ERISAc. Civil Rights Act of 1991d. PRWORe. SOXf. ADEA g. HIPAA h. ADA i. OSHA j. Equal Pay Act of 1963 k. IRCA l. SECURE 2.0
3. Governs the management of retirement plans.a. COBRAb. ERISAc. Civil Rights Act of 1991d. PRWORe. SOXf. ADEA g. HIPAA h. ADA i. OSHA j. Equal Pay Act of 1963 k. IRCA l. SECURE 2.0
4. Protects workers over age 40 from employment discrimination.a. COBRAb. ERISAc. Civil Rights Act of 1991d. PRWORe. SOXf. ADEA g. HIPAA h. ADA i. OSHA j. Equal Pay Act of 1963 k. IRCA l. SECURE 2.0
5. Creates safe work environments for employees.a. COBRAb. ERISAc. Civil Rights Act of 1991d. PRWORe. SOXf. ADEA g. HIPAA h. ADA i. OSHA j. Equal Pay Act of 1963 k. IRCA l. SECURE 2.0
6. Mandates equal pay for equal work.a. COBRAb. ERISAc. Civil Rights Act of 1991d. PRWORe. SOXf. ADEA g. HIPAA h. ADA i. OSHA j. Equal Pay Act of 1963 k. IRCA l. SECURE 2.0
7. Extends medical benefits for terminated employees.a. COBRAb. ERISAc. Civil Rights Act of 1991d. PRWORe. SOXf. ADEA g. HIPAA h. ADA i. OSHA j. Equal Pay Act of 1963 k. IRCA l. SECURE 2.0
8. Ensures that child support obligations will be paid.a. COBRAb. ERISAc. Civil Rights Act of 1991d. PRWORe. SOXf. ADEA g. HIPAA h. ADA i. OSHA j. Equal Pay Act of 1963 k. IRCA l. SECURE 2.0
9. Protects workers and families with preexisting medical conditions.a. COBRAb. ERISAc. Civil Rights Act of 1991d. PRWORe. SOXf. ADEA g. HIPAA h. ADA i. OSHA j. Equal Pay Act of 1963 k. IRCA l. SECURE 2.0
10. Enforces payment of monetary damages because of discrimination.a. COBRAb. ERISAc. Civil Rights Act of 1991d. PRWORe. SOXf. ADEA g. HIPAA h. ADA i. OSHA j. Equal Pay Act of 1963 k. IRCA l. SECURE 2.0
11. Requires internal controls on payroll practices of public companies.a. COBRAb. ERISAc. Civil Rights Act of 1991d. PRWORe. SOXf. ADEA g. HIPAA h. ADA i. OSHA j. Equal Pay Act of 1963 k. IRCA l. SECURE 2.0
12. Gives employees incentives to participate in retirement plans.a. COBRAb. ERISAc. Civil Rights Act of 1991d. PRWORe. SOXf. ADEA g. HIPAA h. ADA i. OSHA j. Equal Pay Act of 1963 k. IRCA l. SECURE 2.0
1. Established requirements for employer record-keeping.a. Social Security Actb. Workers’compensationc. Current Tax Payment Actd. Fair Labor Standards Acte. Tax Cuts and Jobs Actf. Federal Unemployment Tax Act g. Medicare h. Consolidated Appropriations Act i. Affordable Care Act j. Davis–Bacon
2. Provided government assistance for workers who are too old or infirm to work.a. Social Security Actb. Workers’compensationc. Current Tax Payment Actd. Fair Labor Standards Acte. Tax Cuts and Jobs Actf. Federal Unemployment Tax Act g. Medicare h. Consolidated Appropriations Act i. Affordable
3. Established protection for displaced workers.a. Social Security Actb. Workers’compensationc. Current Tax Payment Actd. Fair Labor Standards Acte. Tax Cuts and Jobs Actf. Federal Unemployment Tax Act g. Medicare h. Consolidated Appropriations Act i. Affordable Care Act j. Davis–Bacon Act
4. Required employers to file taxes collected promptly.a. Social Security Actb. Workers’compensationc. Current Tax Payment Actd. Fair Labor Standards Acte. Tax Cuts and Jobs Actf. Federal Unemployment Tax Act g. Medicare h. Consolidated Appropriations Act i. Affordable Care Act j. Davis–Bacon
5. Set aside funds for health insurance.a. Social Security Actb. Workers’compensationc. Current Tax Payment Actd. Fair Labor Standards Acte. Tax Cuts and Jobs Actf. Federal Unemployment Tax Act g. Medicare h. Consolidated Appropriations Act i. Affordable Care Act j. Davis–Bacon Act
6. Regulated wages for employees whose employer engaged in governmental contracts.a. Social Security Actb. Workers’compensationc. Current Tax Payment Actd. Fair Labor Standards Acte. Tax Cuts and Jobs Actf. Federal Unemployment Tax Act g. Medicare h. Consolidated Appropriations Act i. Affordable
7. Is governed on a state-by-state basis and protects employees injured during the course of work activities.a. Social Security Actb. Workers’compensationc. Current Tax Payment Actd. Fair Labor Standards Acte. Tax Cuts and Jobs Actf. Federal Unemployment Tax Act g. Medicare h. Consolidated
8. Is responsible for reporting requirements of essential health coverage for full-time equivalent employees.a. Social Security Actb. Workers’compensationc. Current Tax Payment Actd. Fair Labor Standards Acte. Tax Cuts and Jobs Actf. Federal Unemployment Tax Act g. Medicare h. Consolidated
9. Restructured payroll tax calculations, supplemental withholding allowances, and the Social Security wage base.a. Social Security Actb. Workers’compensationc. Current Tax Payment Actd. Fair Labor Standards Acte. Tax Cuts and Jobs Actf. Federal Unemployment Tax Act g. Medicare h. Consolidated
10. Funded E-Verify programs for employee eligibility to work.a. Social Security Actb. Workers’compensationc. Current Tax Payment Actd. Fair Labor Standards Acte. Tax Cuts and Jobs Actf. Federal Unemployment Tax Act g. Medicare h. Consolidated Appropriations Act i. Affordable Care Act j.
1. Stevie is the payroll accountant for Alpha Printworks. The boss informs Stevie that the company is considering switching payroll systems and asks for input. What are some ethical concerns involved in changing accounting software?
2. Karsyn, the payroll manager, is in a sorority. At a social event, she discovers that one of her sorority sisters works for the same company. Her sorority sister asks Karsyn for confidential information about one of her department employees, claiming that the sorority oath requires Karsyn’s
2. You are the payroll clerk of a company. A group of students approaches you to work on a class project and asks to see confidential personnel and payroll records. What would you do? What are the laws regarding the situation?
1. What are three potential payroll processing issues faced by large
companies?2. How does payroll processing differ between large and small companies?
3. In a few words, compare the following:a. Manual payroll systemsb. Computerized payroll systemsc. Outsourced payroll systemsd. Certified payroll
1. What is the purpose of a payroll system?
3. What is certified payroll? Which entities must use it?
4. Why might it be a good idea to let employees manage their payroll records? What are some of the pitfalls?
8. What are the major types of payroll processing methods?
10. What are the guidelines for FLSA in terms of overtime and pay rate?
11. Why was the Social Security Act of 1935 created? What were its provisions?
12. How did the Medicare and Medicaid Act of 1965 modify the Social Security Act of 1935?
13. What are two of the advantages of a computerized payroll system over a manual system?
14. Which act created the term “full-time equivalents”?
15. How has cloud-based payroll processing affected contemporary payroll practices?
16. What are two of the differences between the completion of the I-9 and the use of E-Verify systems?
17. What were three provisions of the SECURE 2.0 Act?
18. What are two of the challenges that arise from the use of outsourced payroll systems?
19. What distinguishes a “living wage” from the minimum wage?
20. How does the Equal Pay Act of 1963 differ from the Lilly Ledbetter Fair Pay Act of 2009?
21. What are the differences between ARPA and TCDRA?
22. What did ARPA and TCDRA do to the CARES Act?
E1-1A.LO 1-1, 1-2 Lupore Fabrics obtained a contract in Watts Mills, South Carolina, that involves the production of materials for military uniforms, a project contracted with the federal government for $2,800,000. What laws govern the wages Lupore Fabrics pays its workers for this project? (Select
E1-2A.LO 1-1, 1-2 Dylan Piccirillo works as the payroll clerk for Centinix, a security company that hires many part-time and temporary workers who are paid hourly.What law(s) govern(s) the hiring or documenting of these workers?1. ADEA 2. FLSA 3. IRCA 4. USERRA
E1-3A.LO 1-1, 1-2 London Franco was dismissed from employment at Precision Dynamics because of a race-related incident. London sued Precision Dynamics for$150,000 because of the discrimination. Which of the following laws provides for monetary awards during discrimination lawsuits?1. FLSA 2. ADEA
E1-4A.LO 1-1, 1-2 Ines, Inc., is a qualified private-sector company that provides health insurance to its employees. The company is self-insured. Which of the following forms should the company provide its employees to comply with the Affordable Care Act?1. 1095-A 2. 1095-B 3. 1095-C
E1-5A.LO 1-3 Addison Roy is a payroll accountant who works for a private firm. Their most recent professional development course was completed in 2010.Which of the following ethical issues has Addison violated?1. Confidentiality 2. Objectivity and independence 3. Professional competence and due
E1-6A. Max Anson owns Uninix Computers, a company with five employees. As a small business owner, Max has several options for payroll processing.What factors should be considered when deciding which payroll processing option is best for Uninix Computers? (Select all that apply.)1. The number of
E1-7A. Match the following terms with their definitions: Manual payrolla. A preloaded credit card is used to pay employees.
E1-8A. Match the following terms with their definitions:Time cardb. The process of gathering information about hours worked for one or more employees.
E1-9A. Match the following terms with their definitions: Paycardc. A web-based application wherein employees can modify certain payroll-related information.
E1-10A. Match the following terms with their definitions: Employee Internet portald. Governs accounting for firms with federal government contracts in excess of $2,000.
E1-11A. Match the following terms with their definitions: Certified payrolle. A record of the time worked during a period for an individual employee.
E1-12A. Match the following terms with their definitions: Outsourced payrollf. Examples of companies used for outsourcing payroll processing.
E1-13A. Match the following terms with their definitions: Auditor g. Provided funding for the E-Verify program.
E1-14A. Match the following terms with their definitions: ADP and Paychex® h. Payroll administration using a paper payroll register.
E1-15A. Match the following terms with their definitions: Time collection i. The use of an external company to track time and benefits and pay employees.
E1-16A. Match the following terms with their definitions: Davis–Bacon Act j. A person or group who examines a company’s accounting records for accuracy.
E1-17A. Match the following terms with their definitions: Consolidated Appropriations Act k. A way for governmental agencies to track the payroll associated with a government contract.
P1-1A.LO 1-2 Ash Accardi is the accounting manager for a small local firm with full- and part-time staff. How do FLSA guidelines regarding working hours apply to Ash’s employees?
P1-2A.LO 1-4, 1-5 Micah Sherman works in the payroll department at Radiance Windows. The employer has determined that the payroll functions should be moved to a cloud-based platform that can support its 500 employees, be used remotely, and has requested recommendations. What options could Micah
P1-3A.LO 1-1, 1-2 Eden Motta is the office manager and payroll clerk for his company, composed of 12 employees. An employee, Xai Gladwin, stops by Eden’s office and wants to view their payroll record. What privacy regulations must Eden consider before granting coworker access?
P1-4A.LO 1-3 A group of employees who read on a website that income tax collection is illegal approach Jules Furst, the controller for a large company. They ask that the company stop withholding income taxes from their pay without an explanation of what laws govern income tax collection. What
P1-5A.LO 1-1, 1-2 Callen Germain is a warehouse worker for a small grocery market. While some merchandise was being moved, the loading dock door unexpectedly fell and injured Callen. How does OSHA apply to Callen for this type of injury?
P1-6A.LO 1-4 Quinn Magnus is a payroll accountant for Mama Bear Trading Co. A coworker from the packaging department contacts Quinn via electronic communication and asks to see all employees’ payroll records for a specific payroll date. How should Quinn respond?
P1-7A.LO 1-3 Parker Alberighi and Val van Peij are friends who work for the same company.Parker manages a manufacturing department, and Val supervises the payroll clerks. Which ethical guidelines or rules would these friends need to remember when discussing work?
P1-8A.LO 1-1, 1-2 At Denniston Industries, employees have the option of choosing employersponsored health insurance. According to COBRA, what responsibilities does the employer have upon the termination of an employee?
P1-9A.LO 1-3 Xan Preston is a new manager at Resterra, Inc. Xan is looking at using the E-Verify process for new hires. What recommendations can you give regarding the differences between having employees complete the I-9 and the E-Verify process?
P1-10A.LO 1-4 Landry Russell is a new employee in the payroll department for Palermo Industries. Landry has had several employees approaching with questions but is unsure how privacy regulations could affect the responses. What advice would you give Landry about privacy laws and payroll?
E1-1B.LO 1-1, 1-2 Emery Devi is a military veteran who requires many absences for medical reasons. The supervisor at Baytery Farms has demanded Emery either reduce the number of sick days used or provide a medical history to support the absences. Which law(s) protect Emery? (Select all that
E1-2B.LO 1-1, 1-2 Galen Rana is a production worker at Gexo Manufacturing, which produces air-conditioning systems. After working there for 10 years, she discovers through conversations with a colleague with the same title and similar seniority that her wage is 20 percent lower than his wage. She
E1-3B.LO 1-4, 1-5 Lyric Tesfaye is the new bookkeeper for Birch Online Enterprises, a small business consulting firm, and was hired to replace a long-time employee who retired. Lyric notices that the previous bookkeeper used a manual system.The company owner has said that Lyric may update the
E1-4B.LO 1-2 Zyon Deng is a payroll accountant at Sucre Foods. Zyon works remotely from home, communicates with colleagues via Zoom, and has a VPN to prevent hackers from accessing the computer data. Which privacy law(s)require Zyon to protect the information on the computer, even from family
E1-5B.LO 1-3 Regan Marrioni is in the payroll department at Seven Wonders International Foods. Regan is part of a social organization, along with several of his coworkers. Which of the following ethical standards could become compromised in social situations?1. Integrity 2. Professionalism 3.
E1-6B.LO 1-5 Kennedy Watson is the payroll accountant for Antizio Electronics, a company that engages in federal contracts. Kennedy wants to ensure that the company is compliant with the provisions of the Davis–Bacon Act. What is the process used to monitor payroll compliance in this situation?1.
E1-7B. Match the following items with their definitions: USERRAa. A provision of the Sarbanes–Oxley Act.b. Instituted a tiered income tax on workers.c. Prohibited employment of individuals younger than 16 years of age.d. Strengthened the child support provisions of PRWOR.e. Legislation that
E1-9B. Match the following items with their definitions: Internal controls documentationa. A provision of the Sarbanes–Oxley Act.b. Instituted a tiered income tax on workers.c. Prohibited employment of individuals younger than 16 years of age.d. Strengthened the child support provisions of
E1-10B. Match the following items with their definitions: HIPAAa. A provision of the Sarbanes–Oxley Act.b. Instituted a tiered income tax on workers.c. Prohibited employment of individuals younger than 16 years of age.d. Strengthened the child support provisions of PRWOR.e. Legislation that
E1-11B. Match the following items with their definitions: Lilly Ledbetter Fair Pay Acta. A provision of the Sarbanes–Oxley Act.b. Instituted a tiered income tax on workers.c. Prohibited employment of individuals younger than 16 years of age.d. Strengthened the child support provisions of
E1-12B. Match the following items with their definitions: Sixteenth Amendmenta. A provision of the Sarbanes–Oxley Act.b. Instituted a tiered income tax on workers.c. Prohibited employment of individuals younger than 16 years of age.d. Strengthened the child support provisions of PRWOR.e.
E1-13B. Match the following items with their definitions: Walsh–Healey Public Contracts Act a. A provision of the Sarbanes–Oxley Act.b. Instituted a tiered income tax on workers.c. Prohibited employment of individuals younger than 16 years of age.d. Strengthened the child support provisions
E1-14B. Match the following items with their definitions: Independent contractor a. A provision of the Sarbanes–Oxley Act.b. Instituted a tiered income tax on workers.c. Prohibited employment of individuals younger than 16 years of age.d. Strengthened the child support provisions of PRWOR.e.
E1-15B. Match the following items with their definitions: Personal Responsibility, Work and Family Promotion Act of 2002a. A provision of the Sarbanes–Oxley Act.b. Instituted a tiered income tax on workers.c. Prohibited employment of individuals younger than 16 years of age.d. Strengthened the
E1-16B. Match the following items with their definitions: IRCA a. A provision of the Sarbanes–Oxley Act.b. Instituted a tiered income tax on workers.c. Prohibited employment of individuals younger than 16 years of age.d. Strengthened the child support provisions of PRWOR.e. Legislation that
E1-17B. Match the following items with their definitions: Tax Cuts and Jobs Acta. A provision of the Sarbanes–Oxley Act.b. Instituted a tiered income tax on workers.c. Prohibited employment of individuals younger than 16 years of age.d. Strengthened the child support provisions of PRWOR.e.
P1-1B.LO 1-4, 1-5 Peyton Hatton is a payroll accountant with Embotelladora Traders, Inc.One of the employees poses a question about the legality of the deduction for Social Security tax from their pay. What should Peyton tell the colleague?
P1-2B.LO 1-1, 1-2 Jaylin Thomas is the payroll clerk for Telemba Communications. One of the company’s employees, Dakota Boon, informs Jaylin that he feels that he was the victim of unequal pay three years prior. What law(s) guide Dakota’s complaint?
P1-3B.LO 1-3 Blake Hudnall is Conosis Incorporated’s payroll accountant. During a casual conversation with coworkers, Blake learns that Teagan Vinkovic, a coworker, is deliberately overstating the number of hours worked during each pay period because of a personal economic situation. Which
P1-4B.LO 1-4 Amari Meyers works in the payroll department for Racine Traders. The company has experienced a decline in revenue over the past six months.The company president asks Amari to delay the remittance of payroll taxes to make more cash available to the company. Which act would be violated
P1-5B.LO 1-1, 1-2, 1-3 During a review of payroll records, Ocean Morena notices that a female employee in Department A receives a significantly lower salary than similarly skilled male employees in the same department. What actions should Ocean take in this situation?
P1-6B.LO 1-3 Sawyer Alescio is an accountant for Diado, a multinational firm. Sawyer notices that the new state payroll tax updates have not been installed during payroll processing in the firm’s software. What ethical guidelines govern Sawyer’s behavior in this situation?
P1-7B.LO 1-2 Nyx Croce is an employee of Autonder, a contractor that provides governmental construction services in Washington, DC. The current contract is for $250,000. Nyx is 22 and is paid $9.50 per hour. How does the Walsh–Healey Public Contracts Act affect Nyx?
P1-8B.LO 1-4 Marlon Moyo works as a payroll clerk at Semiconductor, Inc. Marlon shares an office with three other coworkers and must examine documents containing personal information as a regular part of the duties.Based on the provisions of the Privacy Act of 1974, what responsibilities does
P1-9B.LO 1-5 West is a senior payroll administrator for Falcive Landscape Design. The company has 15 employees and annual revenues of $10 million. The company has been using and maintaining manual payroll records for the last 20 years. The president of Falcive Landscape Design wants to explore
P1-10B.LO 1-2 Angel Bellini is the payroll accountant for Pyrondo Fireworks, and has been asked for information about employees and independent contractors.What are three of the key differences between employees and independent contractors?

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Payroll Accounting 2024 10th International Edition Jeanette Landin, Paulette Schirmer - Solutions

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