The "minimum wage law" is a common name for which act?

a$.$ Occupational Safety and Health Administration $($OSHA$)$

b$.$ Fair Labor Standards Act

c$.$ Workers' Compensation

d$.$ Equal Pay Act

$2.$ Under the

Select

$,$ all covered employees must be paid a

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wage. That wage is established by

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and is increased through

Select

$.$

$3.$ Merit systems and seniority systems instituted in good faith do not violate the Equal Pay Act even though they may result in different pay rates for the same jobs.

a$.$ True

b$.$ False

$4.$ Mika worked $45$ hours in week $1,30$ hours in week $2,$ and $25$ hours in week $3.$ Which of the following statements is correct?

a$.$ Mika's employer must pay her $5$ hours of overtime.

b$.$ Mika only qualifies as a part$-$time employee and is not entitled to overtime.

c$.$ The total number of hours for $3$ weeks is $100$ or $33\mathrm{.}3$ hours per week, so no overtime.

d$.$ Both that Mika only qualifies as a part$-$time employee and is not entitled to overtime and that the total number of hours for $3$ weeks is $100$ or $33\mathrm{.}3$ hours per week, so no overtime.

$5.$ If an employee reports a safety issue to the Occupational Safety and Health Administration $($OSHA$),$

a$.$ the employee can be terminated if OSHA determines there is no OSHA violation.

b$.$ OSHA can only inspect the premises with a warrant.

c$.$ the employee is entitled to collect $30$ percent of any fine OSHA recovers as a result of the reported issue.

d$.$ OSHA gives the complaint priority over random inspections.

$6.$ The Occupational Safety and Health Administration $($OSHA$)$ applies to:

a$.$ all employers.

b$.$ all employers with $15$ or more employees.

c$.$ all employees.

d$.$ all employers in a business affecting commerce with at least one employee.

$7.$ Employer drug testing:

a$.$ now requires a warrant.

b$.$ is necessary for workplace safety.

c$.$ cannot be done randomly.

d$.$ both requires a warrant and cannot be done randomly.

$8.$ Interest and dividend income is now subject to the Federal Insurance Contributions Act $($FICA$)$ taxes.

a$.$ True

b$.$ False

$9.$ Under the Employee Retirement Income Security Act of $1974($ERISA$),$ all employers are required to have a pension plan.

a$.$ True

b$.$ False

$10.$ Workers in the gig economy:

a$.$ must still have their contribution under the Federal Insurance Contributions Act $($FICA$)$ paid for by their companies.

b$.$ receive a $1099$ under Internal Revenue Service $($IRS$)$ regulations.

c$.$ are generally not independent contractors.

d$.$ increase labor costs for companies.

$11.$ Select ALL of the following that are required under ERISA.

a$.$ All employees are entitled to receive an annual statement that summarizes their contributions and the amount that is vested

b$.$ A company provided pension plan

c$.$ Minimum vesting requirements for all employees

d$.$ Disclosures about investments in company stock

e$.$ Early retirement pay$-$outs

$12.$ Unemployment benefits are not available to employees who are fired for engaging in behavior that the employee was warned about in the past.

a$.$ True

b$.$ False

$13.$ For each of the following benefits$/$programs$,$ determine whether the employer, employee, or both pays for the employment benefit$/$program$.$

Workers' compensation

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Unemployment compensation

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Private pension plan contributions

Select

The Federal Unemployment Tax Act $($FUTA$)$

Select

The Federal Insurance Contributions Act $($FICA$)$

Select