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Test Answers: Business Education

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Test Answers: Business Education
CHAPTER 1 PRE TEST

The business operation that is almost completely governed by State and Federal laws is:
a. the Payroll system.

The Americans with Disabilities Act (ADA):
a. prohibits the hiring of disabled persons.

b. prohibits discrimination against qualified people who are disabled.

The law requiring a minimum wage be set by the Secretary of Labor
a. is the Davis-Bacon Act of 1931.

The law requiring a minimum wage be set by the Secretary of Labor is the Davis-Bacon Act of 1931. Pg 1-8.
-Verify:
a. is administered by the Department of Homeland Security (DHS).

b. is required of all employers.

c. automatically compares Forms W-2 and W-4.

d. allows employers to check employment eligibility

E-Verify allows employers to check employment eligibility. Pg 1-9.
Title VII of the Civil Rights Act of 1964
a. eliminates arbitrary treatment or dismissal.

b. eliminates discrimination based on abilities.

Outsourcing payroll:
a. is generally less efficient than preparing payroll in-house.

b. may be an affordable option for small businesses.

Outsourcing payroll may be an affordable option for small businesses. Pg 1-21.
The Family Leave and Medical Leave Act of 1993 (FMLA):
a. grants unpaid leave for a family or medical emergency.

The Affordable Care Act of 2010:
a. provides a tax credit to small employers who offer health coverage to employees.

Affordable Care Act of 2010 provides a tax credit to small employers who offer health coverage to employees. Pg 1-11.
The Employment Retirement Income Security Act of 1974 (ERISA):
a. requires the Pension Benefit Guarantee Corporation to provide benefits.

b. requires employers to establish pension plans.

c. was designed to ensure employees covered by pension plans receive benefits.

The Payroll Register:
a. provides important information needed to register with the Payroll Recording and Security Act (PRSA).

b. is used to register employees in the Federal Unemployment program.

c. is used to

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