Chapter 1 Homework - Dustin Taylor BE166 Payroll Accounting...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Dustin Taylor BE166 Payroll Accounting Chapter 1 Homework Questions for review: 1-20 1. The Fair Labor Standards Act set the minimum wage rate, and the current minimum wage is $7.25 per hour. 2. Day and time of day when workweek begins Regular hourly rate of pay Basis of wage payments Hours worked each day Hours worked each week Daily or weekly straight-time pay Amount and nature of exempt pay Weekly overtime pay Total additions to or deductions from wages Total remuneration for payroll period Date of payment Payroll period 3. Both the employee and the employer pay the social security taxes levied by FICA. 4. FUTA taxes are used to pay state and federal administration expenses of the unemployment program. SUTA taxes are used to pay unemployment benefits. 5. Discriminating in hiring, firing, promoting, compensating or in any other condition of employment on the basis of race, color, religion, gender, or national origin. Unions are prohibited from excluding or segregating their members based on race, color, religion, gender, or national origin. Employment agencies may not refer or refuse to refer applicants for employment on the basis of race, color, religion, gender, or national origin.
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern