What taxes, if any, must be withheld from an employee's pay?
Answer
Federal income, social security and Medicare
Federal income only
Social Security and Medicare only
No taxes are withheld
Question 2
Question
What taxes, if any, must be withheld from an independent contractor's pay who provides a TIN (Taxpayer Identification Number)?
Answer
Federal income, social security and Medicare
Federal income only
Social Security and Medicare only
No taxes are withheld
Question 3
Question
What are exempt employees exempt from?
Answer
Minimum wage only
Overtime pay only
Minimum wage and overtime
Pay for time off
Question 4
Question
All of the following types of employees are classified as exempt from the FLSA's minimum wage and overtime requirements except:
Answer
Professional
Outside salesperson
Administrative
Computer repairman
Question 5
Question
What is the 2016 federal minimum wage?
Answer
$7.00
$7.55
$7.25
$7.15
Question 6
Question
If a state sets the minimum wage at a rate greater than the federal minimum wage the state minimum wage must be paid to workers in that state.
Answer
True
False
Question 7
Question
Tips can be counted toward the employee's minimum wage.
Answer
True
False
Question 8
Question
An employee works 40 hours per week as a fry cook. During the week, she substitutes for one of the waitresses and reports $5.00 per week in tips. Can her employer pay her $2.13 per hour?