Payroll Level II Pre-Assessment Good Luck! Question Title * 1. Name Question Title * 2. The FLSA covers four things. List them. #1 #2 #3 #4 Question Title * 3. List the three White Collar Exemption Classifications: #1 #2 #3 Question Title * 4. What is the minimum weekly salary level required for exemption for the employees listed in question 2? Question Title * 5. Which two forms must be completed when an employee is first hired? #1 #2 Question Title * 6. How often must the new hire report be filed with the state? Question Title * 7. The FMLA is administered and enforced by ______ Question Title * 8. What is the definition of a workweek? Question Title * 9. Where does the employer send Form W-2? Question Title * 10. What form must be completed to obtain a Social Security Card? Question Title * 11. What are the three valuation methods that can be used to determine the taxable amount for an employee’s personal use of a company provided vehicle? #1 #2 #3 Question Title * 12. An employee earns $30,000 per year and the company provides GTL insurance of 3 times the employee’s annual salary. How much of the insurance coverage is subject to taxation? Question Title * 13. What are the three major categories of benefits paid through social security? #1 #2 #3 Question Title * 14. Under FMLA, eligible employees are entitled to how many weeks of unpaid leave to care for a qualified individual? Question Title * 15. What is the law that established minimum wage and overtime standards in the US? Question Title * 16. Pam is receiving a net bonus of $10,000. Calculate the gross up using the following information:- FIT 25%; State 3.5%; Social Security and Medicare tax- What is the gross up amount that must be processed so that Pam receives a net of $10,000? Question Title * 17. Define the following acronyms: OASDI UIFSA RDFI PDS ODFI HCE SSNVS USCIS FUTA EEOC FMV ICE NACHA Question Title * 18. How often is the 940-form filed? Question Title * 19. How long must an employer retain a I-9 form for an employee who worked for the company for more than 4 years? Question Title * 20. If a monthly depositor accumulates $100,000 in tax liability on any day during a month, when would these funds be due? Question Title * 21. Name three circumstances when an employee is allowed to make changes to their benefits under a Cafeteria Plan? #1 #2 #3 Thank you for completing this pre-assessment. Once you submit, you will be directed to the Corporate College Professional Development webpage. Done