Payroll and Compensation Quiz

What is included in a payroll register?

• Gross pay and pension contributions

• Only hours and pay rate

• Total net pay and deductions

• Only total payroll wages

Which of the following is a deduction that can be listed in a payroll register?

• Overtime pay

• Federal income tax

• Employer contributions

• State unemployment tax

How is the pay for hourly workers calculated?

• Hourly rate multiplied by total deductions

• Hourly rate multiplied by number of hours worked

• Hourly rate multiplied by number of times paid in a year

• Hourly rate multiplied by annual salary

What is the typical overtime rate for hourly workers who work more than 40 hours per week?

• Hourly rate 2.5

• Hourly rate 1.75

• Hourly rate 2

• Hourly rate 1.5

How is the pay for salaried workers calculated?

• Annual salary amount divided by number of hours worked

• Annual salary amount divided by number of times paid in a year

• Annual salary amount divided by number of times paid in a year

• Annual salary amount multiplied by number of hours worked

What is the hourly rate for the first 40 hours of the week considered as?

• Overtime rate

• Double time

• Straight time

• Bonus rate

What is the employer's share of Medicare and Social Security considered as?

• Deductions

• Gross pay

• Overtime pay

• Employer contributions

What is the federal unemployment tax paid by the employer considered as?

• Deductions

• Gross pay

• Employer contributions

• Overtime pay