1. Under individual employee coverage, the worker is covered by the FLSA if: a.the worker is a housekeeper in a private home for 16 hours a week. b.the domestic receives cash wages of at least $2,300 from the employer in the calendar year. c.the worker produces goods for interstate commerce. d.All of these choices are correct. e.None of these choices are correct.

Income Tax Fundamentals 2020
38th Edition
ISBN:9780357391129
Author:WHITTENBURG
Publisher:WHITTENBURG
Chapter6: Accounting Periods And Other Taxes
Section: Chapter Questions
Problem 17MCQ
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1. Under individual employee coverage, the worker is covered by the FLSA if:

a.the worker is a housekeeper in a private home for 16 hours a week.
b.the domestic receives cash wages of at least $2,300 from the employer in the calendar year.
c.the worker produces goods for interstate commerce.
d.All of these choices are correct.
e.None of these choices are correct.
 

2. The FICA tax rates for the self-employed are:

a.6.2% (OASDI) and 2.9% (HI).
b.6.2% (OASDI) and 1.45% (HI).
c.12.4% (OASDI) and 1.45% (HI).
d.10.0% (OASDI) and 1.0% (HI).
e.None of these choices are correct.
 

3. The garnishment that takes priority over all others, except bankruptcy orders is :

a.a government student loan
b.an administrative wage garnishment
c.a child support order
d.a state tax levy
e.a creditor garnishment
 

4. The FLSA requires that:

a.employers use the continental time system to record all time worked by employees.
b.employees sign each clock card.
c.employers keep records that show the hours each employee worked each workday and each workweek.
d.employers use time cards to record the employees' time worked.
e.None of these choices are correct.
 

5. Which of the following is a provision of the Fair Labor Standards Act (FLSA)?

a.Tax on net earnings of self-employed individuals
b.Allows discrimination in hiring
c.separate tax on employees and employers
d.sets up minimum wage
e.All of these choices are provisions of the FLSA.
 
6.
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