Business Administration
Mock Exam
Course Introduction
Business Administration is an interdisciplinary field focused on the principles and practices involved in managing organizations efficiently and effectively. This course provides students with foundational knowledge in key business areas such as management, marketing, finance, accounting, and operations. Emphasizing both theory and practical skills, the curriculum encourages critical thinking, problem-solving, and decision-making abilities essential for leadership roles in diverse business environments. Students will learn how to analyze business challenges, develop strategies, and understand the ethical and global context in which businesses operate, preparing them for a wide range of careers in the corporate, non-profit, and public sectors.
Recommended Textbook
Payroll Accounting 2017 27th Edition by Bernard J. Bieg
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6 Chapters
396 Verified Questions
396 Flashcards
Source URL: https://quizplus.com/study-set/3346 Page 2
Chapter 1: The Need for Payroll and Personal Records
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70 Verified Questions
70 Flashcards
Source URL: https://quizplus.com/quiz/66490
Sample Questions
Q1) The trend toward outsourcing of payroll operations has weakened in recent years.
A)True
B)False
Answer: False
Q2) Which of the following is not allowed as part of a company's pre-hire inquiries:
A) Past employment and experience records
B) Social Security numbers
C) Lie-detector tests
D) Educational background
E) List of references
Answer: C
Q3) Employers not subject to Title VII coverage may come within the scope of the Civil Rights Act by reason of a contract or subcontract involving federal funds.
A)True
B)False
Answer: True
Q4) The payroll register is a separate payroll record that is kept on each employee.
A)True
B)False
Answer: False
To view all questions and flashcards with answers, click on the resource link above. Page 3
Chapter 2: Computing Wages and Salaries
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79 Verified Questions
79 Flashcards
Source URL: https://quizplus.com/quiz/66489
Sample Questions
Q1) Under the continental system of recording time,9:00a.m.is recorded as 900 while 9:00 p.m.is recorded as 2100.
A)True
B)False
Answer: True
Q2) In January 2017,workers who receive the minimum hourly wage are paid $6.10 an hour.
A)True
B)False
Answer: False
Q3) A college may employ its own full-time students at 85 percent of the minimum wage.
A)True
B)False Answer: True
Q4) Under the piece-rate system,workers are paid according to their output.
A)True
B)False Answer: True
To view all questions and flashcards with answers, click on the resource link above. Page 4
Chapter 3: Social Security Taxes
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70 Verified Questions
70 Flashcards
Source URL: https://quizplus.com/quiz/66488
Sample Questions
Q1) In computing their own FICA taxes,employers may exclude the total amount of tips reported to them by their tipped employees.
A)True
B)False
Answer: False
Q2) The FICA tax rates and taxable wage bases are exactly the same for the employee and employer when the employee makes $200,000 or less.
A)True
B)False
Answer: True
Q3) Refer to Instruction 3-1.Fess receives wages totaling $74,500 and has net earnings from self-employment amounting to $51,300.In determining her taxable self-employment income for the OASDI tax,how much of her net self-employment earnings must Fess count?
Answer: 11ea7e83_1195_b1a8_ba34_8db8f4285a56_TB2268_11
Q4) A worker hired by the federal government in 2017 is covered under FICA.
A)True
B)False
Answer: True
To view all questions and flashcards with answers, click on the resource link above. Page 5
Chapter 4: Income Tax Withholding
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56 Verified Questions
56 Flashcards
Source URL: https://quizplus.com/quiz/66487
Sample Questions
Q1) Beech refuses to state her marital status on Form W-4 which she gave to you,the payroll manager,when she was hired.You should:
A) tell Beech that it is OK since you know that she was recently divorced and is reluctant to talk about it.
B) inform Beech that she will have to write the IRS and give her reasons for refusing to state her marital status.
C) tell Beech that you will have to withhold income taxes as if she were married and had claimed one allowance.
D) tell Beech that you will have to withhold income taxes according to the withholding table for a single employee with no allowances.
E) advise Beech to write "It is no business of yours." in the margin of her Form W-4.
Q2) Since not-for-profit corporations are exempt from federal income taxes,they are not defined as employers under the federal income tax withholding law.
A)True B)False
To view all questions and flashcards with answers, click on the resource link above. Page 6
Chapter 5: Unemployment Compensation Taxes
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67 Verified Questions
67 Flashcards
Source URL: https://quizplus.com/quiz/66486
Sample Questions
Q1) The Social Security Act ordered every state to set up an unemployment compensation program.
A)True
B)False
Q2) A traveling salesperson who solicits and transmits to the principal orders for merchandise for resale is considered an employee under FUTA.
A)True
B)False
Q3) Refer to Instruction 5-1.Stys Company's payroll for the year is $1,210,930.Of this amount,$510,710 is for wages paid in excess of $7,000 to each individual employee.The SUTA tax rate for the company is 3.2% on the first $7,000 of each employee's earnings.
a)The amount of FUTA tax for the year is __________.
b)The amount of SUTA tax for the year is __________.
Q4) Even if the duties of depositing the FUTA taxes and filing Form 940 have been outsourced,the employer is still the responsible party.
A)True
B)False
To view all questions and flashcards with answers, click on the resource link above.
Chapter 6: Analyzing and Journalizing Payroll
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54 Verified Questions
54 Flashcards
Source URL: https://quizplus.com/quiz/66485
Sample Questions
Q1) Carmen Gaetano worked 46 hours during this payweek.He is paid time-and-a-half for hours over 40 and his pay rate is $17.90/hour.What was his overtime premium pay for this workweek?
A) $107.40
B) $161.10
C) $50.70
D) $53.70
E) $26.85
Q2) Since FUTA tax is paid only once a quarter,the FUTA tax expense is recorded only at the time of payment.
A)True
B)False
Q3) An employer will use the payroll register to keep track of an employee's accumulated wages.
A)True
B)False
Q4) Posting to the general ledger for payroll entries is done only at the end of each calendar year.
A)True
B)False
To view all questions and flashcards with answers, click on the resource link above. Page 8