Practice Tests For IT & Nursing
Question # 36

Which law governs continuation of health coverage for employees after termination?

Options:

A.

FLSA

B.

COBRA

C.

FUTA

D.

ERISA

Question # 37

An employee earns $2,100 semimonthly. What is the annual salary?

Options:

A.

$49,800

B.

$50,000

C.

$50,200

D.

$50,400

Question # 38

An employee earns $17/hour and works 46 hours. What is gross pay?

Options:

A.

$782

B.

$782 plus overtime premium

C.

$833

D.

$867

Question # 39

When payroll liabilities are paid, which accounts are affected?

Options:

A.

Debit Payroll Expense; Credit Cash

B.

Debit Payroll Liabilities; Credit Cash

C.

Debit Cash; Credit Payroll Expense

D.

Debit Equity; Credit Payroll Expense

Question # 40

An employee earns $1,800 semimonthly. What is their annual salary?

Options:

A.

$41,600

B.

$42,000

C.

$43,200

D.

$44,000

Viewing question 8 out of 14 questions


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FPC Overview

Name FPC Fundamental Payroll Certification
Code FPC
Vendor Finance, Insurance and Real Est
Certification American Payroll Association (APA)

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