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NEW QUESTION 31
All of the following data elements are required to be maintained in the employee master file EXCEPT:
- A. social security number
- B. birth date
- C. occupation
- D. marital status
Answer: D
NEW QUESTION 32
Which of the following benefits is allowable in an 125 plan?
- A. 403(b)
- B. Disability insurance
- C. Educational assistance
- D. Transportation fringe benefits
Answer: B
NEW QUESTION 33
The annual "bright-line" salary test to meet the definition of exempt under the FLSA is:
- A. $45,500
- B. $90,000
- C. $100,000
- D. $50,000
Answer: C
NEW QUESTION 34
Under which of the following situations may an employee change an election made under a 125 cafeteria plan within the plan year?
- A. Employee transfers to another department
- B. Employees divorces
- C. Employee receives a salary increase
- D. Employee is demoted
Answer: B
NEW QUESTION 35
The penalty for failure to withhold wages under a federal tax levy notice is:
- A. 75% of the amount not withheld
- B. 50% of the amount not withheld
- C. 150% of the amount not withheld
- D. 100% of the amount not withheld
Answer: B
NEW QUESTION 36
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