fill in the blank questions 16 employees of firms engaged in interstate commerce mus 4302246

 

Fill in the Blank Questions
 

16. Employees of firms engaged in interstate commerce must receive an overtime rate of at least 1.5 times the regular hourly rate of pay for time worked in excess of ____________________ hours per week. 
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17. FICA tax is commonly referred to as ____________________ tax. 
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18. One who is hired by an employer and who is under the control and direction of the employer is called a(n) ___________________. 
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19. An independent ____________________ is paid by the company to carry out a specific task or job but is not under the direct supervision, control, and direction of the company. 
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20. Employers are required to pay workers' ____________________ insurance that will reimburse employees for losses suffered from job-related injuries. 
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21. An employee whose regular hourly rate is $12 and whose overtime rate is 1.5 times the regular rate worked 45 hours in one week. The employer should record an overtime premium of ____________________ in the payroll register. 
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22. Salespeople who are paid a percentage of net sales are paid on the basis of ___________________. 
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23. If employees in a manufacturing business are paid wages based on the number of units produced, they are paid on the ____________________ basis. 
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24. Because salaried employees who hold supervisory or managerial positions generally are not subject to wage and hour laws, they are known as ____________________ employees. 
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25. A worker who is paid an agreed amount for each week or month or year is said to be paid on a(n) ____________________ basis. 
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26. After payroll computations are made, the hours worked, rates, earnings, and deductions are entered into a record called a(n) ___________________. 
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27. To compute ____________________ pay, it is necessary to subtract the total of an employee's deductions from the employee's gross pay. 
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28. The details that are entered on the employee's individual earnings record for each pay period are obtained from the _______________________. 
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29. The employer records the amount of federal income taxes withheld from employees in the Employee Income Tax ____________________ account. 
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30. The amount of employees' ____________________ pay is recorded in the Wages Expense account. 
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