Test Bank For Payroll Accounting 2016 26th Edition By Bieg
True / False |
1. The current minimum wage set by the Fair Labor Standards Act is $7.25 per hour.
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2. The FLSA imposes no recordkeeping requirements on employers.
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3. The employer is required by the FLSA to display a poster that informs employees of the provisions of the law.
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4. All states have set their minimum wage to be the same as the federal government.
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5. Under the Federal Insurance Contributions Act, the Medicare portion of the tax is only paid by the employer.
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6. The FLSA provides health insurance for the aged and disabled (Medicare).
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