1-Which act sets the minimum wage, and what is the current wage rate? Under the FLSA , what information concerning employees ' wages earned must be maintained by the employer? 3-Who pays the social security taxes that are levied by the Federal Insurance Contributions Act ? How are the funds used which are provided by FUTA and SUTA? What types of unfair employment practices are prohibited by the Civil Rights Act of 1964 as amended? What is the purpose of the Age Discrimination in Employment Act ( ADEA ) ? Are there any exceptions to the protection afforded older workers by the Age Discrimination in Employment Act ? Who is covered by the Walsh - Healey Public Contracts Act ? Under the Family and Medical Leave Act , what is the maximum number of weeks of unpaid leave that a covered employer is required to offer an employee whose spouse is seriously ill ? What is the primary purpose of the Employee Retirement Income Security Act ( ERISA )? 11- Explain the concept of vesting. Under ERISA , if requested in writing , what information must the administrator of the pension fund supply to the participants ? Under the Affordable Care Act , which employers are required to provide insurance coverage for all full - time employees and their dependents ?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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1-Which act sets the minimum wage, and what is the current wage rate?

Under the FLSA , what information concerning employees ' wages earned must be maintained by the employer?

3-Who pays the social security taxes that are levied by the Federal Insurance Contributions Act ?

How are the funds used which are provided by FUTA and SUTA?

What types of unfair employment practices are prohibited by the Civil Rights Act of 1964 as amended?

What is the purpose of the Age Discrimination in Employment Act ( ADEA ) ?

Are there any exceptions to the protection afforded older workers by the Age Discrimination in Employment Act ?

Who is covered by the Walsh - Healey Public Contracts Act ?

Under the Family and Medical Leave Act , what is the maximum number of weeks of unpaid leave that a covered employer is required to offer an employee whose spouse is seriously ill ?

What is the primary purpose of the Employee Retirement Income Security Act ( ERISA )?

11- Explain the concept of vesting.

Under ERISA , if requested in writing , what information must the administrator of the pension fund supply to the participants ?

Under the Affordable Care Act , which employers are required to provide insurance coverage for all full - time employees and their dependents ?

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