Upwork Payroll test answers of 2016.

Question:* A non-exempt employee works 38 hours one week and 46 hours the next week. How many hours should this employee be paid for two weeks if guaranteed 40 hours?

Answer: • The employee should be paid 86 hours. 78 reg hours, 2 guarantee hours and 6 OT hours.

Question:* How long should an employer retain payroll information?

Answer: • Three years.

Question:* If an employee's gross wages are $10,000, federal withholding is $1,000 and the employee wages YTD is $112,000, how much more tax money should be taken from employee's check?

Answer: • $145.00

Question:* Which form is needed for independent contractors or vendors who are seeking payment for their products/services?

Answer: • W-9

Question:* A non-exempt employee worked 48 hours one week which included a holiday and 46 hours the next week. How much OT pay is due to this employee?

Answer: • Only 6 hours OT

Question:* Where is a student's EIN generally registered?

Answer: • PAWS

Question:* Of the following, which is considered an employer-paid benefit?

Answer: • Sick days.

Question:* What type of form is used to determine the amount of withholding taxes deducted from an employees check?

Answer: • W-4

Question:* What does the initials EIC stands for?

Answer: • Earned Income Credit

Question:* What is a pay period?

Answer: • A recurring period of time that time is recorded and paid.

Question:* What is a contractor?

Answer: • A person receiving payment for a task in its entirety.

Question:* Which is not entitled to company benefits?

Answer: • Contractor

Question:* What is an employee?

Answer: • A person who is trained and hired.

Question:* What is an Employer Identification Number for?

Answer: • It identifies a businesses entity.

Question:* Which of the following is considered a withholding tax?

Answer: • Income tax.

Question:* Why is payroll important from an accounting standpoint?

Answer: • Payroll and the taxes therein significantly impact the success of the company.

Question:* An employee damages equipment and a court orders their wages are withheld as repayment. This is known as:

Answer: • garnishment

Question:* Which tax form does a contractor use?

Answer: • 1099

Question:* Which tax form does an employee use?

Answer: • W-2

Question:* What is the employers responsibility with regard to Medicare taxes?

Answer: • Employers are responsible for paying both the employer and employee's portion of the Medicare tax.

Question:* If you were to purchase stock, how is it referred to in terms of payroll deductions?

Answer: • Employee stock purchase plan.

Question:* What is an example of a voluntary deduction?

Answer: • 401(k)

Question:* Which is an example of a required deduction?

Answer: • State taxes

Question:* An employee works 40 hours at $15 per hour. How much would their weekly pre-tax pay be?

Answer: • $600

Question:* Which of the following is a payroll-related tax that is imposed on employers?

Answer: • FICA taxes.

Question:* The pay earned by hourly-paid employees is usually referred to as?

Answer: • Wage

Question:* When can voluntary deductions be made?

Answer: • Only when the employee has agreed to them.

Question:* An employee has a HR status of 2080 annual hours, what is their employment status?

Answer: • Full Time

Question:* True or false? A new employee must fill out a W-4.

Answer: • True

Question:* Who is responsible for paying taxes deducted from employee's check?

Answer: • The employer is responsible for paying taxes deducted from an employee's check to the appropriate agency.

Question:* The amount of pay that an employee "takes home" or can deposit into the bank is called?

Answer: • Net

Question:* What is the typical pay period?

Answer: • Bi-weekly.

Question:* What is the primary objective of payroll?

Answer: • Accurate and timely payment to employees including deductions and withholdings.

Question:* What does IRA stand for?

Answer: • Individual Retirement Account

Question:* What must all EIN applications disclose?

Answer: • The true, legal owner of the business.

Question:* What is a reason an employee might see a garnishment on their paycheck?

Answer: • Child support.

Question:* Which of the following do employees use to report annual income tax returns?

Answer: • W-2

Question:* How many yearly paychecks should a bi-weekly pay period yield to an employee?

Answer: • 26

Question:* The combination of the Social Security tax and the Medicare tax is referred to by what acronym?

Answer: • FICA

Question:* True or false? A fiscal year must start on January 1st.

Answer: • False

Question:* Which form do you use to declare exemptions and allowances?

Answer: • W-4

Question:* What is the function of payroll?

Answer: • The recording of salaries, wages, bonuses, and deductions.

Question:* 401K deductions are calculated from an employee's ...

Answer: • Gross Wages before taxes

Question:* Which tax is unique to the states, California, Hawaii, New Jersey, New York, and Rhode Island?

Answer: • Disability insurance tax.

Question:* Which employee tax elected filing status will deduct the highest withholding amount?

Answer: • Single 0

Question:* A bonus is listed under what category?

Answer: • Benefits.

Question:* What is gross pay?

Answer: • The total amount earned, before taxes

Question:* What is the current medicare taxable rate for 2012?

Answer: • 1.45%

Question:* In the General Journal, which side would your payroll tax expense be located?

Answer: • Debit

Question:* What specific criteria must be used when making a voluntary deduction for meals?

Answer: • The meal must have been job-related.

Question:* What requirements does the FLSA have for records keeping?

Answer: • None beside accurate record keeping.

Question:* What is an ACH payment related to?

Answer: • Direct deposits

Question:* What three payroll taxes are employers responsible for?

Answer: • FICA, FUTA, SUTA

Question:* What form is required to verify employment eligibility for a new or potential employee?

Answer: • I-9

Question:* Are you obligated to set up a method of taxation for independent contractors?

Answer: • No.

Question:* What is the standard rate for Medicare taxes?

Answer: • 1.45%

Question:* Which form is filled out by the employee and includes an employees withholding for federal tax purposes?

Answer: • W-4

Question:* What is a tax outside the scope of Federal taxes that an employer and employee are legally obligated to?

Answer: • State Income Tax

Question:* Who is a “nominee”?

Answer: • Delegated parties who are given limited authority to act on behalf of an entity for duties including payroll.

Question:* A employee garnishment is usually taken out of an employee's check when?

Answer: • After taxes. Amount is deducted from the net check.

Question:* An exempt employee is exempt from...?

Answer: • Overtime

Question:* What type of form is used to pay funds directly to employees bank account?

Answer: • Direct Deposit Form

Question:* What forms are filed at the end of the year to report employee wages to IRS?

Answer: • W-2

Question:* Which is listed under payroll taxes and costs?

Answer: • Medicare.

Question:* What tax document is provided at the end of the year to independent contractors and includes all payments paid?

Answer: • 1099 Misc Form

Question:* A employee garnishment is usually taken out of an employee's check when?

Answer: • After taxes. Amount is deducted from the net check.

Question:* If you were recording journal entries for wage expenses, where would they be listed?

Answer: • Debit.

Question:* What type of tax return is used to file employee deducted and employer matched payroll taxes at the end of a quarter?

Answer: • 941 Tax Return

Question:* Which tax return is used to file federal annual employer paid taxes?

Answer: • 940 Tax Return

Question:* What two accounting records are payroll typically recorded to?

Answer: • Income Statement and Balance Sheet

Question:* Which tax can you elect to be paid for in advance in your check if you qualify?

Answer: • EIC

Question:* When accounting for taxes payable, how are they listed?

Answer: • Credit.

Question:* If exempt employee Dr. Banks worked 48 hours in one week and 46 hours in a second week, how much overtime should he be paid?

Answer: • None

Question:* What form must a contractor include to not be considered an employee?

Answer: • Invoice

Question:* Which form is used to correct an employees reported wages to IRS after W-2's have been issued?

Answer: • W-2C

Question:* What is the current employer tax rate for FICA social security and medicare?

Answer: • 7.65%

Question:* How long should a W-4 be kept on file?

Answer: • Two years.

Question:* A employee garnishment is usually taken out of an employee's check when?

Answer: • After taxes. Amount is deducted from the net check.

Question:* What is the maximum taxable earnings allowed for medicare?

Answer: • The is no maximum taxable earnings for medicare?

Question:* Which form is used to correct an employees reported wages to IRS after W-2's have been issued?

Answer: • W-2C

Webson Job Posts : Additional Questions and Answers of oDesk/Upwork Job Application

Webson Job Posts

Additional Questions and Answers of oDesk/Upwork Job Application

Additional Questions and Answers of oDesk/Upwork Job Application

1. What past project or job have you had that is most like this one and why?

Ans: According to your job requirements, I have done many projects like yours. For more details you can check my portfolio, profiles and employment history where you will find the similar projects like your desire one.

2. Do you have suggestions to make this project run successfully?

Ans: Sure I have suggestions for you in this project. According to my concept, the updated strategy and proper methods can make this project successful. And surely I will make this project successful.

3. Which part of this project do you think will take the most time?

Ans: According to your job details, I have years of experiences in both fields. And I always use the updated techniques and win the competition. I have a strong belief that I would be able to make this project successful within short time.

4. Have you taken any oDesk/Upwork tests and done well on them that you think are relevant to this job?

Ans: Yes I have taken oDesk/Upwork Skill Tests and I have done well. You can check my tests area. Default system of odesk/Upwork tests is a good method of justify oneself. And yes I appreciate it as well as I did well in here.

5. How much time do you think it will take to accomplish the task for google results ?

Ans: Competition is everywhere. Always want to be ranked in google. But failing in this competition is problematic. And I know this problem. The problem is the so called workers do not use the updated methods where I always hit the iron when it is hot. That’s why I can assure you that I will be able to do it in short times than the rest (2+ or 3+ months)

6. What part of this project most appeals to you?

Ans: Here the two parts of this project appeal me very much, one is that all the requirements are in favor of me and the second one is I like to do these kind of job. These kind of project and job give me mental satisfaction.

7. Why do you think you are a good fit for this particular project?

Ans: I think I am a good fit for this job because I have all the qualities that you are looking for. Experience is the golden factor in this project where you find in me at least 3+ years of working experiences over all the factors in your project.

8. Do you have any questions about the job description?

Ans: Your arrangement of the job description is fully understandable and I have understood it very well. Still I have no questions about your job description. If I need any information latter, I must convey you and discuss with you in a friendly circumstances.

9. Which of the required job skills do you feel you are strongest at?

Ans: I have carefully read your job description and I have more than 3 years of working experience in both of your required skills. And I am strongest at all of your required qualities. Hope I will be the perfect worker for you in this project.

 10. What SEO jobs have you done in the past?

Ans: I have successfully completed many seo projects before, you can see my employment history and portfolio projects. I hope I will also be successful in this project. You can undoubtedly hire me.

11. How much time will you need to work on this project to see results and how will you spend your time working on this project?

Ans: I have a strong belief that I would be able to make this project successful within short time. I will spend my time working on this project hourly with white hat updated method and make it successful.

12. Have you done high quality back-linking before? if so what sites do you use?

Ans: Sure I have done high PR back-inkling before and ranked many sites. You can check my employment history and portfolio. (You can also include some links here)

13. Why should i chose you over the other 100 that have applied for this Job?

Ans:  This is a good point you have asked. Here you will found many so called worker who do not know how to work. I am totally different from them. I have a long term plan to work in here, that’s why I am here with all qualities and experiences. I am here not to cheat you rather help you.

14. What challenging part of this job are you most experienced in?

Ans: Everything is now becoming challenging, If one has to win he or she should have the proper knowledge of the present situation. And I am most experienced in this factor. Hope I will make your project successful.

15. Who have you worked with that has yielded quick results. What was the cost to client to receive positive results?

Ans: I have successfully completed many projects. You can see my portfolio and employment history. And I took the relevant cost, I never ask for high price.

16. Tell me how you would go about increasing my rankings for my website?

Ans: Ranking a website on some certain keywords are now very difficult. But if one has relevant ideas and skills about the search engines’ logarithm, he/she must win this competition. According to that I will first make your site search engine friendly then I will make it popular to others and increase its rank.

17. Why did you apply to this particular job?

Ans: I have applied to this particular job because all the requirements of this project are in favor of me and I can 100% assure you that I must be successful in this project and satisfy you. I never apply to any job what doesn’t match my skills.

18. Have you read the job description fully and understand it and feel you are an ideal candidate for the job?

Ans: Great question. I never take any attempt without having the full knowledge of a matter. I have carefully read the job description and only then I decided to apply when I thought; I am the best one for this project. You can undoubtedly hire me.

19. What questions do you have about the project?

Ans: I have read the whole job description and it is really informative. I did not found anything that is irrelevant to me. I have understood every single part of the job description. Still I have not any question about the project. If I need any further help, I must ask you.

20. Do you have previous experience? If so, do you have some examples?

Ans: This is a good question, my dear client. And yes, I have a lot of previous experiences. For more on it please check my profile, work history and feedback. I have also added some portfolio that is more relevant to your question. Thanks a lot.

21. What can you do for us that someone else can’t?

Ans: Yes, really a good question. You have seen many freelancers have applied in this project but the best one for this project should be the person who has previous experiences for the relevant skills. And I have both experiences and skills. That’s why I can proudly assure you that I will be the best one among the all workers.

22. Can you read and understand English to a reasonable standard?

Ans: Yes, I can read and understand English to a reasonable standard. Although English is my second language, I practiced it well and now I am able to fully read, write, listen and speak in English. Hope our conversation will go well during the project.

23. Why should I hire you?

Ans: Yes, really this is a good question. You have seen many freelancers have applied in this project but the best one for this project should be the person who has previous experiences for the relevant skills. And I have both experiences and skills. That’s why I can proudly assure you that I will be the best one among the all workers. Hope you have got your answers that why you should hire me?

24. What can you do for us that someone else can’t?

Ans: It is difficult to say about other workers. Different workers have different talents and experiences. But I can assure you about myself. I never take that project in which I can never be successful. I consider my skills and knowledge then I assure my clients. For this reason you can be sure that your project will be successful in due time.

25. Tell me how you would go about increasing my rankings for my website?

Ans: Ranking is too much tough in the present market condition. But this is an easy tasks for the pro marketers. Because pro marketers always do research for the newer technology. In one hand competition increases and in another hand technology updates. So as a pro marketer and researcher, I can raise my voice for “No doubt on my marketing factors”. I know my steps and do it properly.