National Payroll Week Trivia!
- 1.
The person who writes the check is called:
- A.
Payor
- B.
Signee
- C.
Payee
- D.
Maker
Correct Answer
D. MakerExplanation
The person who writes the check is called the maker. This is because the maker is the individual who is creating and initiating the check, typically by filling out the necessary information such as the recipient's name, the amount to be paid, and signing the check. The maker is responsible for ensuring that there are sufficient funds in their account to cover the payment.Rate this question:
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- 2.
When referring to a paycheck the acronym SSN means what?
- A.
Salary Secure Number
- B.
Social Security Number
- C.
Secure Social Network
- D.
Set Salary Number
Correct Answer
B. Social Security NumberExplanation
The correct answer is "Social Security Number". In the context of a paycheck, SSN refers to the individual's unique identification number issued by the Social Security Administration. This number is used for various purposes, including tax and employment documentation.Rate this question:
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- 3.
Which President’s face appears on a dime?
- A.
Franklin D. Roosevelt
- B.
George Washington
- C.
Abraham Lincoln
- D.
Barack Obama
Correct Answer
A. Franklin D. RooseveltExplanation
The correct answer is Franklin D. Roosevelt. He is the President whose face appears on a dime.Rate this question:
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- 4.
What is in the top right corner of a check?
- A.
Check Number
- B.
Signature
- C.
Amount
- D.
Name & Address
Correct Answer
A. Check NumberExplanation
The top right corner of a check typically contains the check number. This number is used to identify the specific check and keep track of it in the checkbook. It is important for record-keeping purposes and can be useful in case of any discrepancies or issues with the check.Rate this question:
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- 5.
In ADP Payroll Solutions, a client with 50-999 associates is considered what type of business?
- A.
Small Business
- B.
Mid Size Business
- C.
Large Business
- D.
Too Big
Correct Answer
B. Mid Size BusinessExplanation
In ADP Payroll Solutions, a client with 50-999 associates is considered a "Mid Size Business." This implies that the client falls within the range of having a moderate number of employees, indicating a certain level of growth and stability. It suggests that the client may have a larger payroll and more complex payroll needs compared to a small business, but is not yet considered a large business or too big.Rate this question:
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- 6.
What year was National Payroll Week founded by the American Payroll Association?
- A.
1912
- B.
1919
- C.
2004
- D.
1996
Correct Answer
D. 1996Explanation
National Payroll Week was founded by the American Payroll Association in 1996.Rate this question:
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- 7.
In America, payroll professionals are certified by who?
- A.
APA
- B.
CPA
- C.
CPP
- D.
ACP
Correct Answer
A. APAExplanation
Payroll professionals in America are certified by the American Payroll Association (APA). The APA is a professional organization that provides certification programs, resources, and support for payroll professionals. This certification demonstrates that the individual has met certain standards of knowledge and experience in the field of payroll.Rate this question:
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- 8.
Approximately how many Americans have their paychecks processed through ADP?
- A.
1:2
- B.
1:3
- C.
1:6
- D.
1:10
Correct Answer
C. 1:6Explanation
Approximately one out of every six Americans have their paychecks processed through ADP. This means that ADP is a major player in the payroll processing industry and handles a significant portion of the American workforce's paychecks.Rate this question:
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- 9.
In the movie “Catch Me if You Can,” this con artist, invented some of the latest technological features used in checks issued by ADP today?
- A.
Karen Alexander
- B.
Frank Abagnale
- C.
Alan Young
- D.
David Hampton
Correct Answer
B. Frank AbagnaleExplanation
Frank Abagnale is the correct answer because he is the con artist portrayed in the movie "Catch Me if You Can" and is known for his skills in check forgery and fraud. He did indeed invent some of the latest technological features used in checks issued by ADP today.Rate this question:
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- 10.
National Payroll week coincides with what holiday?
- A.
Memorial Day
- B.
President's Day
- C.
Labor Day
- D.
Halloween
Correct Answer
C. Labor DayExplanation
National Payroll Week coincides with Labor Day. Labor Day is a federal holiday in the United States that celebrates the contributions and achievements of workers. It is observed on the first Monday in September and is a time to honor the labor movement and the social and economic achievements of American workers. National Payroll Week, which typically occurs during the same week as Labor Day, is a time to recognize and appreciate the hard work and dedication of payroll professionals who ensure that employees are paid accurately and on time.Rate this question:
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- 11.
When was paper money with the new currency first printed in the US?
- A.
1799
- B.
1812
- C.
1861
- D.
1920
Correct Answer
C. 1861Explanation
In 1861, paper money was first printed in the US. This marked the beginning of the modern era of paper currency in the country. Prior to this, various forms of currency such as coins, banknotes issued by individual banks, and even foreign currencies were used. The introduction of paper money in 1861 was a significant step towards establishing a standardized and centralized monetary system in the United States.Rate this question:
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- 12.
Approximately how long does a $1 bill last in circulation?
- A.
6 Months
- B.
18 Months
- C.
24 Months
- D.
36 Months
Correct Answer
B. 18 MonthsExplanation
A $1 bill typically lasts around 18 months in circulation before it becomes too worn out and needs to be replaced. This is due to the constant handling and use of the bill in everyday transactions. Over time, the bill becomes torn, dirty, and unfit for further use, which is why it is regularly taken out of circulation and replaced with a new bill.Rate this question:
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- 13.
What part of a paycheck stub can change on a yearly basis?
- A.
Taxes
- B.
Period
- C.
Deduction
- D.
Bank
Correct Answer
A. TaxesExplanation
The part of a paycheck stub that can change on a yearly basis is taxes. This is because tax rates and regulations can be updated annually, leading to changes in the amount of taxes withheld from an employee's paycheck. Factors such as changes in income, tax brackets, and deductions can also affect the amount of taxes owed or refunded, resulting in variations on the paycheck stub from year to year.Rate this question:
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- 14.
How many fields are there to fill out on a check?
- A.
7
- B.
4
- C.
3
- D.
6
Correct Answer
D. 6Explanation
There are six fields to fill out on a check. These fields include the date, payee, amount in numbers, amount in words, signature, and memo. Each field serves a specific purpose and is necessary for the check to be properly filled out and processed.Rate this question:
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- 15.
What is paper currency made from?
- A.
100% Cotton
- B.
25% Cotton 75% Linen
- C.
25% Linen 75% Cotton
- D.
100% Linen
Correct Answer
C. 25% Linen 75% CottonExplanation
Paper currency is made from a combination of materials, including cotton and linen. The correct answer is 75% Cotton 25% Linen, which means that 75% of the currency is made from cotton fibers and 25% is made from linen fibers. This combination of materials provides durability and strength to the paper currency, making it difficult to tear or wear out easily.Rate this question:
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Jul 31, 2024Quiz Edited by
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Sep 07, 2011Quiz Created by
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