Fundamental Payroll Certification (FPC) Practice Exam

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Excel in the Fundamental Payroll Certification! Enhance your knowledge with flashcards and multiple-choice questions, complete with detailed explanations. Prepare thoroughly for your certification exam!

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How many times a year are employees paid in a biweekly schedule?

24 times
26 times
52 times
12 times

The correct answer is: 26 times

A biweekly pay schedule means that employees are paid every two weeks. Since there are 52 weeks in a year, you can divide the total number of weeks by the frequency of pay periods to determine the annual payment count. When you divide 52 weeks by 2, you arrive at 26 pay periods in a year. This means that under a biweekly schedule, employees receive their paycheck 26 times annually. This pay structure is common in many organizations, allowing for consistent cash flow for employees while aligning with the calendar year. The other options reflect different pay frequency schedules: for example, a twice-a-month payment would result in 24 paychecks, while weekly payments would yield 52 checks per year. Monthly pay schedules would lead to 12 payments a year. Understanding the differences in pay frequencies helps clarify how compensation is structured within various organizations.