Fundamental Payroll Certification (FPC) Practice Exam

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How often are employees paid if they are on a biweekly schedule?

  1. Once a week

  2. Every two weeks

  3. Once a month

  4. Every three weeks

The correct answer is: Every two weeks

When employees are on a biweekly pay schedule, they receive their paychecks every two weeks. This means that in a typical year, employees on this schedule will receive 26 paychecks. The biweekly schedule is commonly used by many organizations as it helps with budgeting both for the employer and employees, aligning payroll processing efficiently within a given timeframe. Understanding this pay frequency is crucial for employees to manage their personal finances, as it affects their cash flow, budgeting, and overall financial planning. Thus, the correct answer reflects the standard definition of a biweekly pay period, emphasizing its frequency of every two weeks.