Building Code Administrators and Inspectors Florida Principle and Practice Licensure Practice Exam

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What form of payment is required for all weekly compensation payments, except the first payment?

  1. Cash

  2. Check

  3. Cash or check

  4. None of the above

The correct answer is: Check

The requirement for weekly compensation payments, except for the first payment, to be made via check is rooted in the need for a more reliable and traceable method of payment. Checks provide a written record of the transaction, which is important for both the payer and the payee. This traceability helps in maintaining accurate financial records, which can be crucial during audits or disputes regarding payments. In contrast, cash payments do not leave a paper trail, making it difficult to verify that a payment was made or received. While cash or check options might seem convenient for some instances, the preference for checks ensures a standardized process that protects both the employer and the employee from potential issues that could arise with cash transactions. Additionally, the first compensation payment may sometimes involve a different method of addressing immediate needs or legal requirements, hence the distinction.