CPP Certified Payroll Professional Tests Bundle Set

Payroll Concept Workers Status Correct Answer-Form SS8 is the IRS determination of EE or IC status. Reasonal Basis Test aka Safe Harbor Rules Sec 530-Alls ee to be treated like a IC for specific reasons such as a court order, IRS audit results, Attorney or CPA advisement, or long standing industry s...

Payroll Concept Workers Status Correct Answer-Form SS8 is the IRS determination of EE or IC status. Reasonal Basis Test aka Safe Harbor Rules Sec 530-Alls ee to be treated like a IC for specific reasons such as a court order, IRS audit results, Attorney or CPA advisement, or long standing industry s...

questions with correct answers Counseling is appropriate when: a. salaries have been frozen. b. introducing a new procedure. c. explaining tax law changes. d. orienting new employees. Correct Answer-a. salaries have been frozen. In addition to the accuracy-related penalty for underpayment of...

Which of the following workers is classified as an employee? Correct Answer-A day-care worker guaranteed a minimum salary plus a percentage of the profits (T/F) If an employee submits a Form W-4 indicating the desire to have a flat dollar amount of tax withheld, the Form W-4 is not valid and MUST...

FPC Payroll Fundamentals questions with correct answers

entry-level payroll clerk Correct Answer-an entry-level payroll clerk collects, reviews, approves, and records time records. The clerk also updates attendance records, including vacation, sick, and personal days. Once a payroll is processed, the clerk reviews the information to ensure the accuracy o...

In situational leadership, the way managers handle their staff depends on the way they deal with what two factors? Correct Answer-tasks and relationships What are the fundamental skills that must be mastered in most managerial positions? Correct Answer-strategic plannning/organizing staffing gi...

The payroll departments product should be Correct Answer-timely accurate include good customer service Customer Service is Correct Answer-problem solving, soothing the irate, reassuring the timid and even sometimes "pulling a rabbit out of a hat" Five principles associated with optimum cus...

Post-Tax deductions may be either voluntary or mandatory. Correct Answer-True Which of the following is true about the fundamental accounting equation? Correct Answer-It is commonly expressed as assets=liabilities+owner' equity Payroll accruals reflect the amount of payroll earned but not pai...

An HR Professional may run pre-defined queries for _____. Correct Answer-cases assigned to them within their provider group The "Workflow Template" and the "User Defined List" are options within _____. Correct Answer-Workflow Type Check on Learning - Recommend a Parachute Duty Pay Request ...

Period Ending Date Correct Answer-The last day the employee is being paid for in the current paycheck Pay Date Correct Answer-The date the check is written Give the most likely reason why there would be more allowances claimed for FEDERAL taxes, than STATE or LOCAL. Correct Answer-An employee ...

Lupore Fabrics obtained a contract in Watts Mills, South Carolina that involves the production of materials for military uniforms, a project contracted with the federal government for $2,800,000. What laws govern the wages Lupore Fabrics pays to its workers for this project? Correct Answer-Davis-Bac...

What is an example of an object? Correct Answer-Organizations, workers, and positions T/F You can calculate payroll multiple times during a pay period? Correct Answer-True T/F To include compensation data in your payroll results, you must run a compensation? Correct Answer-False What three ...

The Age Discrimination in Employment Act of 1967 prevented mandatory retirement for workers over the age of: A) 52. B) 47. C) 42. D) 40. Correct Answer-D) 40. The Age Discrimination in Employment Act of 1967 prevented mandatory retirement for workers over the age of: A) 55. B)...