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CERTIFIED PAYROLL PROFESSIONAL (CPP) EXAM 2024/2025 / 2 VERSIONS (VERSION A AND B) ACTUAL COMPLETE REAL EXAM QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS)/ALREADY GRADED A+ $25.99   Add to cart

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CERTIFIED PAYROLL PROFESSIONAL (CPP) EXAM 2024/2025 / 2 VERSIONS (VERSION A AND B) ACTUAL COMPLETE REAL EXAM QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS)/ALREADY GRADED A+

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CERTIFIED PAYROLL PROFESSIONAL (CPP) EXAM 2024/2025 / 2 VERSIONS (VERSION A AND B) ACTUAL COMPLETE REAL EXAM QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS)/ALREADY GRADED A+ CERTIFIED PAYROLL PROFESSIONAL (CPP) EXAM 2024/2025 / 2 VERSIONS (VERSION A AND B) ACTUAL COMPLET...

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  • November 17, 2024
  • 40
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CERTIFIED PAYROLL PROFESSIONAL
  • CERTIFIED PAYROLL PROFESSIONAL
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CERTIFIED PAYROLL PROFESSIONAL (CPP) EXAM 2024/2025 /
2 VERSIONS (VERSION A AND B) ACTUAL COMPLETE REAL
EXAM QUESTIONS WITH DETAILED VERIFIED ANSWERS
(100% CORRECT ANSWERS)/ALREADY GRADED A+


The voluntary agreement between a state and the federal
Department of Health and Human Services (HHS) covering the
state's employees under the social security and Medicare programs
is known as a: - ANSWER -§132 agreement.


Under the FLSA's white collar exemptions rules, an exempt
professional employee must meet all of the following requirements
EXCEPT:
a. being paid a weekly salary of at least $455.00.
b. consistently exercising discretion and judgment.
c. having knowledge acquired through prolonged study.
d. having authority to hire and fire employees. - ANSWER -having
authority to hire and fire employees.


An expatriate is someone who: - ANSWER -lives and works outside
his or her own country


An expatriate employee may qualify for the foreign earned
income exclusion under: - ANSWER -either the
physical presence test or the
bona fide residence test.

,Which of the following statements is true
regarding master file data? a. An
employer may make electronic copies of
all records.
b. Employers must be able to produce original records for the IRS
immediately.
c. The DOL requires annual updating of employment data.
d. Employers must keep the original paper copy of all IRS forms. -
ANSWER -An employer may make electronic copies of all records.


A waitperson declares $175.00 in tips this week and as a full-time
employee, often works overtime. Can the employer take the tip
credit on the overtime hours? - ANSWER -Yes, the tip credit applies
to all hours worked


Under the FLSA, highly compensated employees are
classified as exempt EXCEPT when: a. performing non-
manual work.
b. meeting one requirement of the administrative,
professional, executive or outside sales exemption. c. paid a
weekly salary less than $455.00.
d. annual compensation is $100,000.00 or more. - ANSWER -c. paid
a weekly salary less than $455.00.


Optimum customer service within the payroll department
includes all of the following principles EXCEPT:

,a.
reliability.
b.
tangibles.
c.
sympathy.
d. assurance. - ANSWER -
c. sympathy




Multiple Worksite Reporting is used by which agency? - ANSWER -
Bureau of Labor Statistics


An external audit provides: - ANSWER -an assessment of the
financial statements


Liabilities are defined as - ANSWER -claim against the company
assets


Balance Sheet Equation - ANSWER -Assets = Liabilities + Owner's
Equity


When reporting the cost of employer provided health coverage
on Form W-2, all the following methods can be used for
calcullating the amount EXCEPT: a. COBRA applicable premium
method
b. premium charge method

, c. actual COBRA premium charged method
d. modified COBRA premium method - ANSWER -c. actual COBRA
premium charged method


The health insurance amount reported on Form W-2 in Box 12, with
Code DD is: - ANSWER -For informational
purposes
only


An agreement between a state and the federal department of Health
and Human Services (HHS) is known as -
ANSWER -§218
agreement.


The foreign earned income exclusion limit for a qualified employee
in 2019 is - ANSWER -$105,900


Totalization agreements - ANSWER -Designed to prevent double
taxation in social security and medicare


What types of Visas are avaliable for foreign nationals seeking
admission to the US? - ANSWER -Immigrant and
Nonimmigrant


Form SS-5 is used to: - ANSWER -obtain a new social security card
or have a card reissued.

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