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CPP-Remote Practice Questions

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Total Questions : 271

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Question # 41

Employers MUST submit Form 1096 with all of the following paper forms EXCEPT:

Options:

A.  

Form 1042-T.

B.  

Form 1098-T.

C.  

Form 1099-MIS

C.  

D.  

Form 1099-R.

Discussion 0
Question # 42

Which of the following validations confirms the manual data entry of deductions against a company-defined parameter?

Options:

A.  

Audit trail

B.  

Batch totals

C.  

Peer review

D.  

System edit

Discussion 0
Question # 43

Which of the following statements BEST represents Payroll Department internal control?

Options:

A.  

Payroll initiates deductions for group insurance.

B.  

Payroll reviews canceled checks before passing them to Treasury.

C.  

Payroll stores manual checks for safekeeping.

D.  

Payroll bank reconciliation is performed by Treasury.

Discussion 0
Question # 44

Under the FLSA, all of the following activities are compensable EXCEPT:

Options:

A.  

time engaged to be waiting.

B.  

time waiting to be engaged.

C.  

training held during working hours.

D.  

an employer-provided lunch meeting.

Discussion 0
Question # 45

Using the table below calculate the employer ' s federal tax liability for an employee that is paid on June 15th.

YTD wages: $27,687.50

Salary: $5,537.50

Pay frequency: Semimonthly

FSA medical: $324.80

Section 125 cafeteria plan deduction: $295.83

Imputed GTL: $94.99

Options:

A.  

$376.14

B.  

$383.41

C.  

$405.64

D.  

$413.48

Discussion 0
Question # 46

An election worker not covered by a Section 218 agreement earned $2,200.00 during the year. The mandatory reporting on Form W-2 is:

Options:

A.  

Box 1 only

B.  

Boxes 1, 3, and 5

C.  

Boxes 1, 2, 3, 5, and 7

D.  

Boxes 1, 2, 3, 4, 5, and 6

Discussion 0
Question # 47

The following information is taken from the first payroll of the year where no one has met FICA limits. Calculate the total FICA tax liability to be deposited.

Total wages: $356,000.00

Section 125: $5,000.00

457(b) contributions: $6,376.00

Charitable contributions: $100.00

Taxable Group-term Life Insurance: $14.52

Gift card awards: $452.00

Options:

A.  

$53,772.16

B.  

$53,774.38

C.  

$53,769.33

D.  

$53,759.08

Discussion 0
Question # 48

Based on the following information, calculate the MAXIMUM amount of supplemental wages.

Regular earnings: $85.20

Performance bonus: $50.00

Taxable fringe benefit: $200.00

Options:

A.  

$50.00

B.  

$200.00

C.  

$250.00

D.  

$335.20

Discussion 0
Question # 49

Which of the following data elements is NOT required as part of the payroll master file for an employee?

Options:

A.  

FLSA status

B.  

Service date

C.  

Tax filing status

D.  

Employment eligibility

Discussion 0
Question # 50

When a federal tax levy is in place for an employee, the amount of the employee’s wages that must be remitted to satisfy the levy is the amount remaining after the exempt amount has been subtracted from the employee ' s:

Options:

A.  

gross pay

B.  

disposable pay

C.  

take-home pay

D.  

federal taxable pay

Discussion 0
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