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CPP-Remote Practice Questions

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Total Questions : 271

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Question # 71

Which of the following earnings are NOT included in supplemental wages?

Options:

A.  

Accrued vacation payout

B.  

Concurrent severance pay

C.  

Hours paid at minimum wage

D.  

Hours constituting overtime pay

Discussion 0
Question # 72

A PRIMARY objective of maintaining current documented payroll procedures is to ensure:

Options:

A.  

compliance with banking operating standards.

B.  

conformity with company cash management and reporting guidelines.

C.  

execution of pay processes in accordance with company policies and programs.

D.  

adherence to cyclical general ledger closing and reporting schedules.

Discussion 0
Question # 73

Housing expenses eligible for the foreign housing exclusion include all of the following EXCEPT:

Options:

A.  

Rent

B.  

Utilities

C.  

Domestic labor

D.  

Personal property insurance

Discussion 0
Question # 74

What steps should be followed to reconcile the payroll cash account?

Options:

A.  

Add charges and deposits, and subtract interest and cleared checks.

B.  

Add charges and cleared checks, and subtract interest and deposits.

C.  

Add deposits and interest, and subtract charges and cleared checks.

D.  

Add interest and cleared checks, and subtract charges and deposits.

Discussion 0
Question # 75

The purpose of Form SS-8 is to request a(n):

Options:

A.  

social security number.

B.  

worker ' s employment status.

C.  

name change for social security.

D.  

employer ' s identification number.

Discussion 0
Question # 76

All of the following results are benefits of documenting policies and procedures EXCEPT:

Options:

A.  

reference tools.

B.  

simplified training.

C.  

uniform processes.

D.  

progress monitoring.

Discussion 0
Question # 77

Calculate the net pay due based on the following information:

Total YTD wages: $94,200.00

Pay frequency: Biweekly

Regular salary: $2,250.00

FITW: $115.58

Pretax 401(k): $150.00

Pretax health insurance premium: $74.00

Union dues: $220.00

Charitable contribution: $15.00

No state income tax

Options:

A.  

$1,503.29

B.  

$1,508.96

C.  

$1,514.77

D.  

$1,624.54

Discussion 0
Question # 78

The BEST way to validate that accumulators are accurately updated is to:

Options:

A.  

add YTD total taxable wages from the previous pay cycle to the current total taxable wages and compare to current YTD taxable wages.

B.  

verify that the total net pay of the current pay cycle is approximately equal to the total net pay from the previous pay cycle.

C.  

balance the current employee count with the number of checks produced.

D.  

review error reports and correct all exceptions.

Discussion 0
Question # 79

To have federal income tax withheld from payments received from a third-party insurer, the employee must complete:

Options:

A.  

Form W-4

B.  

Form W-4P

C.  

Form W-4S

D.  

Form W-4V

Discussion 0
Question # 80

All of the following are steps to reconciling a payroll account EXCEPT verifying:

Options:

A.  

against the accounts receivable register.

B.  

against the payroll register.

C.  

checks issued by accounts payable.

D.  

the end of the month balance.

Discussion 0
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