Jul-2022 CPP-Remote Study Material, Preparation Guide and PDF Download
Free CPP-Remote Certification Sample Questions with Online Practice Test
NEW QUESTION 21
What document reflects the value of the assets of a corporation?
- A. Income statement
- B. Variance analysis
- C. Balance sheet
- D. Profit/loss statement
Answer: C
NEW QUESTION 22
An employee covered by group health insurance at the time his employment terminates to return to school is entitled to CORBA continuation rights for:
- A. 24 months
- B. 12 months
- C. 30 months
- D. 18 months
Answer: D
NEW QUESTION 23 
What is the total amount reported in box 3, Social Security wages, for these employees?
- A. $387,520
- B. $362,938
- C. $321,100
- D. $373,418
Answer: C
NEW QUESTION 24
Which of the following would probably not require an electronic interface from the payroll/human resources system?
- A. External audit firm
- B. 401(k) administrator
- C. Originating bank for direct deposit
- D. Payer of push money
Answer: D
NEW QUESTION 25
Under FLSA , what is the compensation due an employee whose rate of pay is $8 per hour and who is paid for
52 hours during a one-week period, including 8 hours of sick pay?
- A. $464
- B. $432
- C. $416
- D. $448
Answer: B
NEW QUESTION 26
Under IRS suggested guidelines, an employee should be allowed a maximum of how many days after receiving an expense advance to provide substantiation for the amount to the employer?
- A. 60 days
- B. 45 days
- C. 90 days
- D. 30 days
Answer: A
NEW QUESTION 27
Which of the following items determines the disposition of unclaimed wages?
- A. federal and state law
- B. federal law only
- C. no recognized procedures exist
- D. state law only
Answer: D
NEW QUESTION 28
If a company is examining the feasibility of purchasing an integrated human resource information system (HRIS), what approach is best?
- A. Assign the search task to the information systems staff who have prior experience in each HRIS discipline
- B. Authorize the company's payroll manager to select the vendors from which to choose
- C. Assemble a team of information system staff and potential users to conduct the search
- D. Instruct each user area to conduct an independent search for a software vendor
Answer: C
NEW QUESTION 29
An employer may exclude a business reimbursement from income when the employee's expenses meet which of the following requirements?
- A. Expenses are business-related, substantiated, and excess advances are returned timely.
- B. Expenses are business-related, substantiated, and excess advances are retained for future travel.
- C. Expenses are substantiated and excess advances are returned
- D. Reimbursements are made with regular payroll
Answer: A
NEW QUESTION 30
The process of balancing multiple time sheets within a specified pay period utilizes a procedure know as:
- A. reconciliation
- B. system documentation
- C. batch totaling
- D. exception reporting
Answer: C
NEW QUESTION 31
Under FLSA, a work week is defined as:
- A. stated in a collective bargaining agreement
- B. a minimum of a 40-hour/5-day time frame
- C. any 7 consecutive 24-hour periods
- D. Sunday through Saturday
Answer: C
NEW QUESTION 32
The FLSA term "exempt" generally means the employer need NOT:
- A. Pay federal income tax
- B. Withhold federal income tax
- C. Pay overtime
- D. Pay a minimum amount
Answer: C
NEW QUESTION 33
A company has a gross payroll of $120,589.36. Federal taxes withheld are $24,117.87; combined social security and Medicare taxes withheld are $6,502.50. What is the company's total tax liability for this pay period?
- A. $37,122.87
- B. $30.620.37
- C. $61,240.74
- D. $42,568.04
Answer: A
NEW QUESTION 34
The employer must withhold FICA and federal income taxes, and pay FUTA tax, when the employee's tips exceed what amount?
- A. $20 per year
- B. $50 per year
- C. $50 per month
- D. $20 per month
Answer: D
NEW QUESTION 35
In the context of fringe benefits, the term "discriminatory plan" refers to a plan that disproportionately favors:
- A. The highly paid
- B. An ethnic group
- C. A sex
- D. An age group
Answer: A
NEW QUESTION 36
The penalty for failure to withhold wages under a federal tax levy notice is:
- A. 50% of the amount not withheld
- B. 100% of the amount not withheld
- C. 75% of the amount not withheld
- D. 150% of the amount not withheld
Answer: A
NEW QUESTION 37
Which of the following is the primary purpose of an employee's performance review?
- A. To convey the company's financial goals for the next fiscal year
- B. To document the justification for terminating an employee
- C. To present a comparison of the salary of the employee to that of others in the department
- D. To encourage performance that is on task with established goals
Answer: D
NEW QUESTION 38
Josh, a nonexempt accounting specialist, is assigned to a normal work schedule of 40 hours a week, 8:00 a.m.
to 5:00 p.m. each day, with one hour for lunch. On Monday, Josh travels by train from Boston to a business meeting in his company's Philadelphia office. The train leaves at 8:00 a.m. and arrives in time for Josh to attend the afternoon meeting, which concludes at 5:30 p.m. He then returns to Boston on a train that leaves at
7:00 p.m. If Josh does not miss any work the rest of the week, what hours for Monday may be subject to overtime?
- A. 2.0 hours
- B. 0.5 hours
- C. 8.5 hours
- D. None
Answer: B
NEW QUESTION 39
Which of the following is an example of a system edit?
- A. Step-by-step procedures are followed by the payroll specialist
- B. A pop-up message alerts the user that a date entered is invalid
- C. Firewalls are in place to guard against unauthorized Internet users
- D. The system has a batch report writer
Answer: B
NEW QUESTION 40
Which of the following is not a by-product of documentation?
- A. Simplified training
- B. Reference material
- C. Firewall violation prevention
- D. Consistency
Answer: C
NEW QUESTION 41
An integrated HRIS offers the advantage of:
- A. Decreased requirements for technical improvements
- B. Enhanced screen display of employee data
- C. Improved security of confidential payroll
- D. Reduced effort in the maintenance of employee records
Answer: D
NEW QUESTION 42
Which of the following steps would be taken first when selecting a new payroll system?
- A. Release requests for proposal (RFP's)
- B. Talk to users of the systems being considered
- C. Schedule product demonstrations
- D. Prepare a need analysis
Answer: D
NEW QUESTION 43
An employee is terminated with 3 workdays remaining in a month. The employee earned an annual salary of
$24,000 and was paid semimonthly. What is the regular compensation due this employee for the final pay period?
- A. $723.07
- B. $800.00
- C. $869.57
- D. $782.61
Answer: A
NEW QUESTION 44
Which of the following is most likely to be included in expenses on an organization's financial statement?
- A. Wages payable in subsequent month
- B. Company-matched Social Security tax paid to IRS
- C. Cash
- D. Wages payable in subsequent year
Answer: B
NEW QUESTION 45
In maintaining a payroll system, change control refers to:
- A. Separation of functions according to accounting standards
- B. Creating a new system in a merger or acquisition
- C. Procedures to test and schedule changes before they are put into production
- D. Entering new data to an employee's record
Answer: C
NEW QUESTION 46
......
CPP-Remote Certification Study Guide Pass CPP-Remote Fast: https://testking.vcetorrent.com/CPP-Remote-valid-vce-torrent.html