CPP-Remote Online Training

1. Which of the following does NOT represent a deductible business expense?

2. Bass Biting Company operates bait, tackle and boat sales store employing 12 full time clerks and salespeople in addition to the owner and his family members. Occasionally, Bass Biting assigns special work to individuals other than its regular employees and family members. Bass Biting engaged a carpenter, Jim to build a boat dock so that customers could access the shop via boat. Jim has several docks in progress for other local merchants. Bass Batting’s dock took 4 days to build, 13 hours each day. Bass Biting paid Jim $500 for 4 days' work. Calculate overtime due Jim under FLSA.

3. A pre notification may be used when an employee:

4. In maintaining a payroll system, change control refers to:

5. When making the federal payroll tax deposit, the accounting entry to record an advance payment of EIC would be:

6. The FLSA term "exempt" generally means the employer need NOT:

7. Which of the following would not be included in the system testing stage of an

implementation?

8. Who of the following most likely is an independent contractor?

9. Which of the following is one of the purposes of a job description?

10. A report has been requested that is NOT a standard report from the system.

This type of report is called a (n):

11. Which of the following general ledger accounts is integral to a quarterly deposit reconciliation?

12. Assuming that the moving expense was incurred in 2009, which of the following expense reimbursements is excludable from gross income?

13. When the state does not allow workers' compensation converge through a private insurance carrier, this is referred to as a:

14. Bass Biting Company operates bait, tackle and boat sales store employing 12 full time clerks and salespeople in addition to the owner and his family members. Occasionally, Bass Biting assigns special work to individuals other than its regular employees and family members. Employee Lois was a bait and tackle shop clerk until she retired on June 30. Lois returned to the bait and tackle shop to perform clerical duties on August 15 and worked through Labor Day to assist Bass Biting through its busy season. Determine Lois' employment status with Bass Biting

15. What is the total amount reported in box 10, "Dependent care benefits?"

16. Which of the following describes a plan involving the entire organization for carrying on a company's business in the event of a major disaster?

17. Jane voluntarily separated from employment. She is allowed to continue paying for her medical insurance at cost plus 2% under what legislation?

18. Which of the following best represents compliance under Section 404 of Sarbanes Oxley?

19. Which of the following agencies would most likely enforce rules governing the number of days following the close of the payroll period that employees must be paid?

20. In the context of fringe benefits, the term "discriminatory plan" refers to a plan that disproportionately favors:

21. The proper handling of a stop payment includes all of the following steps EXCEPT:

22. The entry to record an employee's repayment of a salary advance is (employee repays advance by personal check):

23. At the time that wages are paid, an advance payment of EIC would be recorded as:

24. All of the following data elements are required to be maintained in the employee master file

EXCEPT:

25. Under NACHA rules, employers are advised to retain a copy of the employee's written authorization for direct deposit for at least:

26. A company pays all executives semimonthly.

The FLSA requires all other employees to be paid on:

27. How may federal income tax be withheld from separation pay and accrued vacation wages totaling $20,000 that are paid at the time of termination and identified separately on the employees' pay stub, if the employee has been paid $25,000 so far this year and had income tax withheld from her most recent wage payment?

28. For purposes of the FLSA, a payroll register must be retained for a period of not less than how many years?

29. Employee data need not be entered in both the payroll system and the time and attendance system when which of the following is used?

30. The penalty for failure to withhold wages under a federal tax levy notice is:

31. What is the difference between policy and a procedure?

32. A cross-functional work team is an important element of:

33. The primary responsibility of Professional Employer Organizations is:

34. The entry to record an employee's repayment of a salary advance is (salary advance is deducted on a pretax basis from regular wages):

35. When paying supplemental wages along with regular wages WITHOUT specifying the amount of each, how would a company determine the amount of income tax to withhold from the supplemental wages if the employee has been paid no supplemental wages so far during the year and the supplemental wage payment is no more than $1,000?

36. Assume that an independent contractor is a foreign person.

What form is he most likely to complete?

37. Which of the following would probably not require an electronic interface from the payroll/human resources system?

38. An employer may accept a child support order directly served from another state without risk of liability under which of the following laws?

39. Procedures governing employers' payment of wages by direct deposit are governed by:

40. The proper entry to record the payment of accrued wages is:

41. Which of the following accounts has a normal debit balance?

42. What is the amount reported in box 12, and what code is used?

43. Which of the following would not be included in the Needs Analysis stage of a system evaluation?

44. Which of the following is not likely to be included in payroll documentation?

45. Which of the following is the most logical order of events in a system implementation?

46. Which for the following statements is true?

47. With regard to employee's reported tips, the employer must:

48. What is one of the major considerations when evaluating and selecting a software system for payroll?

49. The rate of withholding in 2009 on qualified pension distributions made directly to

employees is:

50. An employee earns $9 per hour and an additional 10 cents per hour for hours worked after 7:00 p.m.

If an employee works from 3:00 p.m. to 11:00 p.m., Monday through Friday, what is the employee's weekly gross pay under the Fair Labor Standards Act?

51. The FLSA requires which of the following records to be retained for three years?

52. Employers in non-credit reduction states that pay their state unemployment taxes on time can deduct up to what percentage in calculating their FUTA tax payments?

53. Sally's department was scheduled to work from 8:00 a.m. until 5:00 p.m. It was announced to all employees that a severe winter storm was expected to reach the city between 4:00 p.m. and 5:00 p.m. Employees of Sally's department asked if they, like most other departments, would be allowed to leave work at 3:00 p.m. to avoid being caught in the storm. Sally was sympathetic, but after much discussion denied the request, stating that the policy was clear that employees were to remain on duty until 5:00 p.m.

Which of the following management styles is Sally demonstrating?

54. Beth, who works for Nugget Productions, is enrolled in the company's cafeteria plan. Beth adopts a child in august, and requests a change in her election under the cafeteria plan.

What is the action that may be taken?

55. The employer may classify a worker as an independent contractor if the worker:

56. Under the claim-of-right rule, a salary overpayment that is discovered by the employer in the tax year following the year of overpayment:

57. The popular term used to describe traditional theories and perceptions is":

58. Which of the following would not be included in the planning stage of a system implementation?

59. Which of the following represents the best way of addressing an issue of an employee's poor task performance?

60. An employer is allowed under deferral law to pay overtime for all hours worked over 80 in a biweekly period.

In what type of industry is this employer likely to be engaged?

61. Bass Biting Company operates bait, tackle and boat sales store employing 12 full time clerks and salespeople in addition to the owner and his family members. Occasionally, Bass Biting assigns special work to individuals other than its regular employees and family members. Only two employees, George the President, and Earl, a salesperson, receive group-term life insurance. The value of each of their group-term life benefit is $93 per month, and $23 per month after excluding the first $50,000 of coverage.

How much is exempt from wages?

62. A salaried-exempt executive employee is unable to work for two days in the work week because the office is closed for remodeling. The employee's weekly guaranteed salary is $500.

Under FLSA what amount must this employee be paid for he work week?

63. Which of the following accounts has a normal credit balance?

64. Employer-sponsored athletic facilities may not be nontaxable fringe benefits if the:

65. Choose the statement that represents the best implementation of internal control:

66. In a leasing arrangement, which of the following is not assumed by the leasing company?

67. Which of the following is tax-free to all employees even if only provided to highly paid employees?

68. In 2009, employee Chris was transferred from her company's headquarters to a distribution center 1,000 miles away. The company reimbursed her for meal expenses totaling $100 and lodging expenses totaling $300 incurred while driving from her old residence to her new. Chris' company directly paid the moving company $2,000 for transporting her household goods.

What portion of Chris' employer-paid relocation expenses is reported in box 1, "wages, tips, other compensation?"

69. Which of the following is an example of a system edit?

70. The effective minimum hourly rate that tipped employees must receive is which of the following?

71. Which of the following benefits is allowable in an 125 plan?

72. The employer must withhold FICA and federal income taxes, and pay FUTA tax, when the employee's tips exceed what amount?

73. Which of the following is important when planning a problem-solving meeting?

74. Which of the following factors provides system security?

75. If an employee working abroad with a tax home in a foreign country passes the "physical presence test," to what may the employee be eligible?

76. Which of the following items determines the disposition of unclaimed wages?

77. A payroll department manager should assure:

78. 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?

79. Transactions are recorded in chronological order into books of original entry called:

80. An employer that pays its state unemployment contributions after the due date of the Form 940 has its FUTA credit reduced by what percentage?

81. Company deadlines for payroll data input documents are essential for:

82. Flawless Flower Shops accepts payments for flowers and local delivery from customers anywhere in the United States. The employees of Flawless typically work 6 days a week.

How must they be compensated?

83. Portability describes the attribute of software to:

84. How many hours prior to payday is it recommended that a direct deposit of wages be initiated with the ODFI?

85. Which of the following employees' wages is likely to be exempt from FICA?

86. For 2009, the mandatory rate of federal income tax withholding on supplemental wages in excess of $1 million is:

87. Which of the following would never be delegated to a manger's subordinates?

88. Which of the following generally does NOT represent compensable time under the FLSA?

89. Which of the following statements is CORRECT regarding a federal tax levy?

90. On what form must mistakenly paid wages, for which no repayment is made, be reported?