CPP Practice Exam Questions & Answers 2023-24
Least likely considered when looking at security of Payroll system - ANSWER-system edits
EE's reported tips, employer must - ANSWER-report tips as wages on W2,pay employer portion of social security and medicare
An employee earns $9 per hour ...
CPP Practice Exam Questions & Answers 2023-24
Least likely considered when looking at security of Payroll system - ANSWER-system edits
EE's reported tips, employer must - ANSWER-report tips as wages on W2,pay employer portion of social security and medicare
An employee earns $9 per hour and additional 10 cents per hour for hours worked after 7:00. An employee works from 2:00 p.m. to 11:00 p.m., with unpaid meal break from 6:00 p.m. 7:00 p.m., Monday through Friday, what is the employee's weekly gross under the Fair Labor Standards Act?
a.$360 b. $361 c. $362 d. $364 - ANSWER-$362
[40 x $9] + [20 x $.10]
The BEST reason for tracking pay-related problem statistics to enable Payroll to: a. identify root causes and take actions to prevent similar recurrences b. apologize to clients in a more professional manner c. direct problems to those who caused the problem d. justify resources to handle more problems - ANSWER-identify root causes and take actions prevent similar recurrences
Transactions are recorded in chronological order into books of original entry called: a. registers b. vouchers c. invoices d. journals - ANSWER-journals To exhibit good customer service skills, payroll staff must understand and be able to explain: a. payroll forms b. benefits enrollment techniques c. systems design decisions d. strategic departmental direction - ANSWER-payroll forms
All of the following data elements are required to be maintained in the employee masterfile EXCEPT: a. social security number b. birth date c. marital status d. hourly rate of pay - ANSWER-marital status
The fact that transactions affect two separate accounts of a business is called: a. compound-entry accounting b. double-entry accounting c. accrual accounting d. T-accounting - ANSWER-double-entry accounting
A company pays all executives semimonthly. The FLSA requires all other employees to be paid on: a. weekly cycle b. biweekly cycle c. semimonthly cycle d. any established cycle - ANSWER-any established cycle
Which of the following answers BEST defines the term nonexempt under the FLSA? a. lower-paid class of employees b. hourly-paid workers only c. employees who must be paid overtime
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