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THE PAYROLL SOURCE CPP FINAL AND PRACTICE EXAM NEWEST 2024 WITH COMPLETE QUESTIONS AND CORRECT VERIFIED ANSWERS (DETAILED ANSWERS) ALREADY GRADED A+ 100% GUARANTEED TO PASS CONCEPTS!!! $17.99   Add to cart

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THE PAYROLL SOURCE CPP FINAL AND PRACTICE EXAM NEWEST 2024 WITH COMPLETE QUESTIONS AND CORRECT VERIFIED ANSWERS (DETAILED ANSWERS) ALREADY GRADED A+ 100% GUARANTEED TO PASS CONCEPTS!!!

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  • THE PAYROLL SOURCE CPP

THE PAYROLL SOURCE CPP FINAL AND PRACTICE EXAM NEWEST 2024 WITH COMPLETE QUESTIONS AND CORRECT VERIFIED ANSWERS (DETAILED ANSWERS) ALREADY GRADED A+ 100% GUARANTEED TO PASS CONCEPTS!!!

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  • October 14, 2024
  • 25
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • THE PAYROLL SOURCE CPP
  • THE PAYROLL SOURCE CPP
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THE PAYROLL SOURCE CPP FINAL AND
PRACTICE EXAM NEWEST 2024 WITH
COMPLETE QUESTIONS AND CORRECT
VERIFIED ANSWERS (DETAILED
ANSWERS) ALREADY GRADED A+ 100%
GUARANTEED TO PASS CONCEPTS!!!




Which of the following is LEAST likely to be considered when looking at the security of a new payroll
system?

A. regular data back-up and storage

B. protection against computer viruses

C. limited system access

D. system edits - -----ANSWER---->D. system edits



Company deadlines for payroll data input documents are essential for:

A. timely processing of the payroll

B. accurate entry of data

C. guaranteeing that all information is processed

D. adequate auditing purposes - -----ANSWER---->A. timely processing of the payroll



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 2:00p.m. to 11:00p.m., with an unpaid meal break from 6:00 p.m. to 7:00p.m.,
Monday through Friday, what is the employee's weekly gross pay under the Fair Labor Standards Act?

A. $360

,B. $361

C. $362

D. $364 - -----ANSWER---->C. $362 (40x$9)+(20x$.10)=$362



The BEST reason for tracking pay-related problem statistics is 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 more resources to handle more problems - -----ANSWER---->A. identify rout caused and take
actions to prevent similar recurrences



With regard to employees' reported tips, the employer must:

A. withhold and pay only the employees' portion of social security and Medicare taxes on tips

B. report taxes on tips separately when making an employment tax deposit

C. report tips as wages on Form W-2 and pay the employer portion of social security and Medicare taxes

D. report and pay the employer portion of social security and Medicare taxes on the portion of cash tips
above the federal minimum wage - -----ANSWER---->C. report tips as wages on Form W-2 and pay the
employer portion of social security and Medicare taxes



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

A. registers

B. vouchers

C. invoices

D. journals - -----ANSWER---->D. journals



The KEY advantage of using an automated time and attendance system is that it:

A. identifies phantom employees

B. reduces errors

C. interfaces with the payroll system

D. frees supervisors from having to review hours - -----ANSWER---->B reduces errors

, As part of the implementation of a new payroll system, all transactions from the most recent actual
payroll are processed in the new system prior to using the system to run payrolls. This is an example of
what type of testing?

A. compliance

B. back-up

C. ongoing

D. parallel - -----ANSWER---->D. parallel



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---->A. payroll forms



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 one workweek, including 8 hours of sick pay?

A. $416

B. $432

C. $448

D. $464 - -----ANSWER---->B. $432 (52 x $8) + ($8x.5x4) = $432



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---->C. marital status



Upward communication involves:

A. dissemination of management decisions to the staff

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