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CERTIFIED PAYROLL PROFESSIONAL (CPP) FINAL EXAM AND PRACTICE QUESTIONS EXAM COMPLETE 450 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) /ALREADY GRADED A+ $18.49   Add to cart

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CERTIFIED PAYROLL PROFESSIONAL (CPP) FINAL EXAM AND PRACTICE QUESTIONS EXAM COMPLETE 450 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) /ALREADY GRADED A+

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CERTIFIED PAYROLL PROFESSIONAL (CPP) FINAL EXAM AND PRACTICE QUESTIONS EXAM COMPLETE 450 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) /ALREADY GRADED A+

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  • October 8, 2024
  • 177
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • cpp final exam
  • cpp
  • cpp final exam 2024
  • CERTIFIED PAYROLL PROFESSIONAL
  • CERTIFIED PAYROLL PROFESSIONAL
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CERTIFIED PAYROLL PROFESSIONAL
(CPP) FINAL EXAM AND PRACTICE
QUESTIONS EXAM COMPLETE 450
QUESTIONS WITH DETAILED VERIFIED
ANSWERS (100% CORRECT ANSWERS)
/ALREADY GRADED A+




An employer that deposits payroll taxes semiweekly
incurs a tax liability of $55,000 on Tuesday and a tax
liability of $110,000 on Wednesday. When must the
taxes be deposited?


a. $55,000 on Thursday and $110,000 on Friday
b. $55,000 on Friday and $110,000 on the next
Wednesday
c. $110,000 on Thursday and $55,000 on Friday
d. $165,000 on Thursday - ....ANSWER...c


Documenting payroll policies and procedures will
provide all of the following results EXCEPT:

,a. a vehicle for improving processes
b. a tool for assessing internal business controls
c. a mechanism for educating payroll partners,
suppliers, and customers
d. assurances of payroll personnel competency and
performance - ....ANSWER...d


Using federal child support guidelines, calculate the
maximum amount of support that can be withheld
from an employee's semimonthly disposable
earnings of $1,500.00. The employee is four months
in arrears in making child support payments and has
no other dependents.


a. $750.00
b. $825.00
c. $900.00
d. $975.00 - ....ANSWER...d


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

,a. 0.6%
b. 4.5%
c. 5.4%
d. 6.0% - ....ANSWER...c


Arnie's Farmers Market had a FUTA taxable payroll
of $20,000 for the first quarter of 2019. How much is
FUTA?


A. 300
B. 1200
C. 1080
D. 120 - ....ANSWER...d


Arnie's Farmers Market had a FUTA tax liability of
$450 in the first quarter of 2019, and $150 in the
second quarter. When was he required to make a
deposit?


A. $450 by Apri 30 and $150 by July 31
B. $600 by July 31

, C. $600 by January 31, 2020
D. $450 by April 30 and $150 by October 31. -
....ANSWER...b
Arnie's was not required to make a deposit of the
FUTA tax owed for the first quarter by April 30, 2019,
because the amount of the liability did not exceed
$500.


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


a. state law only
b. federal law only
c. federal and state law
d. no recognized procedures exist - ....ANSWER...a


Employee deferrals under section 401(k) are subject
to which taxes?
a. federal income, social security, and Medicare
taxes
b. social security and Medicare taxes only
c. social security, Medicare, and FUTA taxes

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