Payroll final exam 26 50 - Study guides, Class notes & Summaries

BBK99E1 Practical Final Exam Questions and Answers Sheets. Basic Bookkeeping – Level 1 F I N A L EX A M V4.0 CU07-08-FEB07 PRACTICAL EXAM ANSWER SHEETS No. of Pages to this Answer Sheet Section: Name: Total available marks from Practical Exam Questions: 60 The Online Exam is made up of 50 multiple choice and/or True or False questions. Each question is worth 2 marks. Of the 50 questions, 30 are directly related to the information you will enter on the Answer Sheets during the Practica...

PF2 – MIDTERM EXAM ACTUAL QUESTIONS AND CORRECT ANSWERS/LATEST UPDATE GRADED A+ 1. Mountain Bikes has a weekly payroll and is a regular remitter. What date will the source deductions for the February 1st payroll be due to the Canada Revenue Agency? A. February 10th B. February 15th C. February 25th D. March 15th 2. Anjani works in Manitoba and her 2019 payroll totals are regular earnings of $55,000.00, regular commission payments of $12,000.00, employer-provided automobile taxabl...

CPP Practice Exam 208 Questions with Verified Answers From what taxes are cafeteria plan contributions generally exempt? A. SS, Medi, FIT, and FUTA B. FIT and SIT C. SS, Medi, FUTA, and SUI D. SS, Medi, FIT, and SIT - CORRECT ANSWER A. Social Security, Medicare, FIT, and FUTA Reference 4.5 Cafeteria Plans In which boxes on the W-2 would you report the adoption assistance? A. Boxes 3, 4, 5, 6 B. Boxes 1, 2, 3, 4, 5, 6, 12 - Code T C. Boxes 3, 4, 5, 6, 12 - Code A D. Boxes 3...

ACCT 1130 Final Exam Study Guide 115 Questions with Verified Answers Which of the following is NOT a privacy act specifically pertaining to payroll records? A) Computer fraud and abuse act B) U.S. department of labor OCFO-1 C) Freedom of information act D) Community property act - CORRECT ANSWER C) Freedom of information act Why is outsourced payroll popular among accounting professionals? - CORRECT ANSWER Time demands for payroll processing decrease Congress passed the _____ and ...

vacation pay correct answersUnder the FLSA regular rate of pay does not include: $7.25 correct answersIn August 2012 the minimum hourly wage was the amount of tips actually received by the employee correct answersThe tips received y a tipped emplouee are less than $5.12 of the minimum hourly tip credit rate. The maximum permissible tip credit is all hours worked in excess o 40 in a workweek correct answersUnder the FLSA overtime opay is required for none of the above (emplyee pd by h...

Payroll Exam 80 Questions with Verified Answers What is FICA? - CORRECT ANSWER -Federal Insurance Contributions Act -Made up of social security and medicare -levies taxes on all employees (even self-employed) 2020 Social Security Tax Rate - CORRECT ANSWER 6.2% of the first $137,700 in wages. Both employee and employer is 6.2%. Not subject to social security taxes if wages exceed this amount. This amount is DOUBLED for those who are self employed, 12.4% Medicare tax rate - CORRECT A...

CPP Certified Payroll Professional APA Master Exam Practice 406 Questions with Verified Answers Form SS-8 - CORRECT ANSWER Determination of Worker Status for Purposes of Federal Employment Taxes and Income Tax Withholding Form W-9 - CORRECT ANSWER First, it is used by third parties to collect identifying information to help file information returns with the IRS. The form is never actually sent to the IRS, but is maintained by the person who files the information return for verification ...

CPP Practice Exam 208 Questions with Verified Answers From what taxes are cafeteria plan contributions generally exempt? A. SS, Medi, FIT, and FUTA B. FIT and SIT C. SS, Medi, FUTA, and SUI D. SS, Medi, FIT, and SIT - CORRECT ANSWER A. Social Security, Medicare, FIT, and FUTA Reference 4.5 Cafeteria Plans In which boxes on the W-2 would you report the adoption assistance? A. Boxes 3, 4, 5, 6 B. Boxes 1, 2, 3, 4, 5, 6, 12 - Code T C. Boxes 3, 4, 5, 6, 12 - Code A D. Boxes 3...

ACCT 1130 Final Exam Study Guide 115 Questions with Verified Answers Which of the following is NOT a privacy act specifically pertaining to payroll records? A) Computer fraud and abuse act B) U.S. department of labor OCFO-1 C) Freedom of information act D) Community property act - CORRECT ANSWER C) Freedom of information act Why is outsourced payroll popular among accounting professionals? - CORRECT ANSWER Time demands for payroll processing decrease Congress passed the _____ and ...

Final Exam 1. Your company has an on-premises Microsoft Exchange Server 2016 organization. The organization is in the company's main office in Melbourne. The main office has a low-bandwidth connection to the Internet. The organization contains 250 mailboxes. You purchase a Microsoft 365 subscription and plan to migrate to Exchange Online next month. In 12 months, you plan to increase the bandwidth available for the Internet connection. You need to recommend the best migration strategy...