Payroll exam 2025 - Study guides, Class notes & Summaries

Payroll Exam | Questions and Correct Answers | Latest Update 2024/2025 A Taxpayer Identification Number and name reported on Form 1099- MISC can be checked by using the - Answer -IRS's Social Security Number Verification System. Which of the following workers is an independent contractor? - Answer -An engineer employing assistants to complete a project Under the FLSA, a workweek consists of how many hours? - Answer - The correct answer is 168. (24 hours X 7 Days) Under the FLSA, when ...

Quickbooks Online Certification Exam (2024/2025 Update) Questions and Verified Answers| Grade A| 100% Correct Q: Your client requires access to QuickBooks Online for himself, as well as his bookkeeper and his accountant. In addition, he will need to add payroll to his subscription level. Which of the following is the least expensive QuickBooks Online subscription he can purchase that will satisfy these requirements? Answer: Simple Start Q: Where can you add a new Customer to your...

CPP - Certified Payroll Professional Exam | Questions and Correct Answers | Latest Update 2024/2025 When calculating an employee's net pay, all of the following amounts are subtracted from gross earnings except: - Answer -Taxable Wages The minimum salary requirement does not apply to exempt professional employees who are: - Answer -Teachers working in an educational institution What is the daily housing amount for the foreign housing cost exclusion for 2023? - Answer -52.60 Under a S...

WORKDAY PRO PAYROLL EXAM NEWEST EXAM | QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ | LATEST VERSION | VERIFIED ANSWERS

Certified Payroll Professional Exam (CPP) Part 1 | Questions and Correct Answers | Latest Update 2024/2025 Payroll Concept Workers Status - Answer -Form SS8 is the IRS determination of EE or IC status. Reasonal Basis Test aka Safe Harbor Rules Sec 530-Alls ee to be treated like a IC for specific reasons such as a court order, IRS audit results, Attorney or CPA advisement, or long standing industry standard for that job role. Common Law Test- see chart for example EE is required to compl...

CPP Certified Payroll Professional APA Master Exam Practice | Questions and Correct Answers | Latest Update 2024/2025 Form SS-8 - Answer -Determination of Worker Status for Purposes of Federal Employment Taxes and Income Tax Withholding Form W-9 - 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 veri...

ACA [ICAEW] ACCOUNTING Exam Questions With Correct Answers Latest 2024/2025 (Graded. Statement of Profit and Loss - ANSWER Income and expenses over a period of time The Business entity concept - ANSWER Business transactions should be kept separate from the personal transaction of the owner Qualitative characteristics of financial information - ANSWER Two fundamental concepts 1. Relevance [Assists users in evaluating past and predicting future events + Materiality] 2. Faithful Representatio...

CISC 419 Exam 3 Questions & Answers 2024/2025 Document flowcharts would not be able to represent: a. the flow of information when ordering office supplies b. the flow of information when hiring new employees c. the flow of information when creating orders for new magazine subscriptions d. the logic in performing payroll processing - ANSWERSD Which of the following is not true about system flowcharts? a. they can depict the flow of the information in computerized AISs b. they use st...

Payroll Fundamentals 1 Exam Study Guide 2024/2025 with Complete Solutions RQ and CRA define a car allowance as reasonable if: - Correct Answer - The allowance is based solely on business kilometres driven in a calendar year - the amount provided is based on the following government-prescribed reasonable guidelines - $0.58 per km for the first 5,000 business km's in the year ($0,62 in the Yukon, NWT & Nunavut) - $0.51 thereafter ($0.56 for YK, NWT, NT) - the employer does not reimburse t...

2024 IPPS-A DL FINAL EXAM - HR Professional / Payroll Specialist EXAM QUESTIONS AND ANSWERS 2024/2025. 2 / 10 1. An HR Professional may run pre-defined queries for .: cases assigned to them within their provider group 2. The "WorkflowTemplate" and the "User Defined List" are options within .: Workflow Type 3. Check on Learning - Recommend a Parachute Duty Pay Request Transaction Identification Numbers (TINs) are sent to DFAS to update .- : payroll records 4. What tile on the HR ...