CPP-Remote Exam Dumps - Certified Payroll Professional

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Question # 17

For an employee earning $10.20 per hour and participating in a 401(k) plan with a deferral per pay period of $50, compute the federal taxable wages based on the following: Biweekly pay period Regular 80 hours 4 hours overtime 3 hours double-time:

$731.40

$938.40

$898.60

$888.40

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Question # 18

The Fair Labor Standards Act permits compensatory time off in lieu of overtime pay to which of the following employees?

High school students who work over 8 hours in a day

Salespeople who work out of their homes

Municipal firefighters

Retirees who return for part-time work

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Question # 19

Which of the following is an example of a system production control technique?

Payroll department members change their passwords each week

External auditors verify payroll account balances prior to commenting on financial statements

Cut-off dates for data entry are established with remote users

Check stock is maintained under lock and key

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Question # 20

In 2009, employee Chris was transferred from her company's headquarters to a distribution center 1,000 miles away. The company reimbursed her for meal expenses totaling $100 and lodging expenses totaling $300 incurred while driving from her old residence to her new. Chris' company directly paid the moving company $2,000 for transporting her household goods. What portion of Chris' employer-paid relocation expenses is reported in box 1, "wages, tips, other compensation?"

$100

$2,400

$2,300

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Question # 21

When paying supplemental wages along with regular wages WITHOUT specifying the amount of each, how would a company determine the amount of income tax to withhold from the supplemental wages if the employee has been paid no supplemental wages so far during the year and the supplemental wage payment is no more than $1,000?

Withhold income tax as if the total were a single payment for a regular payroll period.

Withhold a flat 25% from the supplemental wages and withhold from regular wages using the appropriate table.

Withhold a flat 25% from the supplemental wages.

Compute income tax withholding on the regular wages separate from the supplemental wages

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Question # 22

The correct entry to record a payment of the employer's share of FICA tax is:

Debit salary expense, credit tax withheld

Debit payroll tax expense, credit cash

Debit tax withheld, credit salary expense

Debit cash, credit payroll tax expense

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