APA CPP-REMOTE Online Practice Questions and Exam Preparation

APA CPP-REMOTE Online Questions & Answers

• Question 151:

  In a leasing arrangement, which of the following is not assumed by the leasing company?

  A. Payment of employees
  B. Product research
  C. Hiring of employees
  D. Termination of employees
  B. Product research

• Question 152:

  Which of the following would NOT be correct in the treatment of deceased workers' wages, assuming the wages are paid in the year after the workers' death?

  A. Report payment in box1 of Form W-2
  B. Payment is exempt from FITW
  C. Report payment in box 3 of Form 1099
  D. Payment is exempt form FICA and FITW
  A. Report payment in box1 of Form W-2

• Question 153:

  What is the difference between policy and a procedure?

  A. None, they serve the same purpose
  B. Policies are rules; procedures are instructions
  C. Procedures need to be documented; policies do not
  D. Policies can be overridden; procedures may not
  B. Policies are rules; procedures are instructions

• Question 154:

  Which of the following is an example of a system edit?

  A. A pop-up message alerts the user that a date entered is invalid
  B. Firewalls are in place to guard against unauthorized Internet users
  C. The system has a batch report writer
  D. Step-by-step procedures are followed by the payroll specialist
  A. A pop-up message alerts the user that a date entered is invalid

• Question 155:

  Under the existing NACHA rules, amounts transmitted to the RDFI by 5:00 p.m. the day before payday must be posted to employees' accounts no later than:

  A. The evening before payday
  B. The end of the business day on payday
  C. The opening of the business day on payday
  D. Two days before payday
  C. The opening of the business day on payday

• Question 156:

  The process of balancing multiple time sheets within a specified pay period utilizes a procedure know as:

  A. reconciliation
  B. system documentation
  C. batch totaling
  D. exception reporting
  C. batch totaling

• Question 157:

  The obligations of the common paymaster include:

  A. Absorbing the salary expenses for the individuals employed concurrently by the related corporations
  B. Deducting from its corporate tax return the salary and wage expenses for all of the individuals employed concurrently by the related corporations
  C. Absorbing the employer tax expenses for the individuals employed concurrently by the related corporations
  D. Depositing and reporting the taxes withheld from the individuals it pays who are concurrently employed by the related corporations
  D. Depositing and reporting the taxes withheld from the individuals it pays who are concurrently employed by the related corporations

• Question 158:

  One of the key concepts in total quality management is:

  A. Management by "walking around"
  B. Employees are willing to accept responsibility
  C. Focus on customer satisfaction
  D. Frequent inspection of every phase of a production cycle
  C. Focus on customer satisfaction

• Question 159:

  From which of the following taxes are statutory workers' compensation payments exempt?

  A. federal income, social security, Medicare, and federal unemployment taxes
  B. social security and Medicare taxes only
  C. federal unemployment tax only
  D. federal income tax only
  A. federal income, social security, Medicare, and federal unemployment taxes

• Question 160:

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

  A. Debit salary expense, credit tax withheld
  B. Debit payroll tax expense, credit cash
  C. Debit tax withheld, credit salary expense
  D. Debit cash, credit payroll tax expense
  B. Debit payroll tax expense, credit cash