APA APA Certifications CPP-REMOTE Questions & Answers

• Question 191:

  Employee Dan, a sales representative, is reimbursed for business travel expenses incurred for out-of-town trips. Dan completes an expense report each month showing the date expenses were incurred and receipts substantiating the amount of the expenses. In August, Dan's employer reimbursed travel expenses of $500 for meals, $1,200 for hotels, and $900 for airfare. Choose the answer that properly reflects the income Dan must declare and the corporate tax deduction that Dan's employer may claim

  A. Dan's income =$500; Employer's deduction = $2,350

  B. Dan's income =$0; Employer's deduction = $2,600

  C. Dan's income =$250; Employer's deduction = $2,600

  D. Dan's income =$0; Employer's deduction = $2,350

  Correct Answer: D

• Question 192:

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

  A. federal law only

  B. federal and state law

  C. no recognized procedures exist

  D. state law only

  Correct Answer: D

• Question 193:

  Calculate the employee's gross pay under the FLSA based on the following data: Rate of pay per hour: $8.00 Production bonus: $25.00 Shift differential per hour: $$0.25 Total shift hours in workweek: 44

  A. $380.64

  B. $404.50

  C. $405.64

  D. $377.00

  Correct Answer: C

• Question 194:

  An accrual entry of $1,000 was made in 2008 for a bonus to be paid in January 2009. The bonus was paid in 2009 and federal income tax (using the supplemental rate) and FICA tax were paid by the employer. Which of the following is the correct entry to record the disbursement of the bonus in January 2009?

  A. Debit salary expense $1484.78, credit taxes payable $484.78, credit cash $1,000

  B. Debit salary expense $326.50, debit wages payable $1,000, credit cash $1,000, credit cash $1,000, credit taxes payable $326.50

  C. Debit salary expense $484.78, debit wages payable $1,000, credit cash $1,000, credit taxes payable $484.78

  D. Debit wages payable $1,326.50, debit taxes payable $326.50, credit cash $1, 00

  Correct Answer: C

• Question 195:

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

  A. Computers and other hardware are kept in climate controlled rooms

  B. Forms W-9 are obtained for all independent contractors

  C. A check list is created of sequential activities to run the payroll

  D. Job descriptions are updated as the incumbents of the jobs change

  Correct Answer: C

• Question 196:

  How should a manager provide negative feedback to an employee?

  A. Through an email-message

  B. In the privacy of an office or conference room

  C. On a voice-mail

  D. At a department meeting

  Correct Answer: B

• Question 197:

  Bass Biting Company operates bait, tackle and boat sales store employing 12 full time clerks and salespeople in addition to the owner and his family members. Occasionally, Bass Biting assigns special work to individuals other than its regular employees and family members. Bass Biting engaged a carpenter, Jim to build a boat dock so that customers could access the shop via boat. Jim has several docks in progress for other local merchants. Bass Batting's dock took 4 days to build, 13 hours each day. Bass Biting paid Jim $500 for 4 days' work. Calculate overtime due Jim under FLSA.

  A. $57.72

  B. $557.44

  C. $0

  D. $173.04

  Correct Answer: C

• Question 198:

  Certain company records must be retained for four years to comply with regulations of which of the following agencies?

  A. U.S. Citizenship and Immigration Service

  B. Internal Revenue Service

  C. Wage and Hour Division, Department of Labor

  D. Social Security Administration

  Correct Answer: B

• Question 199:

  The rate of withholding in 2009 on qualified pension distributions made directly to employees is:

  A. 15%

  B. 20%

  C. 27%

  D. 30%

  Correct Answer: B

• Question 200:

  Which of the following would never be delegated to a manger's subordinates?

  A. Accountability

  B. Responsibility

  C. Authority

  D. All of the above

  Correct Answer: A