APA FPC-REMOTE Online Practice Questions and Exam Preparation

APA FPC-REMOTE Online Questions & Answers

• Question 11:

  When paying supplemental wages, when must the aggregate withholding method be used?

  A. when no income tax is withheld from regular wages for the current or preceding year
  B. when the employee claims more than 10 dependents
  C. when the employee doesnt complete a form W4
  D. when the employee claims heads of household
  A. when no income tax is withheld from regular wages for the current or preceding year

• Question 12:

  When system generated tools do not agree to batch control totals, what must occur?

  A. continue processing
  B. finding the cause and correcting the error
  C. delay finding the error until more time is available
  D. document the difference and continue processing
  B. finding the cause and correcting the error

• Question 13:

  An employer contributes $200 per month to an employee cafeteria plan. the pretax medical/dental package that she has chosen costs $250 per month. she contributes the extra $50 for this benefit plan. payroll must withhold:

  A. social security tax and medicare tax from only the employee contribution
  B. social security tax, medicare tax, and federal income tax from only the employee contribution
  C. no tax from either the employee or employer contribution
  D. social security tax and medicare tax from only the employer contribution
  C. no tax from either the employee or employer contribution

• Question 14:

  All of the following issues are concerns of external auditors except:

  A. safeguarding of the firms financial assets
  B. risks to the companys financial well being
  C. efficiency of payroll procedures
  D. material misstatements of financial statements
  C. efficiency of payroll procedures

• Question 15:

  An employee going to the payroll department to ask a question about his paycheck. when he arrives, the desks are unattended, files are open, desk tops are covered with paper, and the floor has stacks of reports askew. Which customer service principle could be improved in this payroll department?

  A. reliability
  B. responsiveness
  C. assurance
  D. empahty
  E. tangibles
  E. tangibles

• Question 16:

  If you need very rapid response time with minimal lag between input and output into your computer system, look for:

  A. batch processing
  B. remote entry processing
  C. real time processing
  D. network processing
  C. real time processing

• Question 17:

  All of the following types of employees are classified as exempt from the FLSAs min wage and OT requirements except:

  A. professional
  B. outside salesperson
  C. administrative
  D. computer repairman
  C. administrative

• Question 18:

  What does an employer use to calculate the amount to withhold for an IRS tax levy?

  A. disposable pay
  B. net pay
  C. take home pay
  D. taxable wages
  C. take home pay

• Question 19:

  Which of the following employee benefits is nontaxable compensation?

  A. company vehicle (personal use)
  B. gifts, prizes awards
  C. company vehicle (business use)
  D. moving expense
  C. company vehicle (business use)

• Question 20:

  Every month, all of the following records are reconciled EXCEPT:

  A. payroll liability accounts
  B. master record of payments
  C. payroll bank checking account
  D. validity edits
  D. validity edits