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| Section | Objectives |
|---|
| Topic 1: Compliance, Audit, and Administration | - Internal and external audit processes
- 1. Recordkeeping and documentation standards
- 2. Compliance with federal regulations
|
| Topic 2: Taxation and Regulatory Compliance | - Federal payroll tax compliance
- 1. Income tax withholding principles
- 2. FICA and unemployment taxation
|
| Topic 3: Payroll Administration | - Payroll systems and processing
- 1. Payroll cycle management
- 2. Payroll controls and compliance procedures
|
| Topic 4: Core Payroll Concepts | - Payroll fundamentals and calculations
- 1. Wage determination and compensation rules
- 2. Gross-to-net pay calculations
|
| Topic 5: Accounting and Reporting | - Payroll accounting and reconciliation
- 1. Payroll reporting and audits
- 2. General ledger integration
|
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APA Certified Payroll Professional Sample Questions (Q101-Q106):
NEW QUESTION # 101
Employers funding a Qualified Small Employer Health Reimbursement Arrangement (QSEHRA) and fail to provide an annual notice to eligible employees face a penalty per employee of:
- A. $5,850.00
- B. $2,500.00
- C. $50.00
- D. $11,800.00
Answer: A
Explanation:
Comprehensive and Detailed In-Depth Explanation:
Under the21st Century Cures Act, QSEHRAs must be disclosed annually to employees. Failure to notify can lead to a$50/day penalty per employee, up to$5,850 per employee per year.
NEW QUESTION # 102
An exempt employee paid semimonthly who normally works four 10-hour days per week is unable to work for two days in the pay period because the office is closed for remodeling. The employee's annual salary is
$55,000.00. Under the FLSA, what amount MUST the employee be paid for the pay period?
- A. $1,692.34
- B. $2,291.67
- C. $1,762.83
- D. $1,868.63
Answer: B
Explanation:
Under the Fair Labor Standards Act (FLSA) " salary basis test, " an exempt employee must receive their full salary for any workweek in which they perform any work, regardless of the number of days or hours worked.
An employer cannot reduce an exempt employee ' s salary because of a lack of work caused by the employer, such as an office closure for remodeling. As long as the employee was " ready, willing, and able " to work, they must be paid their full semi-monthly salary installment. Calculation: $55,000 annual salary / 24 pay periods = $2,291.67 . Deductions from an exempt employee ' s salary are only permitted for specific reasons, such as full-day absences for personal reasons (other than sickness or accident) or for disciplinary suspensions for major safety rule violations. Improper deductions can lead to the loss of the employee ' s exempt status.
NEW QUESTION # 103
In a customer service situation, Payroll should:
- A. get in the last word
- B. remain assertive and stays focused
- C. avoid addressing stressful issues
- D. assure the caller everything is okay, even when it's not
Answer: B
NEW QUESTION # 104
Beth, who works for Nugget Productions, is enrolled in the company's cafeteria plan. Beth adopts a child in august, and requests a change in her election under the cafeteria plan. What is the action that may be taken?
- A. Nugget Products will suspend Beth's deduction until the first quarter
- B. Beth may change her election due to the change in family status
- C. The employer will increase Beth's deduction retroactively to the child's date of birth
- D. There can be no change to Beth's deduction until the first quarter
Answer: B
NEW QUESTION # 105
Which of the following forms pertains to a merger or acquisition?
- A. Schedule A
- B. Schedule M
- C. Schedule D
- D. Schedule B
Answer: C
NEW QUESTION # 106
......
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