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| Section | Objectives |
|---|
| Core Payroll Concepts | - Payroll fundamentals and calculations
- 1. Gross-to-net pay calculations
- 2. Wage determination and compensation rules
|
| Payroll Administration | - Payroll systems and processing
- 1. Payroll controls and compliance procedures
- 2. Payroll cycle management
|
| Accounting and Reporting | - Payroll accounting and reconciliation
- 1. General ledger integration
- 2. Payroll reporting and audits
|
| Compliance, Audit, and Administration | - Internal and external audit processes
- 1. Compliance with federal regulations
- 2. Recordkeeping and documentation standards
|
| Taxation and Regulatory Compliance | - Federal payroll tax compliance
- 1. FICA and unemployment taxation
- 2. Income tax withholding principles
|
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APA Certified Payroll Professional Sample Questions (Q80-Q85):
NEW QUESTION # 80
All of the following steps are required when initiating direct deposit for an employee EXCEPT:
- A. receiving employee's bank account number
- B. getting authorization from the employee
- C. pre-notification
- D. receiving financial institution routing number
Answer: C
NEW QUESTION # 81
Which of the following master file components is required to be kept for an exempt employee?
- A. Hours worked per week
- B. Hourly rate of pay
- C. Regular rate of pay
- D. Frequency of payment
Answer: D
Explanation:
Under the Fair Labor Standards Act (FLSA), employers must maintain specific records for all employees, though the requirements vary slightly between exempt and nonexempt workers. For exempt employees, the employer is not required to track daily or weekly hours worked (Option D) or calculate a " regular rate of pay
" (Option B) for overtime purposes, as these employees are exempt from overtime requirements. Similarly, an
" hourly rate " (Option A) is typically not applicable to salaried exempt employees. However, the " frequency of payment " (Option C) is a mandatory record-keeping requirement for all employees under the FLSA. This ensures that the employer is paying workers on a regular, predictable schedule as required by federal and state labor laws. Accurate records of pay frequency are also essential for auditors to verify that employees are receiving their full salary installments throughout the year.
NEW QUESTION # 82
An employee of a state law enforcement agency worked 45 hours in the workweek. Under FLSA, how much compensatory time off must this employee receive in lieu of overtime pay?
- A. 7.5 hours
- B. 5.5 hours
- C. 2.5 hours
- D. 10.0 hours
Answer: A
NEW QUESTION # 83
A statutory employee's pay is subject to which of the following taxes?
- A. Federal income tax
- B. Social Security, Medicare and FUTA
- C. None
- D. Federal income tax, Social Security, and Medicare
Answer: B
NEW QUESTION # 84
A credit balance in a tax liability account at quarter end means that:
- A. An estimated tax deposit was made
- B. The employer is a monthly depositor
- C. A refund is due from the IRS
- D. All tax withholding was not remitted
Answer: A
Explanation:
Acredit balanceusually indicates that adeposit was made in advanceor anoverpaymentoccurred. It does not mean a refund is due yet, but that funds are sitting in the liability account until reconciled.
NEW QUESTION # 85
......
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