Payroll Accounting SB CH 1 & 2 Exam
Actual Questions and Answers 2026
laws govern workers' compensation laws. -
correct answer ✅state
Payment of legally due payroll amounts becomes a moral between
the and the recipients. -
correct answer ✅contract, company
Which of the following are changes to payroll due to the Tax Cuts
and Jobs Act of 2017 (select all that apply)? -
correct answer ✅Adjustment for inflation
Decreases in supplemental wage withholding rates.
The Consolidated Appropriations Act of 2018 increased funding for
the --program. -
correct answer ✅Field 1: E or E-
Field 2: Verify
The purpose of the Coronavirus Aid, Relief, and Economic Stimulus
Act of 2020 was to -
correct answer ✅Provide assistance to employers to promote
employee retention.
,Payroll Accounting SB CH 1 & 2 Exam
Actual Questions and Answers 2026
What was the purpose of the Current Tax Payment Act? -
correct answer ✅To obtain employer remittance of payroll taxes.
Which of the following accounting organizations have provided
examples of ethical frameworks? -
correct answer ✅AICPA
IFAC
IMA
The Tax Cuts and Jobs Act affected employee liability. -
correct answer ✅Field 1: federal
Field 2: income
Field 3: tax
True or false: The E-Verify program replaced the need to complete
Form I-9 -
correct answer ✅False
Which of the following are items that payroll accountants must
keep confidential? -
correct answer ✅Employee legal obligations
,Payroll Accounting SB CH 1 & 2 Exam
Actual Questions and Answers 2026
Social Security number
Prior to enactment of the ----, no formal guidelines existed for tax
remittance by employers. -
correct answer ✅Field 1: current
Field 2: tax
Field 3: payment
Field 4: act
A payroll accountant must adhere to guidelines and deadlines,
despite personal conflicts. -
correct answer ✅True
The Diane B. Allen Equal Pay Act in New Jersey prevented pay
differences based on differences protected by civil rights laws. -
correct answer ✅True
Which of the following describes the ethical element of
professionalism? -
correct answer ✅Maintaining confidentiality and public trust.
, Payroll Accounting SB CH 1 & 2 Exam
Actual Questions and Answers 2026
The main question to test the integrity of a situation is -
correct answer ✅am I doing what is right for everyone concerned?
Why must accountants take care to maintain objectivity and
independence in their work? -
correct answer ✅To maintain the integrity of their work.
An accountant must remain current with practices and legal as part
of the ethical principle of due care. -
correct answer ✅Field 1: accounting
Field 2: developments
The CARES legislation provided employers with up to percent (with
a maximum of $10,000) per employee. -
correct answer ✅Field 1: 50 or fifty
is the most important asset that a payroll accountant may possess. -
correct answer ✅Integrity
Despite the Sarbanes-Oxley Act, the payroll accounting industry is
rife with and . -
correct answer ✅Field 1: fraud
Actual Questions and Answers 2026
laws govern workers' compensation laws. -
correct answer ✅state
Payment of legally due payroll amounts becomes a moral between
the and the recipients. -
correct answer ✅contract, company
Which of the following are changes to payroll due to the Tax Cuts
and Jobs Act of 2017 (select all that apply)? -
correct answer ✅Adjustment for inflation
Decreases in supplemental wage withholding rates.
The Consolidated Appropriations Act of 2018 increased funding for
the --program. -
correct answer ✅Field 1: E or E-
Field 2: Verify
The purpose of the Coronavirus Aid, Relief, and Economic Stimulus
Act of 2020 was to -
correct answer ✅Provide assistance to employers to promote
employee retention.
,Payroll Accounting SB CH 1 & 2 Exam
Actual Questions and Answers 2026
What was the purpose of the Current Tax Payment Act? -
correct answer ✅To obtain employer remittance of payroll taxes.
Which of the following accounting organizations have provided
examples of ethical frameworks? -
correct answer ✅AICPA
IFAC
IMA
The Tax Cuts and Jobs Act affected employee liability. -
correct answer ✅Field 1: federal
Field 2: income
Field 3: tax
True or false: The E-Verify program replaced the need to complete
Form I-9 -
correct answer ✅False
Which of the following are items that payroll accountants must
keep confidential? -
correct answer ✅Employee legal obligations
,Payroll Accounting SB CH 1 & 2 Exam
Actual Questions and Answers 2026
Social Security number
Prior to enactment of the ----, no formal guidelines existed for tax
remittance by employers. -
correct answer ✅Field 1: current
Field 2: tax
Field 3: payment
Field 4: act
A payroll accountant must adhere to guidelines and deadlines,
despite personal conflicts. -
correct answer ✅True
The Diane B. Allen Equal Pay Act in New Jersey prevented pay
differences based on differences protected by civil rights laws. -
correct answer ✅True
Which of the following describes the ethical element of
professionalism? -
correct answer ✅Maintaining confidentiality and public trust.
, Payroll Accounting SB CH 1 & 2 Exam
Actual Questions and Answers 2026
The main question to test the integrity of a situation is -
correct answer ✅am I doing what is right for everyone concerned?
Why must accountants take care to maintain objectivity and
independence in their work? -
correct answer ✅To maintain the integrity of their work.
An accountant must remain current with practices and legal as part
of the ethical principle of due care. -
correct answer ✅Field 1: accounting
Field 2: developments
The CARES legislation provided employers with up to percent (with
a maximum of $10,000) per employee. -
correct answer ✅Field 1: 50 or fifty
is the most important asset that a payroll accountant may possess. -
correct answer ✅Integrity
Despite the Sarbanes-Oxley Act, the payroll accounting industry is
rife with and . -
correct answer ✅Field 1: fraud
