The Payroll Source CPP Practice Exam LATEST ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+

The Payroll Source CPP Practice Exam LATEST ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ An employee is to be awarded a net bonus of $2,000 as supplemental wages in 2017. Year to date regular and supplemental earnings are $15,000. Using the current option flat tax rate and social security and Medicare rates, what should be the gross amount of the payment if the employee lives and works in a state with no income tax? A. $2,969.56 B. $2,906.98 C. $2,666.67 D. $2,883.92 - CORRECT ANSWER A. $2,000/(100% - (25%+6.2%+1.45%)) = $2,000/67.35% = $2,969.56 Which form is used to request an employer identification number? A. I-9 B. SS-4 C. SS-5 D. SS-8 - CORRECT ANSWER B. SS-4 One element of payroll calendar is: A. pay frequency B. hire dates C. total remuneration D. social security numbers - CORRECT ANSWER A. Pay frequency With online input, what is the BEST way to control miscellaneous payments? A. verification of a sample of entered data B. a visual audit of the online activity report C. an auditor's comparison of each input source document to the data base record D. a comparison of the online report totals to predetermined totals taken from the source documents - CORRECT ANSWER D. a comparison of the online report totals to predetermined totals taken from the source documents All of the following actions demonstrate a strong customer service orientation EXCEPT: A. exhibiting a customer friendly attitude B. viewing customers as the most important part of the job C. using voice mail to answer phone calls from customers D. establishing relationships with people - CORRECT ANSWER C. using voice mail to answer phone calls from customers