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FPC PRACTICE FINAL PART 1 questions
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and answers latest top score.
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Company zdeadlines zfor zpayroll zdata zinput zdocuments zare zessential zfor: z-
zcorrect z
z
answers.Timely zprocessing zof
zpayroll
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Which zof zthe zfollowing zpractices zis zstrong zinternal zcontrol? z - z correct
zanswers.Have za z
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person, zother zthan zthe zperson zwho zrequested zand
zauthorized
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payments zto zprepare zthe zpayroll
zchecks
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Generally, zwhat zis z the z largest expense
z z for most
z z companies? z - z correct
zanswers.Salaries z
z
and
zbenefits
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The zprocess zof zbalancing zmultiple ztime zsheets zwithin za zspecified zpay zperiod
zutilizes za z
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procedure zknown zas: z- zcorrect zanswers.Batch
ztotaling
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Which zof zthe zfollowing zmust zbe zreconciled zevery
zmonth?
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A. zPayroll zliability
zaccounts
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B. zMaster zrecords zof
zpayments
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C. zPayroll zbank zchecking
zaccount
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zD. zAll zof zthe zabove z- zcorrect zanswers.All zof zthe
zabove
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To zexhibit zgood zcustomer zservice zskills, zpayroll zstaff zmust zunderstand zand zbe zable
zto z
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explain: z- zcorrect zanswers.Payroll
zforms
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Which zof zthe zfollowing zrecords zmust zbe zkept zfor zfour zyears? z- zcorrect
zanswers.Voided z
z
payroll
zchecks
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For zhow zmany zyears zmust zthe zemployer's zcopy zof zthe zForm z940 zbe zretained? z-
zcorrect z
z
answers.4
zYEARS
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Which zof zthe zfollowing zitems zrepresents zan zinput zinterface zto zthe zpayroll
zsystem? z-
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correct zanswers.Time zand
zAttendance
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Which zof zthe zfollowing zis zLEAST zlikely zto zbe zconsidered zwhen zlooking zat zthe zsecurity
zof za z
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new zpayroll zsystem? z- zcorrect zanswers.System
zedits
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All zof zthe zfollowing zsteps zare zrequired zwhen zinitiating zdirect zdeposit zfor zan
zemployee z
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except: z- zcorrect zanswers.Pre-
notification
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Penalties zfor zfailure zto zmake ztimely zdeposits zare zdetermined zby: z- zcorrect zanswers.A
zfour z
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tiered zpenalty zstructure zbased zon zthe znumber zof zdays zthe zdeposit zis
zlate
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Which zof zthe zfollowing zoutcomes zis zthe zprimary zadvantage zof zdeveloping zan zin
zhouse z
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system? z- zcorrect zanswers.The zemployer zcontrols zthe zentire zcomputer
zsystem
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In za zcustomer zservice zsituation, zpayroll zshould: z- zcorrect zanswers.Remain zassertive
zand z
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stay
zfocused
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