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CPP Certified Payroll Professional APA Master Exam Practice

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CPP Certified Payroll Professional APA Master Exam PracticeCPP Certified Payroll Professional APA Master Exam PracticeCPP Certified Payroll Professional APA Master Exam PracticeCPP Certified Payroll Professional APA Master Exam PracticeCPP Certified Payroll Professional APA Master Exam PracticeCPP Certified Payroll Professional APA Master Exam PracticeCPP Certified Payroll Professional APA Master Exam PracticeCPP Certified Payroll Professional APA Master Exam PracticeCPP Certified Payroll Professional APA Master Exam Practice

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CPP Certified Payroll
Professional APA Master Exam
Practice
Form SS-8 - Correct Answer-Determination of Worker Status for Purposes of Federal
Employment Taxes and Income Tax Withholding


Form W-9 - Correct Answer-First, it is used by third parties to collect identifying
information to help file information returns with the IRS.


The form is never actually sent to the IRS, but is maintained by the person who files
the information return for verification purposes.


The information on the Form W-9 and the payment made are reported on a Form
1099.


The second purpose is to help the payee avoid backup withholding. The payer must
collect withholding taxes on certain reportable payments for the IRS. However, if the
payee certifies on the W-9 they are not subject to backup withholding they generally
receive the full payment due them from the payer. This is similar to the withholding
exemptions certifications found on Form W-4 for employees.


Form SS-5 - Correct Answer-Apply for an original Social Security card
Apply for a replacement Social Security card
Change or correct information on your Social Security number record


Form SS-4 - Correct Answer-Application for Employer Identification Number (EIN)


Accounting equation (Balance Sheet) - Correct Answer-Assets = Liabilities + Capital
Assets - Liabilities = (Shareholders' or Owners' Equity)


Asset (Debit or Credit Normal Balance?) - Correct Answer-Debit

,Expense (Debit or Credit Normal Balance?) - Correct Answer-Debit


Liability (Debit or Credit Normal Balance?) - Correct Answer-Credit


Capital (Debit or Credit Normal Balance?) - Correct Answer-Credit


Owners Equity (Debit or Credit Normal Balance?) - Correct Answer-Credit


Revenue (Debit or Credit Normal Balance?) - Correct Answer-Credit


Escheat laws - Correct Answer-Refer to unclaimed property obligations. Companies
who issue checks-for wages, payroll, employee commissions, returnable garnishments,
deferred compensation, payroll services or bonuseshave a potential (and probable)
unclaimed property obligation.


Schedule D (Form 941) - Correct Answer-to explain certain discrepancies (caused by
acquisitions, statutory mergers, and consolidations) between Forms W-2, Wage and
Tax Statement (Copy A), and Forms 941, Employer's QUARTERLY Federal Tax
Return, for the totals of social security wages, Medicare wages and tips, social
security tips, federal income tax withheld, and advance earned income credit (EIC)
payments


Workweek for 14 and 15-year-olds - Correct Answer-Outside school hours, and on
school days including Fridays, no more than 3 hours.
No more than 8 hours on a non-school day.
When school is in session, no more than 18 hours per week.
No more than 40 hours during a week when school is out.
Between the hours of 7 a.m. And 7 p.m, extended to 9 p.m. Between June 1 and Labor
Day.


1) Which form is used for Determination of Employee Work Status for Purposes of
Federal Employment Taxes and Income Tax Withholding?
A. Form I-9
B. Form SS-4

,C. Form SS-5
D. Form SS-8 - Correct Answer-D


2) What amount must an independent contractor be paid for services rendered before
an employer is obligated to give them a 1099-MISC?
A. Once total reaches $600 or more
B. Total payments reach $600 or more for company's fiscal year
C. Total payments reach $600 or more for calendar year
D. Any individual payment makes during calendar year exceeding $600 - Correct
Answer-C


3) Qualified real estate agents and direct sellers are which of the following?
A. Statutory Employees
B. Statutory Nonemployees
C. Employees
D. Independent Contractors - Correct Answer-B


4) Under the common law test, the IRS examiners are to group the evidence they
gather into three general types or "categories" Which of the following is not one of
them?
A. Behavioral control
B. Financial control
C. Location of work
D. Relationship of the parties - Correct Answer-C


5) Which of the following is not regulated by the FLSA?
A. Child labor
B. Overtime pay
C. Minimum Wage Rates
D. 8 hour work day - Correct Answer-D


6) Agent-drivers, commission-drivers and full-time life insurance salespersons are
which of the following?
A. Statutory Employees

, B. Statutory Nonemployees
C. Employees
D. Independent Contractors - Correct Answer-A


7) There are three parts of the ABC test, which is not one of them?
A. Business-unusual and/ or away
B. Risk of loss
C. Customarily independent contractor
D. Absence of control - Correct Answer-B


8) Under the federal new hire reporting requirement how many days does an
employer have after hire date?
A. 10 days
B. 20 days
C. 30 days
D. 40 days - Correct Answer-B


9) What is Form I-9 used for?
A. Application for Employer Identification Number
B. Determination of Employee Work Status
C. Application for IRS Individual Taxpayer
D. Employment Eligibility Verification - Correct Answer-D


10) Under the reasonable basis test, which of the following does not support an
employer's treatment of a worker as an independent contractor?
A. Past IRS employment tax audit
B. Published IRS rulings
C. Place of work
D. Private letter rulings - Correct Answer-C


11) What does FLSA stand for?
A. Federal Labor Standards Act
B. Fair Labor Standards Act
C. Federal Labor Standards Agency

Información del documento

Subido en
12 de marzo de 2026
Número de páginas
102
Escrito en
2025/2026
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