CPP Certified Payroll Professional APA (Master
Exam Practice) Actual Exam Questions / Complete
Accurate Quizzes with Verified Answers / 2025-
2026
Terms in this set (406)
Form SS-8 Determination of Worker Status for Purposes of
Federal Employment Taxes and Income Tax
Withholding
Form W-9 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.
Apply for an original Social Security card
Apply for a replacement Social Security card
Form SS-5
Change or correct information on your Social Security
number record
,Form SS-4 Application for Employer Identification Number (EIN)
Accounting equation Assets = Liabilities + Capital
(Balance Sheet) Assets - Liabilities = (Shareholders' or Owners' Equity)
Asset (Debit or Credit Debit
Normal Balance?)
Expense (Debit or Credit Debit
Normal Balance?)
Liability (Debit or Credit Credit
Normal Balance?)
Capital (Debit or Credit Credit
Normal Balance?)
Owners Equity (Debit or Credit
Credit Normal Balance?)
Revenue (Debit or Credit Credit
Normal Balance?)
Escheat laws 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.
to explain certain discrepancies (caused by acquisitions,
statutory mergers, and consolidations) between Forms W-
2, Wage and Tax Statement (Copy A), and Forms 941,
Schedule D (Form 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 15year- Outside school hours, and on school days including Fridays, no
olds 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 D
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
, C
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
3) Qualified real estate B
agents and direct sellers are
which of the following?
A. Statutory Employees
B. Statutory
Nonemployees
C. Employees
D. Independent
Contractors
Exam Practice) Actual Exam Questions / Complete
Accurate Quizzes with Verified Answers / 2025-
2026
Terms in this set (406)
Form SS-8 Determination of Worker Status for Purposes of
Federal Employment Taxes and Income Tax
Withholding
Form W-9 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.
Apply for an original Social Security card
Apply for a replacement Social Security card
Form SS-5
Change or correct information on your Social Security
number record
,Form SS-4 Application for Employer Identification Number (EIN)
Accounting equation Assets = Liabilities + Capital
(Balance Sheet) Assets - Liabilities = (Shareholders' or Owners' Equity)
Asset (Debit or Credit Debit
Normal Balance?)
Expense (Debit or Credit Debit
Normal Balance?)
Liability (Debit or Credit Credit
Normal Balance?)
Capital (Debit or Credit Credit
Normal Balance?)
Owners Equity (Debit or Credit
Credit Normal Balance?)
Revenue (Debit or Credit Credit
Normal Balance?)
Escheat laws 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.
to explain certain discrepancies (caused by acquisitions,
statutory mergers, and consolidations) between Forms W-
2, Wage and Tax Statement (Copy A), and Forms 941,
Schedule D (Form 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 15year- Outside school hours, and on school days including Fridays, no
olds 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 D
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
, C
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
3) Qualified real estate B
agents and direct sellers are
which of the following?
A. Statutory Employees
B. Statutory
Nonemployees
C. Employees
D. Independent
Contractors
