Practice Through Payroll FPC-REMOTE Dumps to Pass the Fundamental Payroll Certification (FPC) Certification Exam

1. For her 10 years of service, an employee was given a gold necklace valued at $100.

Which of the following is true?

2. hat type of pay is included in the regular rate of pay calculation?

3. What does an employer use to calculate the amount to withhold for an IRS tax levy?

4. Payroll documentation accomplishes all of the following goals EXCEPT:

5. When an employee lives and works in the same state, the employer withholds income tax for that state.

6. All of the following statements about FLSA overtime regulations are true EXCEPT:

7. A retired safety inspector for the company was rehired as a consultant when the company expanded its plant operations. the retired employee was a natural choice. the tasks he undertook as a consultant were the same as the ones he performed before retirement. paid monthly, he has agreed to work under the direction of his old boss until the new plantfacilitates are fully operational?

What is his status?

8. During thanksgiving week, a nonexempt employee was paid for the following hours:

sun- none

mon- 10 hours worked

tues- 10 hrs work

weds- 8 hr sicks day

thurs- 8 hr holiday

fri-8 hr vacation

sat- 8 hr work

How many overtime hours, if any, did the ee work?

9. Prior to beginning work for a company, a chemical engineer signed a contract stating that she agreed to work as an independent contractor. she performs all her duties in the companys laboratories, works under the companys direction, and maintains regular office hours. what is her status?

10. An employee going to the payroll department to ask a question about his paycheck. when he arrives, the desks are unattended, files are open, desk tops are covered with paper, and the floor has stacks of reports askew.

Which customer service principle could be improved in this payroll department?

11. Which type of report does not originate from the employees earning record?

12. which of the following plans applies only to employees of public schools, colleges and universities, and public charities?

13. Last week, a high school teacher spent 40 hours in the classroom, worked 10 hours grading papers and was required to put in another 8 hours on saturday at the school sponsored science fair. under the FLSA, what overtime hours, if any, must the teacher be paid?

14. Whichcafeteria plan are authorized by what Internal Revenue Code Section?

15. A financial transaction is first posted in your organizations:

16. Salaries earned but not yet paid in the current month must be recorded as:

17. An employee earns $1,000 weekly. his deductions are $174 for federal income tax, $62 for social security tax, and $14.50 for medicare tax. He is not supporting another family and has never been in arrears in his child support payments.

What is the maximum child support payment that can be withheld from his wages?

18. An employee is married with one child. His beginning salary is $1,000 semimonthly. because of an unexpected business trip, the employee fails to submit a 2020 form W4 by his first payday.

What withholding status must the employer use for his first paycheck?

19. What authority controls the frequency with which employees must be paid?

20. You receive a letter of inquiry concerning an employee.

What should you do?

21. All of the following are reasons payroll keeps records except:

22. Actions that control the staff in order to protect the company against fraud include all of the following except:

23. Which of the following statements is correct regarding section 125 plans?

24. When paying supplemental wages, when must the aggregate withholding method be used?

25. An employee was sick the last week in december. his paycheck, dated dec 31, 2020 was held for him until he returned to work on Jan 6, 2021. these wages are taxable:

26. Under what conditions can an employee claim exemption from withholding on form W4?

27. Which of the following plans can discriminate in favor of highly compensation employees?

28. If you need very rapid response time with minimal lag between input and output into your computer system, look for:

29. All of the following issues are concerns of external auditors except:

30. Payroll documentation accomplishes all of the following EXCEPT:

31. What is the effect on an employees income when the employer pays that employees share of social security and medicare taxes on a fringe benefit?

32. All of the following deferred compensation plans limit the employee to making a deferral contribution of $19,500 in 2020 except:

33. Which tax withholidng method uses the average earnings for one pay period to determine the withholding per pay period?

34. A waitress is paid $2.25 per hour and she receives $225 in tips during the week. She works 4o hours per week.

Which of the following is true?

35. Which of the following employee benefits is nontaxable compensation?

36. What advantages does a payroll checking account provide?

37. All of the following deductions are involuntary deductions EXCEPT:

38. For a payment after the employees death in the year AFTER the death, what taxes, if any, will be withheld?

39. Which plan is specifically set up for government employees?

40. All of the following types of records can be combined with payroll data in an integrated system except:

41. An employee was recently married. the employer pays on the 15th and last day of every month. on June 10, the employee submitted a revised W4.

When must you change the amount of his withholding?

42. The statue of limitation for correcting a form 941 is:

43. When system generated tools do not agree to batch control totals, what must occur?

44. When does an exempt W4 expire?

45. How would each of the following be posted?

46. A semiweekly depositor has a liability of $79,000 from Weds payday and a liability of $50,000 from Friday's payday. The deposit is due by the:

47. Last month, an employee emailed her mother on the company's email, photocopied fliers for her church picnic at work and used her work computer to update her resume. These services represent:

48. All employees must complete a new form w4 each year

49. When an employee begins to receive social security benefits, the employer no longer needs to withhold social security and medicare taxes.

50. An employee works from midnight to 8am on a company paid holiday but does not work more than 40 hours during the workweek. under the FLSA, the employee must be paid: