Positive Aspects of Valid Dumps FPC-Remote Exam Dumps! [Apr-2024]
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APA FPC-Remote exam is designed to assess professionals' knowledge of fundamental payroll principles and practices. FPC-Remote exam tests candidates on their understanding of payroll compliance, processing, calculations, and reporting. FPC-Remote exam covers a wide range of topics, including federal and state payroll laws, tax compliance, payroll calculations, and record keeping. FPC-Remote exam is open to anyone interested in pursuing a career in payroll management or enhancing their existing payroll management skills.
NEW QUESTION # 58
For a payment after the employee's death in the year of the death, what taxes, if any, will be withheld?
- A. federal income tax only
- B. no taxes will be withheld
- C. social security and medicare taxes only
- D. both federal income and social security and medicare taxes
Answer: C
NEW QUESTION # 59
when a payroll department does not respond promptly to a penalty notice from a governmental agency against an employee, this is an example of:
- A. responding to higher priorities
- B. lack of compliance
- C. poor problem solving
- D. breaching confidentiality
Answer: C
NEW QUESTION # 60
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?
- A. $449.70
- B. $500.18
- C. $500
- D. $600
Answer: A
NEW QUESTION # 61
What advantages does a payroll checking account provide?
- A. prevents fraud
- B. ensures that checks are issued correctly
- C. ensures that reconciliations are completed in a timely manner
- D. facilitates reconciliations
Answer: D
NEW QUESTION # 62
Payroll documentation accomplishes all of the following EXCEPT:
- A. provide uniformity
- B. ensure procedures are followed
- C. provide a reference tool
- D. simplify training
Answer: B
NEW QUESTION # 63
Privacy of employee info should be a top priority of the payroll manager, but not necessarily a top priority of the payroll staff.
- A. false
- B. true
Answer: A
NEW QUESTION # 64
How frequently must an employer include noncash fringe benefits in an employee's income?
- A. annually
- B. quarterly
- C. semiannually
- D. each pay period
Answer: A
NEW QUESTION # 65
An employer contributes $175 per month to an employee's cafeteria plan. since her husband has medical/dental coverage through his employer, she wants to take the $175 per month in cash. which of the following statements is true?
- A. the $175 becomes taxable income
- B. this option is not available; if the amount is not spent, it is lost
- C. only social security tax and medicare tax are withheld from the $175 per month.
- D. the $175 is a tax free benefit to her.
Answer: A
NEW QUESTION # 66
One of the options in an employee's cafeteria benefit plan is a dependent care flexible spending account. He earnmarked $100 per month to the account to pay for child care but spent only $1000 by the end of the plans grace period. At the end of the grace period, what happens to the $200 left in the account?
- A. the amount is forfeited
- B. he can use it to buy an additional benefits
- C. it will be added to his taxable income
- D. it will carry over to the next year
Answer: A
NEW QUESTION # 67
When an employee begins to receive social security benefits, the employer no longer needs to withhold social security and medicare taxes.
- A. TRUE
- B. False
Answer: A
NEW QUESTION # 68
What is the employer's social security tax rate in 2020?
- A. 12.4%
- B. 7.65%
- C. 1.45%
- D. 6.2$
Answer: D
NEW QUESTION # 69
An employee claims exempt from withholding on his form W4. to continue the exempt status for the next year, a new form W4:
- A. must be filed by feb 15 of the following year
- B. is invalid if the employee claims more than 10 dependents
- C. must be filed by dec 31
- D. is not necessary
Answer: A
NEW QUESTION # 70
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?
- A. single/married filing separately, no entries in steps 2,3,4
- B. single/married filing separately, entry in step 3 for one dependent
- C. married filing jointly, no entries in steps 2,3,4
- D. married filing jointly, entry in step 3 for one dependent
Answer: A
NEW QUESTION # 71
Which of the following events would require an employee to fill out an amended form w4 within 10 days of its occurrence?
- A. employee becomes legally separated from his or her spouse who was claimed as a dependent
- B. employees spouse quits job to stay home with a new baby
- C. adoption of a kid
- D. death of a spouse
Answer: A
NEW QUESTION # 72
Under what conditions can an employee claim exemption from withholding on form W4?
- A. receiving overtime pay
- B. anticipates receiving a bonus
- C. had no tax liability last year and expects no tax liability this year
- D. an employee takes her first job
Answer: C
NEW QUESTION # 73
How would each of the following be posted?
- A. decrease an asset account
- B. increase a revenue account
- C. increase in asset account
- D. increase an expense account
- E. decrease in liability account
Answer: A,B,C,D,E
NEW QUESTION # 74
If a state wage and hour law requires that a nonexempt employee be paid an overtime premium when the employee works more than 8 hours in a day and the employee works the following schedule, how many overtime hours must the employee be paid?
sun-5
mon-7
tues-6
weds-8
thurs-10
fri-8
sat-6
- A. 0
- B. 1
- C. 2
- D. 3
Answer: A
NEW QUESTION # 75
All of the following are tax implications of a cafeteria plan except:
- A. no income tax withholding
- B. must withhold income, social security, and medicare taxes
- C. no form W2 reporting
- D. no social security and medicare tax withholding
Answer: B
NEW QUESTION # 76
An employer contributes $200 per month to an employee cafeteria plan. the pretax medical/dental package that she has chosen costs $250 per month. she contributes the extra $50 for this benefit plan. payroll must withhold:
- A. social security tax and medicare tax from only the employee contribution
- B. no tax from either the employee or employer contribution
- C. social security tax, medicare tax, and federal income tax from only the employee contribution
- D. social security tax and medicare tax from only the employer contribution
Answer: B
NEW QUESTION # 77
What authority controls the frequency with which employees must be paid?
- A. Local laws
- B. FLSA rules
- C. state laws
- D. IRS rules
Answer: C
NEW QUESTION # 78
A receptionist has agreed to work afternoons at the company until the company can find a full time replacement. what is the receptionists status?
- A. employee
- B. independent contractor under reasonable basis
- C. independent contractor under common law
Answer: A
NEW QUESTION # 79
When an employee is overpaid and the repayment occurs in the same year, the repayment requested is the employee's
- A. gross overpayment
- B. gross overpayment minus social security and medicare tax
- C. net overpayment
- D. gross overpayment minus federal income tax
Answer: C
NEW QUESTION # 80
When must overtime be paid?
- A. as soon as practically possible
- B. each week
- C. with the next payroll
Answer: A
NEW QUESTION # 81
Under which type of plans are employee contributions subject to social security and medicare taxes?
- A. 457b only
- B. 403b only
- C. 401k, 403b, and 457b
- D. 401k only
Answer: C
NEW QUESTION # 82
When system generated tools do not agree to batch control totals, what must occur?
- A. delay finding the error until more time is available
- B. continue processing
- C. document the difference and continue processing
- D. finding the cause and correcting the error
Answer: D
NEW QUESTION # 83
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