Online Access Free CPP-Remote Exam Questions

The purpose of a payroll accrual entry is to post:

• A.actual revenue.
• B.estimated assets.
• C.actual liabilities.
• D.estimated expenses.

An employer who improperly classifies a worker's status as an independent contractor may be subject to penalties assessed by the:

• A.FTC
• B.IRS
• C.ICE
• D.DOL

Which of the following resources contains the tax laws passed by Congress and signed by the President?

• A.Internal Revenue Code
• B.Internal Revenue Bulletin
• C.IRS Regulations
• D.IRS Revenue Procedures

Under the ACA, an employer can determine affordable coverage by using all of the following safe harbors EXCEPT the:

• A.Rate of pay
• B.Federal poverty line
• C.Form W-2 wages
• D.98% Offer Method

Under the FLSA, an exempt status is determined by all of the following criteria EXCEPT the employee's:

• A.Weekly salary
• B.Primary job duties
• C.Level of discretionary authority
• D.Job title