CPP Certified Payroll Professional APA Questions and Answers

CPP Certified Payroll Professional
APA Questions and Answers
FormMSS-8M-
MAnswerMDeterminationMofMWorkerMStatusMforMPurposesMofMFederalMEmploymentMTaxe
sMandMIncomeMTaxMWithholding



FormMW-9M-
MAnswerMFirst,MitMisMusedMbyMthirdMpartiesMtoMcollectMidentifyingMinformationMtoMhel
pMfileMinformationMreturnsMwithMtheMIRS.



TheMformMisMneverMactuallyMsentMtoMtheMIRS,MbutMisMmaintainedMbyMtheMpersonMwh
oMfilesMtheMinformationMreturnMforMverificationMpurposes.M



TheMinformationMonMtheMFormMW-
9MandMtheMpaymentMmadeMareMreportedMonMaMFormM1099.



TheMsecondMpurposeMisMtoMhelpMtheMpayeeMavoidMbackupMwithholding.MTheMpayerMm
ustMcollectMwithholdingMtaxesMonMcertainMreportableMpaymentsMforMtheMIRS.MHowever,
MifMtheMpayeeMcertifiesMonMtheMW-
9MtheyMareMnotMsubjectMtoMbackupMwithholdingMtheyMgenerallyMreceiveMtheMfullMpay
mentMdueMthemMfromMtheMpayer.MThisMisMsimilarMtoMtheMwithholdingMexemptionsMcer
tificationsMfoundMonMFormMW-4MforMemployees.



FormMSS-5M-MAnswerMApplyMforManMoriginalMSocialMSecurityMcard

ApplyMforMaMreplacementMSocialMSecurityMcard

ChangeMorMcorrectMinformationMonMyourMSocialMSecurityMnumberMrecord



FormMSS-4M-MAnswerMApplicationMforMEmployerMIdentificationMNumberM(EIN)



AccountingMequationM(BalanceMSheet)M-MAnswerMAssetsM=MLiabilitiesM+MCapital

AssetsM-MLiabilitiesM=M(Shareholders'MorMOwners'MEquity)



AssetM(DebitMorMCreditMNormalMBalance?)M-MAnswerMDebit

,ExpenseM(DebitMorMCreditMNormalMBalance?)M-MAnswerMDebit



LiabilityM(DebitMorMCreditMNormalMBalance?)M-MAnswerMCredit



CapitalM(DebitMorMCreditMNormalMBalance?)M-MAnswerMCredit



OwnersMEquityM(DebitMorMCreditMNormalMBalance?)M-MAnswerMCredit



RevenueM(DebitMorMCreditMNormalMBalance?)M-MAnswerMCredit



SupportiveMCommunicationM-
MAnswerMSupportiveMcommunicationMisMaMstyleMofMcommunicatingMthatMhasMaMspecific
MsetMofMgoalsMandMtechniques.MTheMprimaryMgoalMofMsupportiveMcommunicationMisMto
MresolveMconflictMorMachieveMchangeMinMaMsituationMwhileMpreserving,MevenMstrengthe
ning,MtheMrelationshipMbetweenMtheMcommunicatingMindividuals.MThisMstyleMofMcommuni
cationMisMusedMinMmanyMtypesMofMinterpersonalMinteractions,MsuchMasMthoseMincluding
MaMpowerMdifferential,MasMisMfoundMbetweenMmanagerMandMemployee,MteacherMandMs
tudent,MorMparentMandMchild.MItMisMalsoMeffectiveMwhenMusedMbetweenMthoseMwithM
moreMequalMpower,MsuchMasMspouses,MbusinessMpartnersMandMfriends.MLearningMthese
MtechniquesMcanMresultMinMmoreMeffectiveMcommunication.



StandardMPayrollMSystemMReportsM-
MAnswerMStandardMreportsMareMalreadyMsetMupMwithinMtheMpayrollMsystemMandMcanM
beMgeneratedMasMrequired.MTheseMincludeMreportsMonMpayrollMaudit,MnewMhires,Mtermi
nations,McompensationMchanges,MbenefitMcostsMandMvacation.MTheMpayrollMsystemMuser
McanMdefineMtheMparametersMofMtheMreportMsuchMasMlimitingMinformationMtoMspecific
Mdates,MdepartmentsMandMcategories.



MinMWageMwithMTipsM-
MAnswerMTheMFairMLaborMStandardsMActM(FLSA)MrequiresMpaymentMofMatMleastMtheMfe
deralMminimumMwageMtoMcovered,MnonexemptMemployees.MAnMemployerMofMaMtipped
MemployeeMisMonlyMrequiredMtoMpayM$2.13ManMhourMinMdirectMwagesMifMthatMamoun
tMplusMtheMtipsMreceivedMequalsMatMleastMtheMfederalMminimumMwage,MtheMemployee
MretainsMallMtipsMandMtheMemployeeMcustomarilyMandMregularlyMreceivesMmoreMthanM$
30MaMmonthMinMtips.MIfManMemployee'sMtipsMcombinedMwithMtheMemployer'sMdirectM
wagesMofMatMleastM$2.13ManMhourMdoMnotMequalMtheMfederalMminimumMhourlyMwage
,MtheMemployerMmustMmakeMupMtheMdifference.M

, SomeMstatesMhaveMminimumMwageMlawsMspecificMtoMtippedMemployees.MWhenManMem
ployeeMisMsubjectMtoMbothMtheMfederalMandMstateMwageMlaws,MtheMemployeeMisMentit
ledMtoMtheMprovisionsMwhichMprovidesMtheMgreaterMbenefits.



EscheatMlawsM-
MAnswerMReferMtoMunclaimedMpropertyMobligations.MCompaniesMwhoMissueMchecks-
forMwages,Mpayroll,MemployeeMcommissions,MreturnableMgarnishments,MdeferredMcompens
ation,MpayrollMservicesMorMbonuseshaveMaMpotentialM(andMprobable)MunclaimedMproperty
Mobligation.



ScheduleMDM(FormM941)M-
MAnswerMtoMexplainMcertainMdiscrepanciesM(causedMbyMacquisitions,MstatutoryMmergers,
MandMconsolidations)MbetweenMFormsMW-
2,MWageMandMTaxMStatementM(CopyMA),MandMFormsM941,MEmployer'sMQUARTERLYMFed
eralMTaxMReturn,MforMtheMtotalsMofMsocialMsecurityMwages,MMedicareMwagesMandMtips,
MsocialMsecurityMtips,MfederalMincomeMtaxMwithheld,MandMadvanceMearnedMincomeMcred
itM(EIC)Mpayments



WorkweekMforM14MandM15-year-oldsM-
MAnswerMOutsideMschoolMhours,MandMonMschoolMdaysMincludingMFridays,MnoMmoreMtha
nM3Mhours.

NoMmoreMthanM8MhoursMonMaMnon-schoolMday.

WhenMschoolMisMinMsession,MnoMmoreMthanM18MhoursMperMweek.

NoMmoreMthanM40MhoursMduringMaMweekMwhenMschoolMisMout.

BetweenMtheMhoursMofM7Ma.m.MAndM7Mp.m,MextendedMtoM9Mp.m.MBetweenMJuneM1
MandMLaborMDay.



1)MWhichMformMisMusedMforMDeterminationMofMEmployeeMWorkMStatusMforMPurposesM
ofMFederalMEmploymentMTaxesMandMIncomeMTaxMWithholding?M

A.MFormMI-9M

B.MFormMSS-4M

C.MFormMSS-5M

D.MFormMSS-8M-MAnswerMD



2)MWhatMamountMmustManMindependentMcontractorMbeMpaidMforMservicesMrenderedMbe
foreManMemployerMisMobligatedMtoMgiveMthemMaM1099-MISC?M

A.MOnceMtotalMreachesM$600MorMmoreM