1|Page
THE PAYROLL SOURCE CPP FINAL EXAM (VERSION
B) LATEST 2025/2026 ACTUAL EXAM WITH
COMPLETE QUESTIONS AND CORRECT DETAILED
ANSWERS (100% VERIFIED ANSWERS) WITH
RATIONALES |ALREADY GRADED A+| ||PROFESSOR
VERIFIED|| ||LATEST EXAM!!!||
1. Which of the following features is LEAST likely to be
considered when looking at the security of a new payroll
system? - Answer-d. system edits
12.5-3
2. Company deadlines for payroll data input documents
are essential for:
a. timely processing of the payroll
b. accurate entry of data
c. guaranteeing that all information is processed
d. adequate auditing purposes - Answer-a. timely
processing of the payroll
3. An employee earns $9 per hour and an additional 10
cents per hour for hours worked after 7:00 p.m. If an
employee works from 2:00 p.m. to 11:00 p.m., with an
,2|Page
unpaid meal break from 6:00 p.m. to 7:00 p.m., Monday
through Friday, what is the employee's weekly gross pay
under the Fair Labor Standards Act?
a. $360
b. $361
c. $362
d. $364 - Answer-c. $362
2.6
4. The BEST reason for tracking pay-related problem
statistics is to enable Payroll to:
a. identify root causes and take actions to prevent similar
recurrences
b. apologize to clients in a more professional manner
c. direct problems to those who caused the problem
d. justify more resources to handle more problems -
Answer-a. identify root causes and take actions to prevent
similar recurrences
13.2-4
5. With regard to employees' reported tips, the employer
must:
,3|Page
a. withhold and pay only the employees' portion of social
security and Medicare taxes on tips
b. report taxes on tips separately when making an
employment tax deposit
c. report tips as wages on Form W-2 and pay the employer
portion of social security and Medicare taxes
d. report and pay the employer portion of social security
and Medicare taxes on the portion of cash tips above the
federal minimum wage - Answer-c. report tips as wages on
Form W-2 and pay the employer portion of social security
and Medicare taxes
3.4-27
6. Transactions are recorded in chronological order into
books of original entry called:
a. registers
b. vouchers
c. invoices
d. journals - Answer-d. journals / je
11.2
, 4|Page
7. The KEY advantage of using an automated time and
attendance system is that it:
a. identifies phantom employees
b. reduces errors
c. interfaces with the payroll system
d. frees supervisors from having to review hours - Answer-
b. reduces errors
12.7
8. As part of the implementation of a new payroll system,
all transactions from the most recent actual payroll are
processed in the new system prior to using the system to
run payrolls. This is an example of what type of testing?
a. compliance
b. back-up
c. ongoing
d. parallel - Answer-d. parallel
12.4-5
9. To exhibit good customer service skills, payroll staff
must understand and be able to explain:
a. payroll forms
THE PAYROLL SOURCE CPP FINAL EXAM (VERSION
B) LATEST 2025/2026 ACTUAL EXAM WITH
COMPLETE QUESTIONS AND CORRECT DETAILED
ANSWERS (100% VERIFIED ANSWERS) WITH
RATIONALES |ALREADY GRADED A+| ||PROFESSOR
VERIFIED|| ||LATEST EXAM!!!||
1. Which of the following features is LEAST likely to be
considered when looking at the security of a new payroll
system? - Answer-d. system edits
12.5-3
2. Company deadlines for payroll data input documents
are essential for:
a. timely processing of the payroll
b. accurate entry of data
c. guaranteeing that all information is processed
d. adequate auditing purposes - Answer-a. timely
processing of the payroll
3. An employee earns $9 per hour and an additional 10
cents per hour for hours worked after 7:00 p.m. If an
employee works from 2:00 p.m. to 11:00 p.m., with an
,2|Page
unpaid meal break from 6:00 p.m. to 7:00 p.m., Monday
through Friday, what is the employee's weekly gross pay
under the Fair Labor Standards Act?
a. $360
b. $361
c. $362
d. $364 - Answer-c. $362
2.6
4. The BEST reason for tracking pay-related problem
statistics is to enable Payroll to:
a. identify root causes and take actions to prevent similar
recurrences
b. apologize to clients in a more professional manner
c. direct problems to those who caused the problem
d. justify more resources to handle more problems -
Answer-a. identify root causes and take actions to prevent
similar recurrences
13.2-4
5. With regard to employees' reported tips, the employer
must:
,3|Page
a. withhold and pay only the employees' portion of social
security and Medicare taxes on tips
b. report taxes on tips separately when making an
employment tax deposit
c. report tips as wages on Form W-2 and pay the employer
portion of social security and Medicare taxes
d. report and pay the employer portion of social security
and Medicare taxes on the portion of cash tips above the
federal minimum wage - Answer-c. report tips as wages on
Form W-2 and pay the employer portion of social security
and Medicare taxes
3.4-27
6. Transactions are recorded in chronological order into
books of original entry called:
a. registers
b. vouchers
c. invoices
d. journals - Answer-d. journals / je
11.2
, 4|Page
7. The KEY advantage of using an automated time and
attendance system is that it:
a. identifies phantom employees
b. reduces errors
c. interfaces with the payroll system
d. frees supervisors from having to review hours - Answer-
b. reduces errors
12.7
8. As part of the implementation of a new payroll system,
all transactions from the most recent actual payroll are
processed in the new system prior to using the system to
run payrolls. This is an example of what type of testing?
a. compliance
b. back-up
c. ongoing
d. parallel - Answer-d. parallel
12.4-5
9. To exhibit good customer service skills, payroll staff
must understand and be able to explain:
a. payroll forms
