CPP Practice Exam 1-20
Which of the following features is LEAST likely to be considered when looking at the security of
a new payroll system? correct answer System Edits
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 correct answer Timely processing of the payroll
An employee earns $9 per hour and an additional 10 cents per hour for hours worked after
7pm. If an employee works from 2-11pm, with an unpaid meal break from 6-7pm Monday
through Friday, what is the employees weekly gross pay under the Fair Labor and Standards
Act? correct answer $362
(40 x $9) + (20 x $00.10) = $362
The BEST reason for tracking pay related problem statistics is to enable payroll to: correct
answer Identify root causes and and take actions to prevent similar recurrences.
With regard to employees' reported tips, the employer must: correct answer Report tips as
wages on Form W-2 and pay the employer portion of social security and Medicare taxes.
Transactions are recorded in chronological order into books of original entry called: correct
answer Journals
The KEY advantage in using an automated time and attendance system is that of: correct
answer Reduces Errors
