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CPP-Remote Exam Dumps : Certified Payroll Professional

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Certified Payroll Professional Questions and Answers

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Question 1

Under FLSA, how many hours must be paid at the overtime rate of pay for the following biweekly period assuming the employer is a hospital qualified under the special provisions of the FLSA?

 

Options:

A.

8

B.

4

C.

15

D.

14

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Question 2

An employer that deposits payroll taxes semiweekly incurs a tax liability of $55,000 on Tuesday and a liability of $110,000 on Wednesday. When should the taxes be deposited?

Options:

A.

$110,000 on Thursday and $55,000 on Friday

B.

$165,000 on Thursday

C.

$55,000 on Thursday and $110,000 on Friday

D.

$55,000 on Friday and $110,000 on the next Wednesday

Question 3

One reason many companies use a Zero Balance checking account is that:

Options:

A.

funds do not have to be deposited until the employee cashes the check

B.

the company receives interest on the account

C.

cash is available for investment until items are presented for payment at the company's bank

D.

bank reconciliations are not required

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