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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

Which of the following best represents compliance under Section 404 of Sarbanes Oxley?

Options:

A.

Payroll transactions are reviewed by internal audit

B.

Service provider initiates all pay transactions

C.

Accruals entries are made by the payroll staff

D.

Benefits enrollment data is maintained by authorized personnel

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Question 2

Under the federal requirements, a restaurant establish me with 10 or more employees is required to report allocated tips if reported tips are less than what percentage of gross receipts?

Options:

A.

25%

B.

10%

C.

8%

D.

6%

Question 3

Under the existing NACHA rules, amounts transmitted to the RDFI by 5:00 p.m. the day before payday must be posted to employees' accounts no later than:

Options:

A.

The evening before payday

B.

The end of the business day on payday

C.

The opening of the business day on payday

D.

Two days before payday

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