Question 1

Which of the following elements is essential to a disaster recovery plan?

Options :

A : an excess supply of checks and direct deposit stubs

B : a compatible off-site remote location to produce payrolls

C : detailed documentation of current company policies

D : a procedure for limiting security system access

Answer: A

Question 2

To exhibit good customer service skills, payroll staff must understand and be able to explain:

Options :

A : payroll forms

B : benefits enrollment techniques

C : systems design decisions

D : strategic departmental direction

Answer: A

Question 3

Which of the following practices is a strong internal control procedure?

Options :

A : Have the payroll bank account reconciled in the payroll dept.

B :

Have the payroll manager distribute paychecks.

C : Place payroll checks under the personal control of the payroll manager.

D : Have a person other than the person who requested and authorized the payments prepare the payroll checks.

Answer: D

Question 4

Which of the following forms may be submitted to the IRS in order to receive a written determination of a worker's status as an EE or independent contractor?

Options :

A : Form W-5

B : Form SS-5

C : Form SS-8

D : Form W-9

Answer: C

Question 5

ERs in non-credit reduction states that pay their state unemployment taxes on time can deduct up to what percentage from the full FUTA tax rate in calculating their FUTA tax payments?

Options :

A : 0.6%

B : 4.5%

C : 5.4%

D : 6.0%

Answer: C