Question 1

To reconcile a general ledger tax liability account balance, verify all of the following items EXCEPT:

Options :

A : Entries from company accountants

B : Checks issued by accounts payable

C : Account entries against the payroll register

D : Account activity against the quarterly returns

Answer: A

Question 2

Documentation on legislative changes to Forms W-2 and W-3 is initiated by which of the following organizations?

Options :

A : IRS

B : OCSS

C : SSA

D : USCIS

Answer: A

Question 3

Payroll standard operating procedures should be updated no less frequently than:

Options :

A : Annually

B : Quarterly

C : When revising workflow

D : When management changes

Answer: C

Question 4

All of the following statements about the implementation of department processes are true EXCEPT:

Options :

A : Each team member has a clear and concise assignment.

B : A backup manager is identified and participating in the project.

C : The standards for measuring success must be clear and specific.

D : Managers who delegate properly have less time to focus on work.

Answer: D

Question 5

An employee receives a total of $200.10 in cash tips in July. Determine the latest date the employee MUST report tip income to the employer.

Options :

A : August 10

B : September 10

C : September 30

D : December 31

Answer: A