Online Access Free FPC-Remote Practice Test

A mechanism which facilitates local tax withholding for an employee who is working abroad, but remains on the home country's payroll system and is paid under a tax equalization plan, is called a(n):

• A.Supplemental Payroll
• B.Off-Cycle Payroll
• C.Certified Payroll
• D.Shadow Payroll

When an employer allocates tips, which of the following statements is TRUE?

• A.Report the allocated amount on the employee's Form W-2
• B.No allocation is made for any reported tips
• C.Allocated tips are subject to federal income tax withholding
• D.The employer is not liable for amounts incorrectly allocated

Which of the following forms is used by an employer to file an annual return of withheld FIT from nonwage payments?

• A.Form 941
• B.Form 944
• C.Form 945
• D.Form 940

When testing a payroll business continuity plan, all of the following tasks are critical to issuing payments to employees EXCEPT:

• A.Creating the ACH file.
• B.Adding a new cost center.
• C.Validating system access.
• D.Printing paychecks.

Using the following schedule for an employee who earns $9.00 per hour, calculate the overtime premium required under the FLSA.

• A.$0.00
• B.$4.50
• C.$13.50
• D.$9.00