Which of the following practices is a strong internal control procedure?
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Correct Answer:
D
Explanation
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Q: 2
Which of the following features is LEAST likely to be considered when looking at the security of a
new payroll system?
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Correct Answer:
D
Explanation
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Q: 3
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?
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Correct Answer:
C
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Q: 4
Techniques for conducting periodic physical payouts:
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Correct Answer:
A
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Q: 5
Company deadlines for payroll data input documents are essential for:
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Correct Answer:
A
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Q: 6
Which of the following items represents an input interface to the payroll system?
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Correct Answer:
B
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Q: 7
Which of the following statements is CORRECT regarding a federal tax levy?
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Correct Answer:
D
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Q: 8
A company pays all executives semimonthly. The FLSA requires all other EEs to be paid on:
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Correct Answer:
D
Explanation
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Q: 9
What does it mean if, at the end of an accounting period, a company has a debit balance in a liability
account?
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Correct Answer:
D
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Q: 10
Payroll system user documentation should include:
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Correct Answer:
C
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Q: 11
Documenting payroll policies and procedures will provide all of the following results EXCEPT:
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Correct Answer:
D
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Q: 12
A local national is defined as an EE:
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Correct Answer:
D
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Q: 13
To exhibit good customer service skills, payroll staff must understand and be able to explain:
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Correct Answer:
A
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Q: 14
Which of the following steps is LEAST important during the parallel testing phase of a new payroll
system?
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Correct Answer:
D
Explanation
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Q: 15
To build morale and motivate staff, a manager must: