Important APA FPC-Remote Exam Questions

Answer: D

Explanation:

Payroll account reconciliation ensures all financial data is accurate and balanced.

Payroll register reconciliation (D) is a separate process used for payroll audits, not monthly account reconciliation.

Payroll Reconciliation Procedures (Payroll.org)

IRS Payroll Recordkeeping Guidelines

Answer: B

Explanation:

A 'B' Notice (Backup Withholding Notice) is sent by the IRS when a payee's taxpayer ID does not match records.

The employer must notify the payee within 30 days to correct their details.

Failure to comply results in backup withholding of 24% on future payments.

IRS Publication 1281 (Backup Withholding Notices)

Answer: B

Explanation:

Comprehensive and Detailed Explanation:

According to Form I-9, Employment Eligibility Verification, an unexpired U.S. passport is a List A document that establishes both an employee's identity and work authorization.

A Social Security card (Option A) is a List C document, which only proves employment authorization but not identity.

A Voter's Registration Card (Option C) is not an acceptable I-9 document for identity or work authorization.

A Driver's License (Option D) is a List B document, which only proves identity but not employment eligibility.

Answer: D

Explanation:

The federal minimum wage is $7.25 per hour.

A state's minimum wage is $0.60 higher, so $7.25 + $0.60 = $7.85.

FLSA requires the higher of state or federal minimum wage.

FLSA Minimum Wage Provisions (Department of Labor)

Answer: B

Explanation:

Wage assignments are voluntary deductions authorized by employees for things like loan payments or union dues.

Garnishments, wage attachments, and medical support orders are court-mandated deductions, making them involuntary.

IRS Publication 15 (Employer's Tax Guide)

Payroll Deduction Compliance Guide (Payroll.org)