Cpp Certified Payroll Professional Apa Master Exam 2024 With 100% Correct Answers

35) The IRS approved rate for employer provided fuel for 2012 is? A. 5 cents per mile B. 5.5 cents per mile C. 55.5 cents per mile D. 58.5 cents per mile {Ans: B}Standard Payroll System Reports {Ans: Standard reports are already set up within the payroll system and can be generated as required. These include reports on payroll audit, new hires, terminations, compensation changes, benefit costs and vacation. The payroll system user can define the parameters of the report such as limiting information to specific dates, departments and categories.}43) What is the maximum amount of employer provided group term life insurance that can be excluded from an employee's income? A. One times their annual salary B. $2,000 C. $50,000 D. $100,000 {Ans: C}4) Under the common law test, the IRS examiners are to group the evidence they gather into three general types or "categories" Which of the following is not one of them? A. Behavioral control B. Financial control C. Location of work D. Relationship of the parties {Ans: C}2) What amount must an independent contractor be paid for services rendered before an employer is obligated to give them a 1099-MISC? A. Once total reaches