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APA Updated FPC-Remote Exam Questions and Answers by amora

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APA FPC-Remote Exam Overview :

Exam Name: Fundamental Payroll Certification
Exam Code: FPC-Remote Dumps
Vendor: APA Certification: APA Certification
Questions: 133 Q&A's Shared By: amora
Question 12

The owners of a company want to set up a retirement program for themselves, but do not want to make contributions on behalf of their employees. all of their employees are under age 30. What can they do?

Options:

A.

establish only a 401k plan that restricts eligibility to employees over age 30.

B.

set up nonqualified deferred compensation plan only

C.

establish only a 401k plan that restricts eligibility to employees over age 30, and set up a nonqualified deferred compensation plan.

D.

establish a 403b plan for all employees

Discussion
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Question 13

Accounting data beings with a transaction. this information is first posted:

Options:

A.

on the income statement

B.

in the general ledger

C.

in the chart of accounts

D.

in the journal

Discussion
Question 14

Payroll documentation accomplishes all of the following EXCEPT:

Options:

A.

provide uniformity

B.

simplify training

C.

ensure procedures are followed

D.

provide a reference tool

Discussion
Question 15

A semiweekly depositor has a liability of $79,000 from Weds payday and a liability of $50,000 from Friday's payday. The deposit is due by the:

Options:

A.

next monday

B.

next weds

C.

next friday

D.

15th of the month

Discussion
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