High FPC-Remote Passing Score - FPC-Remote Practice Exam Questions
High FPC-Remote Passing Score - FPC-Remote Practice Exam Questions
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The APA FPC-Remote exam is necessary for you if you want to improve your professional career. APA FPC-Remote exam questions changes from time to time so, it is important to check for updates regularly otherwise you can miss an important thing in the middle of your APA FPC-Remote Questions preparation. After the purchase, you will get FPC-Remote dumps' latest updates for up to 90 days as soon as they are available. If the PDFDumps introduces new updates to FPC-Remote study material within 90 days of your purchase then you will get them free of cost.
The FPC-Remote exam covers a range of topics related to payroll, including calculating gross pay, calculating federal income tax withholding, calculating FICA taxes, understanding payroll laws and regulations, and processing payroll. FPC-Remote exam consists of 150 multiple-choice questions that must be completed within three hours. To pass the exam, individuals must score a minimum of 210 out of 300 points.
APA FPC-Remote Certification Exam is an important credential for payroll professionals. It demonstrates a commitment to the profession, validates knowledge and skills, and can lead to career advancement opportunities. FPC-Remote exam is rigorous but achievable with proper preparation and study.
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APA FPC-Remote (Fundamental Payroll Certification) Certification Exam is a valuable credential that validates the knowledge and skills of payroll professionals. FPC-Remote exam is designed to test the fundamental knowledge and understanding of payroll concepts, laws, and regulations. Fundamental Payroll Certification certification is offered by the American Payroll Association (APA), which is the leading organization for payroll professionals in the United States.
APA Fundamental Payroll Certification Sample Questions (Q140-Q145):
NEW QUESTION # 140
Which form is used by third-party administrators to report sick pay paid on behalf of an employer?
- A. Form 941
- B. Form 8922
- C. Form 1095-B
- D. Form 1099
Answer: B
Explanation:
Comprehensive and Detailed Explanation:Form 8922, Third-Party Sick Pay Recap,is used when athird-party administrator (TPA)payssick payon behalf of an employer and needs toreport taxable wages properly.
* This ensures thatSocial Security, Medicare, and FUTA taxesare correctly allocated between theemployer and third party.
* Sick pay is subject to FICA taxes, butnot always subject to FUTAif paid directly by an insurer.
* Option A (Form 941)is incorrect because it is used forquarterly payroll tax filings.
* Option B (Form 1099)is incorrect becausesick pay is reported on W-2, not 1099.
* Option D (Form 1095-B)is incorrect because it relates tohealth coverage reporting.
Reference:
IRS Form 8922 Instructions - Third-Party Sick Pay Recap
Payroll.org - Sick Pay Taxation Guidelines
NEW QUESTION # 141
Under theCCPA, use the following information to calculate theMAXIMUMdeduction for the child support order for an employee whois not supporting another family and not in arrears.
- A. $116.03
- B. $136.23
- C. $139.23
- D. $113.53
Answer: C
Explanation:
* Step 1: Calculate disposable earnings
* $300.00 - ($45.00 + $18.60 + $4.35) = $232.05
* Step 2: Apply CCPA withholding limit
* 60% of $232.05 = $139.23
References:
* Consumer Credit Protection Act (CCPA) - Federal Child Support Withholding Limits
* Payroll Withholding Compliance Guide (Payroll.org)
NEW QUESTION # 142
An employee has YTD wages in the amount of $250,000.00 and receives a $1,753.00 bonus payment. Using the optional flat rate method, calculate the federal income tax withholding from the bonus payment.
- A. $385.00
- B. $534.63
- C. $647.50
- D. $420.13
Answer: A
Explanation:
Comprehensive and Detailed Explanation:
Under IRS guidelines, supplemental wages such as bonuses are subject to a flat federal tax rate of 22% if paid separately.
Federal Tax Calculation:
$1,753.00 × 22% = $385.66
Rounded to the nearest cent, the closest answer is $385.00.
Thus, the correct answer is A. $385.00.
Reference:
IRS Publication 15-T - Federal Income Tax Withholding Methods
Payroll.org - Supplemental Wage Withholding Rules
NEW QUESTION # 143
Depositors that fail to deposit the entire amount of tax required by the due date, without reasonable cause for the failure, are subject to a failure-to-deposit penalty of 5% of the undeposited amount if it is:
- A. Deposited more than 15 days after the due date.
- B. Deposited within 6-15 days of the due date.
- C. Deposited within 5 days of the due date.
- D. Not paid within 10 days after the employer receives its first IRS delinquency notice.
Answer: B
Explanation:
* The IRS assesses failure-to-deposit penalties based on the length of the delay:
* 1-5 days late: 2% penalty
* 6-15 days late: 5% penalty (Correct Answer)
* More than 15 days: 10% penalty
* After delinquency notice: 15% penalty
References:
* IRS Deposit Penalty Guidelines (Publication 15)
NEW QUESTION # 144
What information is reported to the IRS on Form 1094-C?
- A. Employee FITW
- B. FUTA wages
- C. Basic employer information and number of employees
- D. Payments made to the beneficiary of a deceased employee
Answer: C
Explanation:
* Form 1094-C is used by employers under the Affordable Care Act (ACA) to report employer health coverage information.
* Itincludes basic employer details, employee counts, and ACA compliance data.
* Employee FITW (B), FUTA wages (C), and deceased employee payments (D) are NOT reported on Form 1094-C.
References:
* IRS Form 1094-C Instructions
* ACA Compliance Guidelines (Payroll.org)
NEW QUESTION # 145
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