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Achieving the APA CPP-Remote Certification is a significant accomplishment for any payroll professional. It not only enhances their skills and knowledge but also demonstrates their commitment to the payroll profession. Certified Payroll Professional certification is widely recognized by employers, and it can lead to career advancement opportunities and higher salaries.
To be eligible for the CPP-Remote exam, candidates must meet certain criteria, such as having at least three years of experience in payroll, completing a specific number of hours of payroll education, and being a member of the APA. CPP-Remote Exam is offered online and can be taken from anywhere in the world. Once certified, individuals are required to maintain their certification by completing continuing education credits and staying up-to-date with changes and developments in the payroll industry. Overall, the APA CPP-Remote exam is an excellent opportunity for payroll professionals to enhance their skills and knowledge and demonstrate their commitment to their profession.
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APA Certified Payroll Professional Sample Questions (Q27-Q32):
NEW QUESTION # 27
Each month ABC Company records the amount of after-tax long-term disability (LTD) insurance purchased by its employees who elected to purchase this insurance. The deduction is equal to the cost of the insurance. In the month following the deduction, the insurance company invoices ABC Company. ABC then pays the invoice. At the end of April, the balance in the LTD general ledger liability account is $438.40. What does this balance represent?
- A. Amounts deducted from employees who have terminated employment
- B. Amounts paid to the insurance company
- C. Amounts that have been deducted but not paid to the insurance company
- D. Over-payments to the insurance company
Answer: C
NEW QUESTION # 28
When writing reports detailing payroll developments for senior management, all of the following factors should be considered EXCEPT:
- A. summarizing non-vital but related data elements for context.
- B. using payroll-specific terminology.
- C. providing the report timely for decision making.
- D. writing clearly and being brief whenever possible.
Answer: A
Explanation:
Comprehensive and Detailed in-Depth Explanation:
Effective reporting to senior management requires clarity, brevity, timeliness, and the use of appropriate terminology. Including non-essential data can obscure key messages and reduce the report's effectiveness.
Therefore, the correct answer is A. summarizing non-vital but related data elements for context.
NEW QUESTION # 29
When the state does not allow workers' compensation converge through a private insurance carrier, this is referred to as a:
- A. Public fund state
- B. National council state
- C. Monopolistic state
- D. Competitive state
Answer: C
NEW QUESTION # 30
Forecasting the costs and revenues associated with projects is BEST described as:
- A. Financial analysis
- B. Cost accounting
- C. Accrual accounting
- D. Budget planning
Answer: B
Explanation:
Cost accountingis used to track, record, and analyze costs associated with the products or services a company provides. It includes forecasting project costs and revenues. It's distinct from general financial accounting and focuses on internal decision-making.
NEW QUESTION # 31
Which of the following forms pertains to a merger or acquisition?
- A. Schedule A
- B. Schedule B
- C. Schedule D
- D. Schedule M
Answer: C
NEW QUESTION # 32
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