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CPP-Remote Exam Dumps : Certified Payroll Professional

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Certified Payroll Professional Questions and Answers

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Question 1

What does it mean if, at the end of an accounting period, a company has a debit balance in a liability account?

Options:

A.

The company has not yet paid the third party

B.

The company has withheld too much from the employee

C.

The company has paid to a third party more than was withheld from the employee

D.

The company has under-deposited taxes withheld from employee wages

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Question 2

Portability describes the attribute of software to:

Options:

A.

Print output in duplex

B.

Use telephone lines to communicate between physical locations

C.

Use video and audio

D.

Execute on other platforms without application code modifications

Question 3

Which of the following would NOT be defined as a tax-deferred benefit?

Options:

A.

Non qualified plan contributions

B.

403(b) pretax contributions

C.

401(k) pretax contributions

D.

125 pretax contributions

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