Online FPC-Remote Questions Video

System needs (A), processes affected (B), and cost of implementation (D) are critical factors in designing a shared services model.

Employee acceptance (C) is valuable but not a primary technical or financial consideration.

References:

Payroll Process Improvement Guidelines (Payroll.org)

A "B" Notice (Backup Withholding Notice)is sent by theIRS when a payee’s taxpayer ID does not match records.

The employer must notify the payee within30 daysto correct their details.

Failure to comply results inbackup withholding of 24%on future payments.

References:

IRS Publication 1281 (Backup Withholding Notices)

Workers’ compensation includes commissions (B) as part of employee earnings.

Gratuities (A) and uniform stipends (D) are usually excluded.

References:

State Workers' Compensation Audit Guidelines