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APA FPC Test Prep & Practice Questions - Topics



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Understanding what is on the APA Fundamental Payroll Certification exam is crucial step in preparing for the exam. You will need to have an understanding of the testing domain (topics covered) to be sure you are studying the correct information.

  • Directs your study efforts toward the most relevant areas.
  • Ensures efficient and adequate preparation.
  • Helps identify strengths and weaknesses.
  • Allows for a focused approach to address gaps in understanding.
  • Aligns your preparation with the exam's expectations.
  • Increases the likelihood of success.
  • Keeps you informed about your field's current demands and standards.
There is no doubt that this is a strategic step in achieving certification and advancing your career.

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Understanding the exact breakdown of the APA Fundamental Payroll Certification (FPC) test will help you know what to expect and how to most effectively prepare. The APA Fundamental Payroll Certification (FPC) has 125 multiple-choice questions The exam will be broken down into the sections below:

APA Fundamental Payroll Certification (FPC) Exam Blueprint
Domain Name % Number of
Questions
Core Payroll Concepts 29% 36
     Worker Status
     Fair Labor Standards Act
     Employment Taxes
     Employee Benefits
     Employee/Employer Forms
     Professional Responsibility
     Methods and Timing of Pay
Compliance/Research and Resources. 17% 21
     Escheatment
     Legislative and Regulatory Requirements
     Reporting
     Record Retention
     Penalties
     Global
Calculation of the Paycheck 24% 30
     Compensation/Benefits
     Fringe Benefits
     Involuntary Deductions/Taxes
     Voluntary Deductions
     Employer Taxes and Contributions
     Total Payroll
Payroll Process and Supporting Systems and Administration. 07% 9
     Maintain Master File Components
     Concepts and Functionalities
     Business Continuity Plan
Payroll Administration and Management 07% 9
     Policies and Procedures
     Intradepartmental Agreements
     Customer Service and Communication
Audits 08% 10
     Internal Controls
     Payroll System Controls
     Accounting System Controls
     Audit Policies and Procedures
Accounting 08% 10
     Financial Reporting
     Accounting Principles
     Payroll Journal Entry
     Account Reconciliation


APA Fundamental Payroll Certification (FPC) - Exam Topics Sample Questions

What is the social security withholding rate?





Correct Answer:
6.2%


the social security withholding rate refers to the percentage of an employee's income that is withheld by the employer and contributed towards the social security program. as of the latest update, this rate is 6.2% for employees. employers also contribute an additional 6.2%, making the total social security tax 12.4%. this tax is part of the federal insurance contributions act (fica) tax, and it funds the social security program, which provides retirement benefits, disability benefits, and survivors' benefits.

it's important to note that the 6.2% withholding rate applies only up to the social security wage base limit set by the government, which changes every year based on national wage trends. income earned above this limit is not subject to social security taxes.

in addition to the payroll withholding, individuals receiving social security benefits have the option to have federal income tax withheld from their payments. this is managed by submitting a form w-4v, the voluntary withholding request. here, beneficiaries can choose to have a percentage of their monthly benefit withheld for taxes. the available choices are 7%, 10%, 15%, or 25%. this withholding is separate from the social security tax and pertains instead to federal income taxes that beneficiaries might owe on their social security benefits, depending on their total income and tax situation.