CPP Industry Standards Flashcards
7 cards from real CPP practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 CPP Industry Standards flashcards as text
According to the APA's best practices, what is the recommended maximum number of days after a pay period ends that employers should issue paychecks?
Answer: 5 days
The APA recommends paychecks be issued within 5 business days after the pay period ends as a best practice standard.
Which industry standard body publishes the 'Guide to Global Payroll Management' used by CPP candidates and practitioners?
Answer: APA
The American Payroll Association (APA) publishes the Guide to Global Payroll Management, a key reference for international payroll standards.
Under the FLSA record-keeping standard, how long must employers retain payroll records for non-exempt employees?
Answer: 3 years
The FLSA requires payroll records for non-exempt employees to be retained for a minimum of 3 years.
Which payroll industry standard addresses the secure transmission of ACH direct deposit files between employers and financial institutions?
Answer: NACHA Operating Rules
NACHA Operating Rules govern the secure transmission, formatting, and processing of ACH files including direct deposit transactions.
The APA's PayrollOrg Code of Ethics requires CPP holders to handle confidential payroll data with what primary obligation?
Answer: Confidentiality and discretion
The APA Code of Ethics obligates CPP holders to maintain confidentiality and exercise discretion when handling sensitive payroll and employee data.
In payroll industry practice, what does the term 'parallel processing' refer to during a system conversion?
Answer: Running two payroll cycles simultaneously for comparison
Parallel processing means running the old and new payroll systems simultaneously for the same pay period to compare results before full cutover.
Which standard requires payroll departments to maintain a documented disaster recovery plan for payroll continuity?
Answer: APA Best Practices
The APA Best Practices guidelines recommend that payroll departments maintain documented disaster recovery and business continuity plans.