Practice Test Geeks(CPS) Certified Payroll Specialist Practice Test
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Regulatory Compliance & Standards Flashcards

7 cards from real CPS practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Regulatory Compliance & Standards flashcards as text

  1. Under the Portal-to-Portal Act, which activity is generally NOT compensable?

    Answer: Commuting from home to the first worksite

    The Portal-to-Portal Act excludes ordinary home-to-work commuting time from compensable hours under the FLSA.

  2. Which IRS form must employers file annually to report FUTA tax liability?

    Answer: Form 940

    Form 940 is the Employer's Annual Federal Unemployment (FUTA) Tax Return, filed once per year.

  3. An employee's wages are subject to garnishment. Under Title III of the Consumer Credit Protection Act, the maximum weekly garnishment for non-child-support debts is limited to the lesser of 25% of disposable earnings or the amount by which disposable earnings exceed how many times the federal minimum wage?

    Answer: 30 times

    Title III caps garnishment at the lesser of 25% of disposable earnings or the amount exceeding 30 times the federal minimum wage.

  4. Under ERISA, what is the maximum number of days after the close of a plan year that a Summary Annual Report (SAR) must be distributed to participants?

    Answer: 90 days

    The SAR must be furnished to participants within 9 months after the close of the plan year, but if filing an extension the SAR is due within 2 months after the extended due date — generally 9 months equals approximately 270 days, but the standard rule is 9 months; however the distribution deadline after the Form 5500 due date is 2 months, which is roughly 60 days after the 7-month extended deadline.

  5. Which agency enforces the Employee Polygraph Protection Act (EPPA)?

    Answer: Department of Labor Wage and Hour Division

    The Wage and Hour Division of the Department of Labor enforces the EPPA, which generally prohibits employers from requiring lie detector tests.

  6. What is the current Social Security wage base threshold for 2024?

    Answer: $168,600

    The Social Security taxable wage base for 2024 is $168,600; earnings above this amount are not subject to the 6.2% Social Security tax.

  7. Under the Uniform Services Employment and Reemployment Rights Act (USERRA), how long must an employer hold a job for an employee on military leave lasting more than 180 days?

    Answer: 5 years

    USERRA requires reemployment rights for up to 5 years of cumulative military service, after which the employee must apply for reemployment within specified timeframes.