APA FPC-Remote Exam Questions - Navigate Your Path to Success

The APA Fundamental Payroll Certification Exam (FPC-Remote) exam is a good choice for Payroll Specialists Compliance Analysts and if the candidate manages to pass APA Fundamental Payroll Certification Exam, he/she will earn APA Fundamental Payroll Certification. Below are some essential facts for APA FPC-Remote exam candidates:

TrendyCerts offers 162 Questions that are based on actual APA FPC-Remote syllabus.
Our APA FPC-Remote Exam Practice Questions were last updated on: Apr 14, 2025

Sample Questions for APA FPC-Remote Exam Preparation

Question 1

Which of the following awards are included in an employee's taxable income?

AA $5.00 restaurant gift card

BA coupon for a free holiday turkey

CA wearable fitness tracker for a safety award

DAn engraved clock, valued at $100.00, to celebrate an employee's retirement

Correct : A

Cash equivalents, such as gift cards (A), are always taxable income.

Nominal gifts (B, C, D) are generally tax-exempt under de minimis rules.

IRS Publication 15-B (Taxable Fringe Benefits)

Options Selected by Other Users:

Question 2

IRS regulations require employers to take all of the following actions for taxable noncash awards EXCEPT:

AGross up the value of the award

BTax the value of the award when received

CRecognize the value of the award as a business expense

DInclude the value of the award on Form W-2 in Boxes 1, 3, and 5

Correct : A

Employers are not required to 'gross up' (A) taxable awards unless they choose to cover the employee's tax liability.

The IRS mandates taxation and W-2 reporting (B, C, D).

IRS Publication 15-B