Payroll Discussion about the Question about the CPP exam and various important topics, studies, strategies, and general notes are discussed here.
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Question about CPP exam
What kind of information is provided to us when taking the exam? For example: working on a practice test problem regarding percentage method withholding, and it basically tells me to calculate the net amount of an employee’s payroll based on their W4 choices. My understanding is that this requires using a formula table to calculate the FITW (and also FICA). Does the CPP exam expect us to have these tables memorized? Or will they provide all the information we need?
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This thread was originally published on 2021-03-31 14:08:12.
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You do not have to memorize tables. You will be provided with several charts that you may or may not need (such as GTL rates and lease values). With your example of the FIT calculation, you will have the tables for that as well. I can assure you that I would never have passed if I would have had to memorize all of that! 😃
All of the tables you need are provided. Use Paytrain self-study and you will pass.