APA Exam CPP-Remote Topic 9 Question 59 Discussion

Actual exam question for APA's CPP-Remote exam

Question #: 59
Topic #: 9

An ER may exclude a business expense reimbursement from income when the EE's expenses meet which of the following requirements?

AReimbursements are made with regular payroll.

BExpenses are substantiated and excess advances are returned timely

CExpenses are business-related, substantiated, and excess advances are retained for future travel.

DExpenses are business-related, substantiated, and excess advances are returned timely.

Show Suggested Answer

Suggested Answer: D

by Providencia at Sep 19, 2024, 06:27 PM

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Sherrell

29 days ago

Wait, there's an 'ER' in this question? Is this some kind of medical exam? I thought we were talking about expenses, not emergency rooms! Guess I need to brush up on my tax lingo.

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Serita

30 days ago

This is a no-brainer! Obviously, the answer is option D. Who would even consider keeping excess advances? That's just asking for trouble, am I right?

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2 months ago

I think option B is the correct answer. It's important to substantiate expenses and return any excess advances in a timely manner.

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Frederica

3 days ago

Yes, substantiating expenses and returning excess advances timely is crucial for compliance.

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Frederica

6 days ago

I agree, option B seems to be the most logical choice.

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Mozelle

2 months ago

I agree with Emelda, C makes more sense because it includes retaining excess advances for future travel.

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Emelda

2 months ago

I disagree, I believe the answer is C.

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Lashawna

3 months ago

I think the answer is B.

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