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National Payroll Institute PF1 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| New Employee Information | - Employee setup and documentation
|
| Year-End Processing | - Federal and provincial year-end reporting
|
| Workers’ Compensation | - Workers compensation administration
|
| Non-Statutory Deductions | - Voluntary deductions
|
| Employment Income – Regular Earnings | - Regular payroll calculations
|
| Record of Employment | - ROE processing
|
| Provincial Remittances | - Provincial payroll requirements
|
| Commission Payments | - Commission payroll processing
|
| Payroll Accounting | - Payroll accounting practices
|
| Employment Income – Allowances, Expenses and Benefits | - Taxable and non-taxable benefits
|
| Termination of Employment | - Termination processing
|
| Federal Remittances | - Government remittance obligations
|
| Non-Regular Payments | - Special payroll payments
|
National Payroll Institute Payroll Fundamentals 1Exam Sample Questions:
1. A retiring allowance includes:
A) None of the above
B) Accumulated overtime
C) Legislated wages in lieu of notice in Quebec
D) Bonus or incentive pay
E) Vacation pay
2. Expense reimbursements are:
A) Dollar amounts paid to employees for the use of their personal property for business purposes
B) Dollar amounts the employer pays for the work an employee performs
C) Dollar amounts paid to employees to cover expenses that they incur while performing their job
D) Values attributed to something the employer has either provided to an employee or paid for on an employee's behalf
3. By the authority of which Act can the Canada Revenue Agency garnish the wages of an employee who has failed to pay Employment Insurance premiums, Canada Pension Plan contributions, or income tax deductions?
A) The Creditors' Relief Act
B) The Income Tax Act
C) The Canada Pension Plan Act
D) The Employment Insurance Act
4. In Block 12 of the Record of Employment, the final pay period ending date for employees who are paid solely by commission or are paid salary plus irregularly paid commission will be:
A) The Sunday of the week in which the last day for which paid, reported in Block 11, occurs
B) The last date for which paid
C) The last date of the pay period
D) The Saturday of the week in which the last day for which paid, reported in Block 11, occurs
5. Anthony earns $750.00 per week. He has a cash taxable benefit of $25.00 per week. Anthony is exempt from CPP contributions. Calculate the net taxable income for the week.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: Only visible for members |
