National Payroll Institute PF1 Exam Questions : Payroll Fundamentals 1Exam

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National Payroll Institute PF1 Exam Syllabus Topics:

National Payroll Institute Payroll Fundamentals 1Exam Sample Questions:

1. Steve is physically disabled and his employer pays for his parking spot. This is considered:

A) None of the above
B) A taxable allowance
C) A cash taxable benefit
D) A non-cash taxable benefit

2. An interruption of earnings occurs when there is a period of how many days with no insurable earnings?

A) Seven business days
B) Five calendar days
C) Seven calendar days
D) Five business days

3. The source deductions form completed by all new employees in Quebec is called:

A) TD1-AB
B) T2222
C) T1213
D) TP-1015.3-V

4. Dollar amounts that are paid to an employee to cover expenses that they incurred while performing their job, but are not considered in the calculation of an employee's earnings are:

A) Expense reimbursements
B) Benefits
C) Earnings
D) Allowances

5. Benefits are:

A) Values attributed to something the employer has either provided to an employee or paid for on an employee's behalf
B) Dollar amounts the employer pays for the work an employee performs
C) Dollar amounts paid to employees for the use of their personal property for business purposes
D) Dollar amounts paid to employees to cover expenses that they incur while performing their job

Solutions: