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National Payroll Institute Payroll Fundamentals 1Exam Sample Questions:
1. An organization pays the premiums for a sickness or accident plan for their president only. This would be considered:
A) A non-cash taxable benefit
B) A cash taxable benefit
C) None of the above
D) A taxable allowance
2. The source deductions form completed by all new employees in Quebec is called:
A) TD1-AB
B) T1213
C) TP-1015.3-V
D) T2222
3. 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 last date of the pay period
B) The Saturday of the week in which the last day for which paid, reported in Block 11, occurs
C) The Sunday of the week in which the last day for which paid, reported in Block 11, occurs
D) The last date for which paid
4. Charlene receives $50.00 each pay for her meals. This is an example of:
A) None of the above
B) An allowance
C) A benefit
D) A reimbursement
5. Vacation pay on termination would be recorded in which Block(s) on the Record of Employment?
A) Block 17A only
B) Blocks 15B, 15C P.P. 1 and 17A
C) It would not be recorded
D) Block 15B only
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: B |
