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National Payroll Institute PF1 Exam Overview:

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National Payroll Institute Payroll Fundamentals 1Exam Sample Questions:

Question 1

National Hardware, an Ontario organization, will be terminating the employment of Emilie St. Germain on October 28, 2019, the last day of the pay period. Emilie started with National Hardware on September 19,
2007. Complete the paper Record of Employment (ROE) for Emilie based on the information provided in the following chart.
Note: Vacationable earnings already include the pay in lieu of notice.
All dates must be entered in the format DDMMYYYY.

Paper ROE (Form Reference)
Complete the following paper ROE blocks for Emilie:
Block 6 - Pay period type
Block 8 - Social Insurance Number
Block 10 - First day worked
Block 11 - Last day for which paid
Block 12 - Final pay period ending date
Block 15A - Total insurable hours
Block 15B - Total insurable earnings
Block 17A - Vacation pay
Block 17C - Other monies (Pay in lieu of notice)
Block 17C - Other monies (Severance)

Step 1 - Complete Block 6
Enter the pay period type for Emilie.
Step 2 - Complete Block 8
Enter Emilie's Social Insurance Number.
Step 3 - Complete Block 10
Enter Emilie's first day worked in DDMMYYYY format.
Step 4 - Complete Block 11
Enter Emilie's last day for which paid in DDMMYYYY format.
Step 5 - Complete Block 12
Enter the final pay period ending date in DDMMYYYY format.
Step 6 - Complete Block 15A
Calculate and enter total insurable hours.
Given:
Hours worked per pay period = 80.00
Bi-weekly ROE pay period chart captures 27 pay periods
Step 7 - Complete Block 15B
Calculate and enter total insurable earnings.
Given:
Pay period earnings = $1,884.62
Bi-weekly ROE pay period chart captures 27 pay periods
Step 8 - Complete Block 17A
Calculate and enter vacation pay.
Given:
Vacation pay rate = 6%
Vacationable earnings = $52,050.00
(already includes pay in lieu of notice)
Step 9 - Complete Block 17C
Enter the correct amount in 17C for "Other monies" specified as Pay in lieu of notice.
Given:
Pay in lieu of notice = 8 weeks
Use weekly earnings derived from the bi-weekly pay period earnings.
Step 10 - Complete Block 17C
Enter the correct amount in 17C for "Other monies" specified as Severance.
Given:
Severance = 10 weeks
Use the same weekly earnings used in Step 9.

Question 2

An employee in Ontario was paid a $25,000.00 retiring allowance. The eligible portion was $15,000.00 and was transferred to the employee's Registered Retirement Savings Plan (RRSP) by the employer. Calculate the income tax on the non-eligible portion.

A. $7,250.00
B. $2,000.00
C. $5,000.00
D. $1,000.00

Question 3

Expense reimbursements are:

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

Question 4

What is piecework?

A. A rate of pay earned per unit of production, regardless of the length of time taken
B. Earnings which are based on the amount of time worked, usually at a rate per hour or per day
C. All of the above
D. A fixed amount of earnings paid to an employee per pay period, regardless of the number of hours worked or the production they accomplished

Question 5

A 900-series Social Insurance Number is issued to:

A. Canadian residents working outside of Canada
B. Individuals who are neither Canadian citizens nor permanent residents
C. Canadian residents with an expired Social Insurance Number
D. Landed immigrants working outside of Canada

Solutions: