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National Payroll Institute PF1 Exam Syllabus Topics:
| Section | Objectives |
| Topic 1: Federal Remittances | - Government remittance obligations
- 1. CPP and EI remittances
- 2. Income tax remittances
|
| Topic 2: Payroll Accounting | - Payroll accounting practices
- 1. Payroll reconciliations
- 2. Journal entries
|
| Topic 3: Provincial Remittances | - Provincial payroll requirements
- 1. Provincial payroll taxes
- 2. Provincial reporting obligations
|
| Topic 4: Employment Income – Regular Earnings | - Regular payroll calculations
- 1. Overtime calculations
- 2. Salary and hourly wage calculations
|
| Topic 5: Record of Employment | - ROE processing
- 1. ROE completion requirements
- 2. Electronic filing
|
| Topic 6: Non-Statutory Deductions | - Voluntary deductions
- 1. Union dues
- 2. Benefit premiums
|
| Topic 7: Commission Payments | - Commission payroll processing
- 1. Commission earnings calculations
- 2. Tax treatment of commissions
|
| Topic 8: Year-End Processing | - Federal and provincial year-end reporting
- 1. Year-end reconciliations
- 2. T4 and RL-1 preparation
|
| Topic 9: Employment Income – Allowances, Expenses and Benefits | - Taxable and non-taxable benefits
- 1. Benefit taxation
- 2. Allowances and reimbursements
|
| Topic 10: Termination of Employment | - Termination processing
- 1. Termination pay calculations
- 2. Severance payments
|
| Topic 11: New Employee Information | - Employee setup and documentation
- 1. Federal and provincial tax forms
- 2. Payroll records management
|
| Topic 12: Non-Regular Payments | - Special payroll payments
- 1. Bonus payments
- 2. Vacation pay calculations
|
| Topic 13: Workers’ Compensation | - Workers compensation administration
- 1. Employer reporting
- 2. Premium calculations
|
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) A taxable allowance
B) None of the above
C) A cash taxable benefit
D) A non-cash taxable benefit
2. Vacation pay on termination would be recorded in which Block(s) on the Record of Employment?
A) It would not be recorded
B) Block 17A only
C) Blocks 15B, 15C P.P. 1 and 17A
D) Block 15B only
3. 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.
4. The employee-employer relationship is deemed to be severed when:
A) None of the above
B) There is no expectation of work to be performed by the employee
C) The employee retains the right to be recalled to work
D) The employee continues to accrue benefits in the organization's pension plan
5. Which statutory deductions is salary continuance subject to?
A) All deductions
B) All deductions except Employment Insurance premiums
C) All deductions except Quebec Parental Insurance Plan premiums
D) All deductions except Employment Insurance and Quebec Parental Insurance Plan premiums
Solutions:
Question # 1 Answer: B | Question # 2 Answer: C | Question # 3 Answer: Only visible for members | Question # 4 Answer: B | Question # 5 Answer: A |