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National Payroll Institute PF1 Exam Syllabus Topics:

National Payroll Institute Payroll Fundamentals 1Exam Sample Questions:

Question 1

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

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

Question 2

The formula for calculating net pay is:

A. Net taxable income minus total deductions
B. Gross earnings minus total deductions
C. Gross earnings minus total tax
D. Pensionable earnings minus total deductions

Question 3

Which of the following is not correct?

A. Block 15B is not completed when insurable earnings are reported in Block 15C
B. Severance payments and retiring allowances are not reported in Block 15B
C. Bonus payments reported in Block 17C are also reported in Block 15B
D. Vacation pay reported in Block 17A is reported in Block 15B

Question 4

Tanya submitted a letter of resignation to her employer on April 2 of the current year advising that she would be resigning her position effective April 27 for the pay period ending April 28. What date will appear in Block
11 of Tanya's Record of Employment?

A. April 2 of the current year
B. April 27 of the current year
C. April 30 of the current year
D. None of the above

Question 5

The authorization for hiring form should contain a checklist to ensure the organization obtains all required information. What is an example of an item that could be on that checklist?

A. A completed T1213
B. A clearance certificate
C. A benefit enrollment form
D. All of the above

Solutions: