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National Payroll Institute PF1 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Employment Income – Regular Earnings | - Regular payroll calculations
|
| Topic 2: Federal Remittances | - Government remittance obligations
|
| Topic 3: Non-Regular Payments | - Special payroll payments
|
| Topic 4: Provincial Remittances | - Provincial payroll requirements
|
| Topic 5: Employment Income – Allowances, Expenses and Benefits | - Taxable and non-taxable benefits
|
| Topic 6: Commission Payments | - Commission payroll processing
|
| Topic 7: Year-End Processing | - Federal and provincial year-end reporting
|
| Topic 8: Termination of Employment | - Termination processing
|
| Topic 9: New Employee Information | - Employee setup and documentation
|
| Topic 10: Non-Statutory Deductions | - Voluntary deductions
|
| Topic 11: Payroll Accounting | - Payroll accounting practices
|
| Topic 12: Record of Employment | - ROE processing
|
| Topic 13: Workers’ Compensation | - Workers compensation administration
|
National Payroll Institute Payroll Fundamentals 1Exam Sample Questions:
Which of the following types of earnings are not considered income from employment?
- A. Regular salary
- B. Vacation pay
- C. Commissions
- D. Severance pay
Correct Answer: D 🗳️
Explanation: Only visible for DumpsTorrent members. You can sign-up / login (it's free).
Bonus and incentive pays are subject to which statutory deductions?
- A. Canada/Quebec Pension Plan contributions, Employment Insurance premiums and income taxes
- B. Canada/Quebec Pension Plan contributions, Employment Insurance and Quebec Parental Insurance Plan premiums, income taxes and Northwest Territories/Nunavut payroll taxes
- C. Employment Insurance and Quebec Parental Insurance Plan premiums and Northwest Territories
/Nunavut payroll taxes - D. Canada/Quebec Pension Plan contributions, Quebec Parental Insurance Plan premiums, income taxes and Northwest Territories/Nunavut payroll taxes
Correct Answer: B 🗳️
Explanation: Only visible for DumpsTorrent members. You can sign-up / login (it's free).
The source deductions form completed by all new employees in Quebec is called:
- A. TP-1015.3-V
- B. T1213
- C. T2222
- D. TD1-AB
Correct Answer: A 🗳️
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Charlene receives $50.00 each pay for her meals. This is an example of:
- A. A reimbursement
- B. An allowance
- C. A benefit
- D. None of the above
Correct Answer: B 🗳️
Explanation: Only visible for DumpsTorrent members. You can sign-up / login (it's free).
Phillip is being paid a severance payment with his final pay. Which block should this payment be reported on the Record of Employment?
- A. Block 17C only
- B. Block 15B only
- C. Block 15C only
- D. Blocks 15B and 17C
Correct Answer: A 🗳️
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