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National Payroll Institute PF1 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Payroll Accounting | - Payroll accounting practices
|
| Year-End Processing | - Federal and provincial year-end reporting
|
| Employment Income – Regular Earnings | - Regular payroll calculations
|
| Record of Employment | - ROE processing
|
| Provincial Remittances | - Provincial payroll requirements
|
| Employment Income – Allowances, Expenses and Benefits | - Taxable and non-taxable benefits
|
| Non-Regular Payments | - Special payroll payments
|
| Federal Remittances | - Government remittance obligations
|
| Termination of Employment | - Termination processing
|
| Non-Statutory Deductions | - Voluntary deductions
|
| New Employee Information | - Employee setup and documentation
|
| Workers’ Compensation | - Workers compensation administration
|
| Commission Payments | - Commission payroll processing
|
National Payroll Institute Payroll Fundamentals 1Exam Sample Questions:
Question #1
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 Saturday of the week in which the last day for which paid, reported in Block 11, occurs
B. The Sunday of the week in which the last day for which paid, reported in Block 11, occurs
C. The last date for which paid
D. The last date of the pay period
Question #2
Which of the following company-compulsory deductions would reduce the employee's gross taxable income for purposes of withholding income taxes?
A. All of the above
B. Employee payment of a portion of group benefit plan premiums
C. Employee contributions to a group Registered Retirement Savings Plan (RRSP)
D. Employee payment of provincial health care plan premiums
Question #3
Which pension plan requires the services of an actuary to study and forecast future needs of the plan to ensure the plan remains sufficiently funded to provide employees with their retirement benefits?
A. Defined benefit pension plan
B. Defined contribution pension plan
C. All of the above
D. Registered Retirement Savings Plan
Question #4
Which of the following deductions would be the last payroll withholding in order of priority?
A. Requirement to Pay
B. The organization's pension plan
C. Third Party Demand
D. Voluntary insurance coverage
Question #5
Feraz Dalia is due $12,523.00 in legislated wages in lieu of notice that will be added to his last weekly pay of
$1,080.00. Calculate Feraz's Employment Insurance (EI) premium, if his employer is situated in Saskatchewan and the yearly maximum contribution will not be exceeded.
Solutions:
| Question #1 Correct Answer: A | Question #2 Correct Answer: C | Question #3 Correct Answer: A | Question #4 Correct Answer: D | Question #5 Correct Answer: Only visible for members |


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