Question 1

Here is a sample Payroll Register for a weekly payroll of an Ontario company:
  Use the information in this table to answer the following questions.
-How much will C. Doer have deposited into her bank account for this pay cycle?

Accepted Answer

A)   $108.81
B)   $159.00
C)   $423.91
D)   $318.00
E)   $300.00 A

Question 2

What should be acknowledged in the employee written permission for employer optional deductions?

Accepted Answer

Name and address of payee
Purpose of payment
Amount of payment, including frequency and total amount if appropriate
The date of signing as well as any termination date for the deductions

Question 3

An employee earns $55,000 per year and is paid on a semi-monthly pay schedule. The employee enjoys the benefit of a company paid cell phone for personal use (cost is $150 per month) and receives 6% vacation pay on each payment. This pay cycle included 15 hours of approved overtime worked over the normal 40 hour work week and a reimbursement for travel expenses in the amount of $434.20. The employee contributes 5% of their regular wages to a Registered Retirement Savings Plan each pay cycle.
-Calculate the Gross Earnings.

Accepted Answer

Gross Earnings includes wages/salaries, taxable allowances, and non-taxable allowances.

Question 4

Here is a sample Payroll Register for a weekly payroll of an Ontario company:
  Use the information in this table to answer the following questions.
-How much will the company owe for the employer portion of Employment Insurance premiums for this pay cycle?

Accepted Answer

A)   $192.94
B)   $194.09
C)   $385.88
D)   $80.87
E)   $113.22

Question 5

List 3 examples of employer optional deductions that may be authorized by the employer for the employee's benefit.

Accepted Answer

The answer of List 3 examples of employer optional deductions...

Question 6

Employees in Quebec contribute to the Quebec Pension Plan at a rate of _.

Accepted Answer

A)   5.25%
B)   1.88%
C)   4.95%
D)   0.559%
E)   1.54%

Question 7

What steps are recommended when a Garnishment Order is received by the employer?

Accepted Answer

The answer of What steps are recommended when a Garnishment...

Question 8

List the order of priority of deductions for an employee.

Accepted Answer

The answer of List the order of priority of deductions...

Question 9

If the Employment Insurance deduction for an employee is $57.45 for the pay cycle, how much must the employer pay for the same period?

Accepted Answer

A)   $28.73
B)   $57.45
C)   $0.00
D)   $80.43
E)   $114.90

Question 10

If an employee earns a salary of $58,500 per year, their semi-monthly pay cycle salary would be:

Accepted Answer

A)   $2,437.50
B)   $1,125.00
C)   $562.50
D)   $2,250.00
E)   $4,875.00

Question 11

Here is a sample Payroll Register for a weekly payroll of an Ontario company:
  Use the information in this table to answer the following questions.
-How much does K. Landing earn per hour?

Accepted Answer

A)   $15.00
B)   $40.00
C)   $25.00
D)   $19.25
E)   $12.50

Question 12

Here is a sample Payroll Register for a weekly payroll of an Ontario company:
  Use the information in this table to answer the following questions.
-Assuming this company uses direct deposit, how much money will need to be deposited to pay all of the employees what they are owed for this pay cycle?

Accepted Answer

A)   $1,007.74
B)   $3,790.63
C)   $1,619.91
D)   $4,301.48
E)   $2,681.57

Question 13

What is the amount of the exemption for Canada Pension Plan applied to a semi-monthly pay cycle?

Accepted Answer

A)   $134.61
B)   $66.03
C)   $3500.00
D)   $67.30
E)   $145.83

Question 14

Name the 3 Statutory Deductions in Canada.

Accepted Answer

The answer of Name the 3 Statutory Deductions in Canada....

Question 15

If an employee earns a salary of $58,500 per year, their weekly pay cycle salary would be:

Accepted Answer

A)   $562.50
B)   $4,875.00
C)   $1,125.00
D)   $2,437.50
E)   $2,250.00

Question 16

What is the amount of the exemption for Employment Insurance applied to a semi-monthly pay cycle?

Accepted Answer

A)   $145.83
B)   $134.61
C)   $66.03
D)   $67.30
E)   $0.00

Question 17

What is the amount of the exemption for Canada Pension Plan applied to a weekly pay cycle?

Accepted Answer

A)   $66.03
B)   $145.83
C)   $3500.00
D)   $67.30
E)   $134.61

Question 18

If Mary earns $260,000 per year how much does she earn per week?

Accepted Answer

A)   $10,000
B)   $2,500
C)   $5,000
D)   $6,000
E)   $260,000

Question 19

Employees in Quebec contribute Employment Insurance premiums at a rate of ________.

Accepted Answer

A)   5.25%
B)   0.559%
C)   4.95%
D)   1.88%
E)   1.54%

Question 20

If the Canada Pension Plan deduction for an employee is $57.45 for the pay cycle, how much must the employer pay for the same period?

Accepted Answer

A)   $28.73
B)   $0.00
C)   $57.45
D)   $114.90
E)   $80.43

Exam 1: Payroll Administration

Here is a sample Payroll Register for a weekly payroll of an Ontario company: Use the information in this table to answer the following questions. -How much will C. Doer have deposited into her bank account for this pay cycle?