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National Payroll Institute Payroll Fundamentals 1Exam : PF1 Exam

PF1 actual test
  • Exam Code: PF1
  • Exam Name: Payroll Fundamentals 1Exam
  • Updated: Jul 21, 2026
  • Q & A: 75 Questions and Answers
  • PDF Demo
  • PC Test Engine
  • Online Test Engine
  • Total Price: $59.99  

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National Payroll Institute PF1 Exam Syllabus Topics:

SectionWeightObjectives
Communication and Compliance10%- Stakeholder communication
  • 1. Employee, government, third-party requirements
    - Accuracy and documentation
    • 1. Record keeping and audit trails
      Termination and Special Payments30%- Termination payments
      • 1. Retiring allowances, death benefits
        • 2. Wages in lieu of notice, severance pay
          - Leaves and absences
          • 1. Sick leave, maternity/parental leave payments
            • 2. Vacation pay, statutory holidays
              Individual Pay Calculations40%- Regular earnings
              • 1. Pay period types and frequency
                • 2. Hourly, salary, commission calculations
                  - Non-regular earnings
                  • 1. Allowances, taxable benefits
                    • 2. Overtime, bonuses, retroactive pay
                      Record of Employment (ROE)20%- ROE completion requirements
                      • 1. Insurable/pensionable earnings reporting
                        • 2. Block-by-block reporting rules
                          - Submission and deadlines
                          • 1. Electronic vs paper filing

                            National Payroll Institute Payroll Fundamentals 1Exam Sample Questions:

                            1. In which province or territory is the employer-paid premium for private health insurance coverage that includes dental and prescription coverage considered to be a non-cash taxable benefit?

                            A) Yukon
                            B) Ontario
                            C) Quebec
                            D) British Columbia


                            2. Phan was employed fromMarch 1, 1992throughJanuary 10, 2007. He was not a member of the organization' s pension plan. Calculate the number of years eligible for the$1,500.00portion of a retiring allowance.

                            A) 1
                            B) 2
                            C) 5
                            D) 0


                            3. Vacation pay on termination would be recorded in which Block(s) on the Record of Employment?

                            A) Blocks 15B, 15C P.P. 1 and 17A
                            B) Block 17A only
                            C) It would not be recorded
                            D) Block 15B only


                            4. Which statutory deductions is salary continuance subject to?

                            A) All deductions except Employment Insurance premiums
                            B) All deductions
                            C) All deductions except Employment Insurance and Quebec Parental Insurance Plan premiums
                            D) All deductions except Quebec Parental Insurance Plan premiums


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

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


                            Solutions:

                            Question # 1
                            Answer: C
                            Question # 2
                            Answer: D
                            Question # 3
                            Answer: A
                            Question # 4
                            Answer: B
                            Question # 5
                            Answer: D

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