- Choose the best answer for the following question

1)One of the following methods does not help to calculate income tax:

A) Manual method

B) Premium method

C) Payroll Deduction Table

D) Payroll Deductions Online Calculator (PDOC)

2) The personal tax credits return (TD1) is completed by an employee who:

A) Has a new employer and is receiving remuneration

B) Wishes to increase the amount of income tax deducted at source

C) Has changes in the personal tax credit amounts previously claimed on a TD1

D) All of the above

3) One of the under mentioned is not used by Service Canada (SC) to decide on the ROE:

A) If a person qualifies for EI benefits

B) What the benefit rate should be

C) How long a person is eligible for these benefits

D) None of the above

4) One of the following is not a program responsibility of ESDC

A) Registered Pension Plan

B) Canada Student Loans and Grants

C) Youth Employment Strategies

D) Employment Insurance

5) The technical skills required by payroll practitioners may include:

A) Proficiency in computer programs

B) Ability to be adaptable to changing systems

C) Willingness to embrace continuous learning

D) All the above

- Say True or False to the following sentences

1) Once the maximum EI premium for the year has been withheld from the employee, no further EI premium deductions would be required for the current year.

2) Statistics Canada is legislated under the Statistics Act and providing statistics is the responsibility of federal and provincial governments.

3) Employee contributions to a Union Dues are considered tax deductible and are subtracted from Gross Taxable Income in all jurisdictions.

4) The term payroll can refer to a list of employees to be paid and amount due to each.

5) It is the responsibility of the employee to maintain accurate records and be able to report the total hours of insurable employment.