Payroll Compliance Legislation

Part: A (MCQ) 1.An organization is required to comply with: a. provincial/territorial government legislation b. provincial/territorial and federal government legislation C. federal government legislation d. federal government legislation unless transferred to provincial/territorial 2. Canada Pension Plan rates generally change on the first of January of each year. The rates are changed by: a. Minister of Finance b. Federal Government . Provincial Legislature d. Revenuquebec 3.Federal and provincial/territorial tax systems are based on the principle of: federal assessment a. provincial assessment b. self-assessment c. all of the above 4.A payroll practitioner's knowledge consists of: a. information on payroll compliance legislation b. information on payroll processes and payroll reporting c. technical, professional and personal skills d. all of the above 5.Which of the following is not one of the factors used by The Canada Revenue Agency (CRA) to determine a contract of service? a. The degree of financial risk taken by the worker b. Submission of an invoice to accounts payable c. Level of control the payer has over the worker d. Whether or not the worker provides the tools and equipment 6.In a contract of service (employee-employer relationship), the employer would generally: assume the risk of financial loss alone a. reimburse employees for expenses incurred in the performance of their job b. supply the tools and equipment required c. meet all of the above factors 7, Pension providers and charities are considered to be what type of stakeholder of the payroll department? Both external and government b. Internal . Government d. External 8.Employment Standards are rules legislated by each provincial/territorial or federal jurisdiction that dictate such issues as: a. hours of work b. minimum wage c. overtime d. all of the above 9.Regulations determine: a. how the rules change b. how the rules are to be applied c. what the rules are d. all of the above 10.Legislation determines: a. how the rules change b. how the rules are to be applied c. what the rules are d. all of the above