PB $-$ Payroll Basics Final Assessment

Hours: $00$ Minutes: $44$ Seconds: $36$

$1.$

$1.$The responsibilities of the payroll practitioner will differ depending on the size of

the organization?

$1$ points

A$)$ True

B$)$ False

$2.$

It should only be used to identify you to the government through your employer, pay taxes,

contribute to government pension plans or use government services

$1$ points

A$)$ Time Cards

B$)$ ID

C$)$ SIN

D$)$ License

$3.$

What is generally considered to be the most widely used payment option of the employers?

$1$ points

A$)$ Cash

B$)$ Direct Deposit

C$)$ Cheque

D$)$ All of the abive

$4.$ The primary objective of the payroll function in every organization is to pay employees accurately and on time, in compliance with legislative requirements, for a full payroll cycle.

$1$ points

A$)$ True

B$)$ False

$5.$

It provides a temporary assistance to unemployed Canadians while they look for work or

upgrade their skills, or if you are sick for long time, maternity or parental leave,

or caring for a family member who is so much ill?

$1$ points

A$)$ Canadian Pension Plan

B$)$ Employment Insurance or Quebec Parental Insurance Plan if you live in Quebec

C$)$ Vacation Pay

D$)$ Company Insurance

$6.$

Payroll is the process of paying employees in exchange for the service they perform.

$1$ points

A$)$ True

B$)$ False

$7.$

What did the Canadian Payroll Association have created to guide and

ensure the integrity of payroll?

$1$ points

A$)$ Payroll Compliance

B$)$ Its own Code of Professional Conduct

C$)$ Payroll Processing

D$)$ None of the above

$8.$

If you quit your Job or return to school, are you qualified for Employment Insurance?

$1$ points

A$)$ Yes

B$)$ No

$9.$

Why did Payroll professional should be trustworthy?

$1$ points

A$)$ As the potential for fraud is ever present

B$)$ To be able to understand all sides of an issue

C$)$ To recognize problems quickly and apply sound solutions.

D$)$ All the above

$10.$ Payroll practitioners are not responsible for ensuring their organization is compliant

with payroll related legislation, thus eliminating the potential for any fines or penalties.

$1$ points

A$)$ True

B$)$ False