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

Accepted Answer

E

Question 2

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

Accepted Answer

A

Question 3

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

Accepted Answer

The correct answer is $25.00 per hour, as indicated by the choice C.

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

Accepted Answer

The answer of Here is a sample Payroll Register for...

Question 5

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 Canada Pension Plan deductions for this pay cycle?
A) $192.94
B) $194.09
C) $385.88
D) $80.87
E) $113.22

Accepted Answer

The correct amount the company will owe for the employer portion of Canada Pension Plan deductions for this pay cycle is $192.94. This calculation is based on the specific rates and maximums set by the Canada Pension Plan, which requires both the employer and employee to contribute equally based on the employee's earnings, up to a maximum limit.

Question 6

Employees in Quebec contribute to the Quebec Pension Plan at a rate of _.
A) 5.25%
B) 1.88%
C) 4.95%
D) 0.559%
E) 1.54%

Accepted Answer

The answer of Employees in Quebec contribute to the Quebec...

Question 7

Employees in Quebec contribute Employment Insurance premiums at a rate of ________.
A) 5.25%
B) 0.559%
C) 4.95%
D) 1.88%
E) 1.54%

Accepted Answer

The answer of Employees in Quebec contribute Employment Insurance premiums...

Question 8

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

The answer of An employee earns $55,000 per year and...

Question 9

Name the 3 Statutory Deductions in Canada.

Accepted Answer

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

Question 10

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 11

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

Accepted Answer

The answer of What should be acknowledged in the employee...

Question 12

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 13

List the order of priority of deductions for an employee.

Accepted Answer

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

Question 14

What is the amount of the exemption for Canada Pension Plan applied to a semi-monthly pay cycle?
A) $134.61
B) $66.03
C) $3500.00
D) $67.30
E) $145.83

Accepted Answer

The answer of What is the amount of the exemption...

Question 15

What is the amount of the exemption for Canada Pension Plan applied to a weekly pay cycle?
A) $66.03
B) $145.83
C) $3500.00
D) $67.30
E) $134.61

Accepted Answer

The weekly exemption amount for the Canada Pension Plan is $67.30.

Question 16

What is the amount of the exemption for Employment Insurance applied to a semi-monthly pay cycle?
A) $145.83
B) $134.61
C) $66.03
D) $67.30
E) $0.00

Accepted Answer

The answer of What is the amount of the exemption...

Question 17

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

Accepted Answer

Employers must match the Canada Pension Plan (CPP) contributions made by their employees, so if an employee contributes $57.45, the employer must also contribute the same amount, $57.45.

Question 18

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

Accepted Answer

The answer of If the Employment Insurance deduction for an...

Question 19

If an employee earns a salary of $58,500 per year, their weekly pay cycle salary would be:
A) $562.50
B) $4,875.00
C) $1,125.00
D) $2,437.50
E) $2,250.00

Accepted Answer

To calculate the weekly pay from an annual salary, divide the total salary by the number of weeks in a year (52). $58,500 / 52 = $1,125.00.

Question 20

If an employee earns a salary of $58,500 per year, their semi-monthly pay cycle salary would be:
A) $2,437.50
B) $1,125.00
C) $562.50
D) $2,250.00
E) $4,875.00

Accepted Answer

To calculate the semi-monthly pay, divide the annual salary by the number of pay periods in a year. For semi-monthly, this is 24 (2 times per month x 12 months). $58,500 / 24 = $2,437.50.

Quiz 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. -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?

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?

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?

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?

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 Canada Pension Plan deductions for this pay cycle?

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

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

Name the 3 Statutory Deductions in Canada.

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

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

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

List the order of priority of deductions for an employee.

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

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

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

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?

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?

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

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