National Payroll Institute PF1 Valid Exam Registration Exam Pass at Your First Attempt | Exam PF1 Sample

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National Payroll Institute PF1 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Communication and Compliance10%- Accuracy and documentation
  • 1. Record keeping and audit trails
    - Stakeholder communication
    • 1. Employee, government, third-party requirements
      Topic 2: Individual Pay Calculations40%- Non-regular earnings
      • 1. Allowances, taxable benefits
        • 2. Overtime, bonuses, retroactive pay
          - Regular earnings
          • 1. Pay period types and frequency
            • 2. Hourly, salary, commission calculations
              Topic 3: 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
                    Topic 4: Termination and Special Payments30%- Termination payments
                    • 1. Retiring allowances, death benefits
                      • 2. Wages in lieu of notice, severance pay
                        - Leaves and absences
                        • 1. Vacation pay, statutory holidays
                          • 2. Sick leave, maternity/parental leave payments

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                            Exam PF1 Sample, Guaranteed PF1 Questions Answers

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                            National Payroll Institute Payroll Fundamentals 1Exam Sample Questions (Q56-Q61):

                            NEW QUESTION # 56
                            Which pension plan requires the services of an actuary to study and forecast future needs of the plan to ensure the plan remains sufficiently funded to provide employees with their retirement benefits?

                            Answer: C


                            NEW QUESTION # 57
                            Michael is an employee in Alberta who is paid bi-weekly and earns $1,600.00 per pay period. He has a taxable meal allowance of $30.00 per pay period. His federal and provincial TD1s on file show a claim code
                            2. Michael already reached the annual maximum first and second Canada Pension Plan (CPP) contributions before this pay. Calculate his total federal and provincial income taxes.

                            Answer:

                            Explanation:
                            (total federal + Alberta tax): $173.48
                            Explanation:
                            Taxable gross for the period = $1,600.00 + $30.00 = $1,630.00 (a taxable allowance is included in income for tax withholding).
                            Using CRA T4032-AB (Biweekly, 26 pay periods) with claim code 2:
                            Federal tax at pay $1,630 falls in the $1,619-$1,635 range # CC2 = $107.35.
                            Alberta provincial tax at pay $1,630 falls in the $1,628-$1,644 range # CC2 = $46.55.
                            Subtotal tax from the tables = $107.35 + $46.55 = $153.90.
                            CRA notes these tax tables build in the tax credits for CPP/EI, so when CPP is not deducted (because annual max already reached), you must increase tax withholding accordingly.
                            CPP that would have been deducted this pay (using CRA rates/YBE):
                            Pensionable = $1,630 # ($3,500/26 = $134.62) = $1,495.38; CPP (4.95% + 1.00% = 5.95%) = $88.98.
                            Add back missing credits: Federal 14% ร— 88.98 = $12.46; Alberta 8% ร— 88.98 = $7.12 # total $19.58.
                            Final total tax = $153.90 + $19.58 = $173.48.


                            NEW QUESTION # 58
                            A 900-series Social Insurance Number is issued to:

                            Answer: B

                            Explanation:
                            A SIN that begins with "9" (often called a 900-series SIN) is issued to temporary workers-people who are neither Canadian citizens nor permanent residents-and who are authorized to work in Canada. Service Canada's employer guidance explicitly states that SINs beginning with "9" are issued to temporary workers who are neither Canadian citizens nor permanent residents, and these SINs are valid only until the expiry date shown on the immigration document that authorizes the person to work in Canada.
                            Service Canada also advises employers to confirm that employees with a SIN starting with "9" remain authorized to work and that their immigration document has not expired.
                            So, options A-C are incorrect because a 900-series SIN is not for permanent residents ("landed immigrants"), not for Canadians whose SIN "expires," and not based on working outside Canada. It specifically signals temporary status tied to work authorization in Canada.


                            NEW QUESTION # 59
                            The employee-employer relationship is deemed to be severed when:

                            Answer: A

                            Explanation:
                            In ROE administration, the key concept is whether the employment relationship is still "active" (that is, whether there is an ongoing expectation the employee will work again). Service Canada's ROE guidance ties ROE issuance to an interruption of earnings and specifically identifies situations where an employee is no longer on the employer's active employment list (for example, no expectation of future work) as a trigger for issuing an ROE.
                            Options A and B describe circumstances that can still align with an ongoing employment relationship. For example, employees may remain eligible for certain benefits after a last day worked, and a right to recall means the employer may still consider the employee attached to the workplace (often still "active" depending on the arrangement). In contrast, when there is no expectation of work to be performed, the relationship is effectively ended for ROE purposes, and the employer generally proceeds with separation reporting and ROE completion based on the interruption of earnings rules.


                            NEW QUESTION # 60
                            Duncan Drapak was employed in Ontario. Upon termination of his employment, he will be paid $7,760.00 legislated wages in lieu of notice together with his final weekly pay of $875.00. Calculate Duncan's Canada Pension Plan (CPP) contribution if the yearly maximum contribution will not be exceeded.

                            Answer:

                            Explanation:
                            $509.78
                            Explanation:
                            Legislated wages in lieu of notice are treated as pensionable employment earnings for CPP purposes, so they are included with the employee's final regular pay when calculating CPP deductions (assuming no CPP exemption applies).
                            Step 1: Determine total pensionable earnings for the week:
                            $7,760.00 + $875.00 = $8,635.00.
                            Step 2: Subtract the CPP basic exemption (Year's Basic Exemption is $3,500 annually). For a weekly payroll, the basic exemption is prorated:
                            $3,500 รท 52 = $67.31.
                            CPP contributory earnings for the week:
                            $8,635.00 # $67.31 = $8,567.69.
                            Step 3: Apply the 2026 CPP employee contribution rate of 5.95% (base CPP). The question states the annual maximum will not be exceeded, so no capping is required in this calculation.
                            CPP contribution:
                            $8,567.69 ร— 5.95% = $509.7777..., rounded to $509.78.


                            NEW QUESTION # 61
                            ......

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