12/4/24, 7:31 AM Payroll Fundamentals 1 |2024 UPDATE |ACTUAL EXAM QUESTIONS AND VERIFIED ANSWERS/ACCURATE SOLUTIONS |…
Payroll Fundamentals 1 |2024 UPDATE |ACTUAL
EXAM QUESTIONS AND VERIFIED
ANSWERS/ACCURATE SOLUTIONS |GET IT 100%
CORRECT!! ALREADY GRADED A+
Practice questions for this set
Learn 5/7 Study with Learn
Reason for issuing the ROE
Give this one a try later!
RQ and CRA define a car
1 2 The Record of Employment (ROE)
allowance as reasonable if:
Personal use of a cell phone is not
Block 16 of the ROE 4
considered a taxable benefit if:
Don't know?
Terms in this set (162)
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, 12/4/24, 7:31 AM Payroll Fundamentals 1 |2024 UPDATE |ACTUAL EXAM QUESTIONS AND VERIFIED ANSWERS/ACCURATE SOLUTIONS |…
- The allowance is based solely on business
kilometres driven in a calendar year
- the amount provided is based on the following
RQ and CRA define a car government-prescribed reasonable guidelines
allowance as reasonable - $0.58 per km for the first 5,000 business km's in the
if: year ($0,62 in the Yukon, NWT & Nunavut)
- $0.51 thereafter ($0.56 for YK, NWT, NT)
- the employer does not reimburse the employee
for expenses related to the same use of the vehicle
- vacation travel
- driving to conduct personal business
Personal Driving
- travel between home and work, even if the
includes:
employer insists the employee drive the vehicle
home
- driving to existing and prospective clients, points
of call, and other office locations of the employer
- when an employee travels directly from home to a
point of call, which is not the employer's place of
Business driving includes:
business where the employee regularly reports for
work
- when the employees travels home directly from a
point of call
The number of thirty-day periods that the
automobile is available to the employee for the
Availability (automobiles)
current taxation year. The employee has access to
or control over the vehicle.
A motor vehicle that is designed or adapted to
primarily carry individuals on highways and streets,
Automobile
and has seating capacity of not more than the driver
and eight passengers
The amount is considered pensionable, insurable
If a gift or award is given
and taxable to the employee, subject to all statutory
to an employee in cash
deductions
https://quizlet.com/979637295/payroll-fundamentals-1-2024-update-actual-exam-questions-and-verified-answersaccurate-solutions-get-it-100-co… 2/12
Payroll Fundamentals 1 |2024 UPDATE |ACTUAL
EXAM QUESTIONS AND VERIFIED
ANSWERS/ACCURATE SOLUTIONS |GET IT 100%
CORRECT!! ALREADY GRADED A+
Practice questions for this set
Learn 5/7 Study with Learn
Reason for issuing the ROE
Give this one a try later!
RQ and CRA define a car
1 2 The Record of Employment (ROE)
allowance as reasonable if:
Personal use of a cell phone is not
Block 16 of the ROE 4
considered a taxable benefit if:
Don't know?
Terms in this set (162)
https://quizlet.com/979637295/payroll-fundamentals-1-2024-update-actual-exam-questions-and-verified-answersaccurate-solutions-get-it-100-co… 1/12
, 12/4/24, 7:31 AM Payroll Fundamentals 1 |2024 UPDATE |ACTUAL EXAM QUESTIONS AND VERIFIED ANSWERS/ACCURATE SOLUTIONS |…
- The allowance is based solely on business
kilometres driven in a calendar year
- the amount provided is based on the following
RQ and CRA define a car government-prescribed reasonable guidelines
allowance as reasonable - $0.58 per km for the first 5,000 business km's in the
if: year ($0,62 in the Yukon, NWT & Nunavut)
- $0.51 thereafter ($0.56 for YK, NWT, NT)
- the employer does not reimburse the employee
for expenses related to the same use of the vehicle
- vacation travel
- driving to conduct personal business
Personal Driving
- travel between home and work, even if the
includes:
employer insists the employee drive the vehicle
home
- driving to existing and prospective clients, points
of call, and other office locations of the employer
- when an employee travels directly from home to a
point of call, which is not the employer's place of
Business driving includes:
business where the employee regularly reports for
work
- when the employees travels home directly from a
point of call
The number of thirty-day periods that the
automobile is available to the employee for the
Availability (automobiles)
current taxation year. The employee has access to
or control over the vehicle.
A motor vehicle that is designed or adapted to
primarily carry individuals on highways and streets,
Automobile
and has seating capacity of not more than the driver
and eight passengers
The amount is considered pensionable, insurable
If a gift or award is given
and taxable to the employee, subject to all statutory
to an employee in cash
deductions
https://quizlet.com/979637295/payroll-fundamentals-1-2024-update-actual-exam-questions-and-verified-answersaccurate-solutions-get-it-100-co… 2/12
