9/30/25, 1:14 PM Payroll Fundamentals 1 Midterm Exam Questions with 100% Correct Answers | Verified | Updated (Actual Exam) 2025\2026 Flashc…
Payroll Fundamentals 1 Midterm Exam Questions
with 100% Correct Answers | Verified | Updated
(Actual Exam) 2025\2026
Save
Terms in this set (94)
-Organization specific forms (personal information
forms)
Commencement package
-Government forms (federal and provincial personal
(Ch.1)
tax credits return)
-Benefit forms (insurance enrollment forms)
May include information on their position such as
Hiring form (ch.1) department, manager, start date, salary/hourly wage,
and benefit entitlement
-Employee name
-Date of pay period
Information that must be
-Rates of pay and hours of work at each rate
provided to employees
-Gross earnings
(ch.1)
-Itemized deductions
-Net pay
-Age
TD1- WS is used to -Canada caregiver amount for eligible dependent or
calculate partial claim spouse or common-law partner
amounts for... (ch.1) -Canada caregiver amount for dependent(s) age 18 or
over
https://quizlet.com/1084941546/payroll-fundamentals-1-midterm-exam-questions-with-100-correct-answers-verified-updated-actual-exam-20252026-f… 1/14
, 9/30/25, 1:14 PM Payroll Fundamentals 1 Midterm Exam Questions with 100% Correct Answers | Verified | Updated (Actual Exam) 2025\2026 Flashc…
Federal TD1, -Name
Provincial/territorial TD1, -Date of birth
and Quebec TP-1015.3-V -Social insurance number
require... (ch.1)
-Being a caregiver
-Being over 65
-Receiving a pension
Other credits employees
-Being or supporting a student in post-secondary
can claim on their Federal
studies
and Provincial/Territorial
-Being disabled
TD1 to lower taxes (ch.1)
-Supporting a spouce
-Living alone (Quebec)
-Having children under 18 (Saskatchewan and Yukon)
Do you have to claim -No, if only doing basic
basic personal -Yes, if claiming children under 18 (Sakatchewan and
provincial/territorial Yukon)
credits? (ch.1) -Yes, always (Quebec)
-Correct employee name, Date of birth, Address, and
SIN
Employers should review
-Correct amounts on the form
TD1 and TP-1015.3-V forms
-Amounts claimed are totaled correctly
to ensure (ch.2)
-Form does not contain obvious false statements
-The form is signed a dated
-Name
What certain information
-Rate of pay and hours worked at each rate
must appear on an
-Date of pay period
employee's statement of
-Gross and net pay
wages? (ch.2)
-Itemized deductions
Employee received compensation or pay for the
services they perform
Renumeration (ch.2)
-AKA employee income when employer-employee
relationship exists
https://quizlet.com/1084941546/payroll-fundamentals-1-midterm-exam-questions-with-100-correct-answers-verified-updated-actual-exam-20252026-f… 2/14
Payroll Fundamentals 1 Midterm Exam Questions
with 100% Correct Answers | Verified | Updated
(Actual Exam) 2025\2026
Save
Terms in this set (94)
-Organization specific forms (personal information
forms)
Commencement package
-Government forms (federal and provincial personal
(Ch.1)
tax credits return)
-Benefit forms (insurance enrollment forms)
May include information on their position such as
Hiring form (ch.1) department, manager, start date, salary/hourly wage,
and benefit entitlement
-Employee name
-Date of pay period
Information that must be
-Rates of pay and hours of work at each rate
provided to employees
-Gross earnings
(ch.1)
-Itemized deductions
-Net pay
-Age
TD1- WS is used to -Canada caregiver amount for eligible dependent or
calculate partial claim spouse or common-law partner
amounts for... (ch.1) -Canada caregiver amount for dependent(s) age 18 or
over
https://quizlet.com/1084941546/payroll-fundamentals-1-midterm-exam-questions-with-100-correct-answers-verified-updated-actual-exam-20252026-f… 1/14
, 9/30/25, 1:14 PM Payroll Fundamentals 1 Midterm Exam Questions with 100% Correct Answers | Verified | Updated (Actual Exam) 2025\2026 Flashc…
Federal TD1, -Name
Provincial/territorial TD1, -Date of birth
and Quebec TP-1015.3-V -Social insurance number
require... (ch.1)
-Being a caregiver
-Being over 65
-Receiving a pension
Other credits employees
-Being or supporting a student in post-secondary
can claim on their Federal
studies
and Provincial/Territorial
-Being disabled
TD1 to lower taxes (ch.1)
-Supporting a spouce
-Living alone (Quebec)
-Having children under 18 (Saskatchewan and Yukon)
Do you have to claim -No, if only doing basic
basic personal -Yes, if claiming children under 18 (Sakatchewan and
provincial/territorial Yukon)
credits? (ch.1) -Yes, always (Quebec)
-Correct employee name, Date of birth, Address, and
SIN
Employers should review
-Correct amounts on the form
TD1 and TP-1015.3-V forms
-Amounts claimed are totaled correctly
to ensure (ch.2)
-Form does not contain obvious false statements
-The form is signed a dated
-Name
What certain information
-Rate of pay and hours worked at each rate
must appear on an
-Date of pay period
employee's statement of
-Gross and net pay
wages? (ch.2)
-Itemized deductions
Employee received compensation or pay for the
services they perform
Renumeration (ch.2)
-AKA employee income when employer-employee
relationship exists
https://quizlet.com/1084941546/payroll-fundamentals-1-midterm-exam-questions-with-100-correct-answers-verified-updated-actual-exam-20252026-f… 2/14
