An Introduction to Payroll Administration 3rd Canadian Edition By Alan Dryden - Test Bank

File: Chapter 01 Test Bank True/False [QUESTION] 1. Failing to deduct statutory withholdings from employee payments can result in fines, penalties and interest charges. Ans: True Learning Objective: 01-01 Topic: 01-02 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 2. Employers who do not deduct statutory withholdings from employee payments have nothing to worry about. Ans: False Learning Objective: 01-01 Topic: 01-02 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 3. Employers who fail to deduct proper withholdings from employee payments may be forced to take on the cost of these missed deductions. Ans: True Learning Objective: 01-01 Topic: 01-02 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 4. Payments for employees are processed through accounts payable and do not require any statutory payroll deductions. Ans: False Learning Objective: 01-01 Topic: 01-02 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 5. Payments for self-employed workers are processed through accounts payable and do not require any statutory payroll deductions. Ans: True Learning Objective: 01-01 Topic: 01-02 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 6. Employees with a Social Insurance Number beginning with a '9' are free to work in Canada without restrictions. Ans: False Learning Objective: 01-02 Topic: 01-04 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 7. Most payroll software is capable of checking the validity of Social Insurance Numbers. Ans: True Learning Objective: 01-02 Topic: 01-04 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 8. Employers are permitted to use a Social Insurance Number as an employee ID for an internal social club. Ans: False Learning Objective: 01-02 Topic: 01-04 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 9. The province of employment determines if you are regulated by the Canada Labour Code. Ans: False Learning Objective: 01-03 Topic: 01-05 Difficulty: Difficult Accessibility: Keyboard Navigation Multiple Choice [QUESTION] 10. If the worker has the option to sub-contract their work to others for profit, the worker is likely: A. An employee B. Self-employed Ans: B Learning Objective: 01-01 Topic: 01-02 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 11. If the worker is supervised while on the job and required to follow a schedule of hours determined by the supervisor, the worker is likely: A. An employee B. Self-employed Ans: A Learning Objective: 01-01 Topic: 01-02 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 12. If the worker is provided with all of the tools required to do the job and are not responsible for maintenance and insurance of these tools, the worker is likely: A. An employee B. Self-employed Ans: A Learning Objective: 01-01 Topic: 01-02 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 13. If the worker finishes the job quickly and is able to earn additional profit as a result, the worker is likely: A. An employee B. Self-employed Ans: B Learning Objective: 01-01 Topic: 01-02 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 14. If a worker is hired to fix one toilet in a large office building and is required to bring his own tools, can dictate the time the job is done and has the ability to hire an assistant to do the work for him, the worker is likely: A. An employee B. Self-employed Ans: B Learning Objective: 01-01 Topic: 01-02 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 15. If a worker is hired by a plumbing company to repair toilets in large office buildings and is required to work a scheduled shift, use company tools and do the work himself, the worker is likely: A. An employee B. Self-employed Ans: A Learning Objective: 01-01 Topic: 01-02 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 16. Employees must request the Social Insurance Number within ___ number of days of an employee starting employment. A.1 B.2 C.3 D.4 E.5 Ans: C Learning Objective: 01-02 Topic: 01-04 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 17. How many digits are in a valid Social Insurance Number? A.6 B.7 C.8 D.9 E. 10 Ans: D Learning Objective: 01-02 Topic: 01-04 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 18. If an employer is unsure which Provincial Employment or Labour Standards apply they should: A. Use the home province of the employee B. Use the home address of the CEO C. Contact the Canada Revenue Agency D. Contact the Ministry of Labour E. Refer to the CRA publication RC4110 Ans: D Learning Objective: 01-04 Topic: 01-06 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 19. If in doubt of whether or not the worker is an employee or self-employed, the safest choice is to: A. Pay as a lump sum with no deductions B. Treat relationship as employment and withhold deductions C. Pay through Accounts Payable with no deductions D. Ask the worker to determine which scenario they would prefer E. Flip a coin and document the results Ans: B Learning Objective: 01-01 Topic: 01-02 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 20. To determine whether a worker is an employee or is self-employed the CRA looks at: A. The formal agreement between the parties B. The substance of the relationship between the parties C. The familial relationship between the parties D. The duration of the friendship between the parties E. The payment amount agreed to between the parties Ans: B Learning Objective: 01-01 Topic: 01-02 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 21. Who carries the responsibility to apply for an individual's Social Insurance Number? A. The employer B. CRA C. The individual D. The parents of the individual E. The payroll administrator Ans: C Learning Objective: 01-02 Topic: 01-04 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 22. Employees in this industry are generally not considered to be federally regulated. A. Banks B. Radio Broadcasting C. Uranium Mining D. Automotive E. Air Transportation Ans: D Learning Objective: 01-03 Topic: 01-05 Difficulty: Moderate Accessibility: Keyboard Navigation Short Answer [QUESTION] 23. List 3 reasons why the efficient and effective administration of the process is very important to managers. Ans: 1. Payroll costs are often a significant, if not the single largest operating cost of many organizations. 2. To avoid interest penalties and fines, payroll administrators must ensure all legislative compliance requirements are met. 3. The payroll administrator must ensure all contractual obligations are met (with employees and with third parties such as unions, benefit providers and other). Learning Objective: 01-01 Topic: 01-01 Difficulty: Moderate [QUESTION] 24. Name and describe the 3 steps involved to determine if a worker is an employee or an independent contractor in Quebec. Ans: 1. Intent - What did the parties intend when they entered into the contract? 2. Definition Met? - Determine if the definition of 'contract of employment' has been met by looking at who has to perform the work, how remuneration is calculated and who has control. 3. Actual working relationship - Compare the intent of the parties to the actual working relationship to determine the status of the contract. Learning Objective: 01-01 Topic: 01-03 Difficulty: Moderate [QUESTION] 25. Name 3 stakeholders in the payroll administrative process and explain their interest in the outcomes. Ans: 1. Employees - Rely on accuracy and timeliness of payments and deductions withheld. Require that deductions be remitted appropriately. 2. Management or owners - Expect all contractual obligations are met and controls and policies are followed. 3. External stakeholders - Includes CRA, Provincial government ministries, benefit and insurance companies, courts, and charities - Rely on timely and accurate payment of obligations and record keeping. Learning Objective: 01-04 Topic: 01-06 Difficulty: Moderate File: Chapter 02 Test Bank True/False [QUESTION] 1. An employer can offer compensation and benefits better than those outlined in employment standards legislation. Ans: True Learning Objective: 02-01 Topic: 02-01 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 2. An Ontario employee may face disciplinary action for refusing to work more than 8 hours in one day, even if the employer does not have a written agreement or approval from the Ministry of Labour. Ans: False Learning Objective: 02-01 Topic: 02-07 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 3. Qualifying federal employees must receive a day off work and be paid at their regular rate for Family Day under the Canada Labour Code and Holidays Act. Ans: False Learning Objective: 02-01 Topic: 02-08 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 4. Ontario employees may be unpaid during their vacation from work if they receive 4% of their gross earnings in lieu of vacation each pay. Ans: True Learning Objective: 02-01 Topic: 02-09 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 5. An employee who permanently terminates employment during the year is owed accrued vacation for time earned but not taken during the year. Ans: True Learning Objective: 02-01 Topic: 02-09 Topic: 02-10 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 6. British Columbia senior executive employees may be paid on a monthly basis. Ans: False Learning Objective: 02-01 Topic: 02-12 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 7. Ontario senior executive employees may be paid on a monthly basis. Ans: True Learning Objective: 02-01 Topic: 02-12 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 8. Quebec senior executive employees may be paid on a monthly basis. Ans: True Learning Objective: 02-01 Topic: 02-12 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 9. Ontario employees are entitled to one day off with pay to get married. Ans: False Learning Objective: 02-01 Topic: 02-14 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 10. Quebec employees are entitled to one day off with pay to get married. Ans: True Learning Objective: 02-01 Topic: 02-14 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 11. A Quebec employer can offer an entry level wage of $12 per hour to new adult employees who do not serve liquor. Ans: True Learning Objective: 02-01, 02-02 Topic: 02-05 Topic: 02-15 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 12. An Ontario employer can offer an entry level wage of $12 per hour to new adult employees who do not serve liquor. Ans: False Learning Objective: 02-01, 02-02 Topic: 02-03 Topic: 02-15 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 13. A British Columbia employer can choose to pay overtime after 35 hours per week and 7 hours per day. Ans: True Learning Objective: 02-01, 02-02 Topic: 02-06 Topic: 02-15 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 14. Payroll professionals are responsible for staying up to date with changes in legislation affecting their organization. Ans: True Learning Objective: 02-04 Topic: 02-17 Difficulty: Easy Accessibility: Keyboard Navigation Multiple Choice [QUESTION] 15. What is the minimum wage per hour that can be paid to an adult employee serving liquor directly to customers as part of their regular work in an Ontario business? A. $14.00 B. $13.15 C. $12.20 D. $15.40 E. $15.00 Ans: C Learning Objective: 02-01 Topic: 02-02 Topic: 02-03 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 16. What is the minimum wage per hour that can be paid to a student under the age of 18 doing paid work in their own home in an Ontario business? A. $14.00 B. $13.15 C. $12.20 D. $15.40 E. $15.00 Ans: D Learning Objective: 02-01 Topic: 02-02 Topic: 02-03 Difficulty: Difficult Accessibility: Keyboard Navigation [QUESTION] 17. What is the minimum wage per hour that can be paid to an adult employee NOT serving liquor directly to customers as part of their regular work in a British Columbia business? A. $14.00 B. $13.15 C. $12.20 D. $13.85 E. $15.00 Ans: D Learning Objective: 02-01 Topic: 02-02 Topic: 02-04 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 18. An Ontario employee working a 4 hour shift is entitled to an unpaid break of the following duration: A. 45 minutes B. 30 minutes C. 20 minutes D. 15 minutes E. 0 minutes (no break is required) Ans: E Learning Objective: 02-01 Topic: 02-07 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 19. British Columbia employees must receive __________ as vacation after 5 years of service. A. 6% of gross pay B. 2 weeks C. 8% of gross pay D. 4% of gross pay E. 4 weeks Ans: A Learning Objective: 02-01 Topic: 02-09 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 20. These are Statutory payroll deductions, required by law. A. Pension, Union Dues, and Taxes B. Family Support, Employment Insurance and Taxes C. Pension, Employment Insurance and Taxes D. Pension, Union Dues and Group Insurance Premiums E. Union Dues, Employment Insurance and Taxes Ans: C Learning Objective: 02-01 Topic: 02-11 Difficulty: Easy Accessibility: Keyboard Navigation Short Answer [QUESTION] 21. Explain the rules regarding overtime pay under the Canada Labour Code and briefly describe the 3 general exceptions to this rule. Ans: Overtime must be paid at a rate of 1.5 times normal rate per hour of pay for any hours worked over 8 per day or 40 per week. Exceptions to this rule may be made if the employees are considered management or professionals, if the employer uses an averaging agreement (overtime would only apply to hours exceeding an average of 40 per week), or if there is a modified work schedule which is standard for the employment. Learning Objective: 02-01 Topic: 02-06 Difficulty: Moderate [QUESTION] 22. A Quebec employee who has completed 90 days of employment is asked to work on Canada Day in a manufacturing plant. Her normal rate of pay is $20 per hour. How much would this employee for each hour worked on Canada Day? Explain your answer and the calculation. Ans: Employees who work on a statutory holiday are entitled to receive their normal rate of pay plus a premium of 1.5 times the rate for hours worked, if they have completed 30 days of employment prior to the holiday. In Quebec, Canada Day is a Statutory Holiday. This employee would be entitled to receive $50 per hour for work on Canada Day ($20 regular rate plus a premium of $30 per hour representing 1.5 times the normal rate). Learning Objective: 02-01 Topic: 02-08 Difficulty: Difficult [QUESTION] 23. What are the minimum contents of a statement of earnings under federal legislation? Ans: Under federal legislation, at minimum, employees must be provided with a statement of earnings that outlines the period of time for which earnings are being paid, the number and type of hours (such as straight, overtime, holiday, etc), the rate of wage of each type of hours or the salary amount for the period, and the net pay. Statements must also include enough detail to allow the employee to identify the purpose and amounts of each payment. Learning Objective: 02-01 Topic: 02-13 Difficulty: Easy [QUESTION] 24. Explain the differences between Federal and Ontario legislation regarding Pregnancy/Maternity Leave. Ans: Under both employees are able to take up to 17 weeks of unpaid leave. Federal employees must have worked for 6 consecutive months and give 4 weeks notice prior to the due date or intended leave. Ontario employees only need to have worked 13 (not consecutive) weeks and give 2 weeks written notice prior to the date of leave. Federal employees must provide a certificate from a medical practitioner whereas Ontario employees only need provide one if requested by the employer. Federal legislation also restricts the timing of the leave to occur no earlier than 11 weeks before the due date and no later than 17 weeks after. Learning Objective: 02-01 Topic: 02-14 Difficulty: Moderate [QUESTION] 25. Do employment standard minimums restrict the ability of employers to offer competitive wages and benefits? Explain. Ans: Employment standards minimums outline only the minimum required by law to protect employees. Employers are able to exceed these minimums in order to offer more attractive compensation packages if they choose. If employer policy is better than employment standards minimums, the policies will supersede the legislation. Learning Objective: 02-02 Topic: 02-15 Difficulty: Moderate [QUESTION] 26. What happens if a Collective Bargaining Agreement is in place that outlines different terms and conditions than the relevant employment standard minimums? Ans: The Collective Bargaining Agreement must be followed when administering the payroll unless the terms and conditions are less advantageous to the employee than the minimum legislated standard. In the case where terms and conditions are different, whichever is the most advantageous to the employee must be followed. Learning Objective: 02-03 Topic: 02-16 Difficulty: Easy File: Chapter 03 Test Bank True/False [QUESTION] 1. The pay cycle is determined by the Canada Revenue Agency and cannot be altered by the employer. Ans: False Learning Objective: 03-01 Topic: 03-02 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 2. The employment contract may express payment in any method imagined (for example: per hour, per year, per unit, per dollar sold, per telephone call, per page written, etc.). Ans: True Learning Objective: 03-01 Topic: 03-02 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 3. Employees who earn a salary can be asked to work more than 44 hours in a week without being entitled to overtime pay. Ans: False Learning Objective: 03-01 Topic: 03-04 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 4. To qualify as a taxable benefit the employee must receive something that is of a personal benefit to them. Ans: True Learning Objective: 03-02 Topic: 03-06 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 5. Mary has a job as waitress at a small restaurant. Tips are pooled in a jar and distributed back to employees at the end of each shift by the manager. These tips are not considered taxable income because they are funded by the patrons rather than the owner of the business. Ans: False Learning Objective: 03-02 Topic: 03-08 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 6. Rachel works at Taco Bell and receives a free meal at the end of each shift. This meal must be included in her pay calculation as a taxable benefit. Ans: True Learning Objective: 03-02 Topic: 03-08 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 7. Amblake Co. offers a $500 prize to employees who have completed a voluntary survey to help them gather information about employee engagement. This bonus does not have to be taxed. Ans: False Learning Objective: 03-02 Topic: 03-08 Difficulty: Moderate Accessibility: Keyboard Navigation Multiple Choice [QUESTION] 8. If an employee earns a salary of $58,500 per year, their weekly pay cycle salary would be: A. $4,875.00 B. $2,437.50 C. $2,250.00 D. $1,125.00 E. $562.50 Ans: D Learning Objective: 03-01 Topic: 03-02 Topic: 03-04 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 9. If an employee earns a salary of $58,500 per year, their semi-monthly pay cycle salary would be: A. $4,875.00 B. $2,437.50 C. $2,250.00 D. $1,125.00 E. $562.50 Ans: B Learning Objective: 03-01 Topic: 03-02 Topic: 03-04 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 10. If Mary earns $260,000 per year how much does she earn per week? A. $10,000 B. $5,000 C. $260,000 D. $2,500 E. $6,000 Ans: B Learning Objective: 03-01 Topic: 03-04 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 11. If Sue earns $55 per hour and works 15 hours, what is her gross pay for the period? A. $825 B. $750 C. $55 D. $15 E. $1,235.70 Ans: A Learning Objective: 03-01 Topic: 03-03 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 12. An example of a taxable benefit would be: A. Tuition paid for a WordPress course required for work. B. Use of a company car while working. C. An ergonomic chair provided for the employee to use at the office. D. A paid gym membership. E. Airline tickets to travel to an office event. Ans: D Learning Objective: 03-02, 03-03 Topic: 03-06 Topic: 03-14 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 13. Reimbursement of costs covered by employees on behalf of the employer such as travel expenses and meal allowances: A. Are reported as part of gross wages. B. Increase the employee's taxable income. C. Typically are paid through Accounts Payable and do not impact deductions. D. Must be reported on a T4 to the Canada Revenue Agency. E. Must be below $300 per person per calendar year. Ans: C Learning Objective: 03-02 Topic: 03-05 Topic: 03-12 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 14. The following is not an example of a taxable allowance: A. Cash paid to an employee to purchase normal clothing to wear on the job. B. Cash paid to cover living expenses. C. Cash paid to cover the cost of personal vehicle which may be used for company business. D. Cash paid to cover travel expenses such as hotels, airfare, taxis, meals, etc. E. Cash paid to cover entertainment costs not for the benefit of the company. Ans: D,E Learning Objective: 03-02 Topic: 03-05 Difficulty: Easy Accessibility: Keyboard Navigation [QUESTION] 15. Cell phone service paid for by the employer for the employee's personal use is: A. Not taxable B. Taxable with CPP and EI deductions C. Taxable with CPP deductions but not EI D. Taxable with EI deductions but not CPP E. Not taxable but subject to CPP deductions Ans: C Learning Objective: 03-02, 03-03 Topic: 03-06 Topic: 03-14 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 16. Use of a company gym on site (recreational facility) is: A. Not taxable B. Taxable with CPP and EI deductions C. Taxable with CPP deductions but not EI D. Taxable with EI deductions but not CPP E. Not taxable but subject to CPP deductions Ans: C Learning Objective: 03-02, 03-03 Topic: 03-06 Topic: 03-14 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 17. Payments for guests travelling with an employee, in cash are: A. Not taxable B. Taxable with CPP and EI deductions C. Taxable with CPP deductions but not EI D. Taxable with EI deductions but not CPP E. Not taxable but subject to CPP deductions Ans: B Learning Objective: 03-02, 03-03 Topic: 03-06 Topic: 03-14 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 18. Cash reimbursement for money spent to pay for office supplies such as postage stamps are: A. Not taxable B. Taxable with CPP and EI deductions C. Taxable with CPP deductions but not EI D. Taxable with EI deductions but not CPP E. Not taxable but subject to CPP deductions Ans: A Learning Objective: 03-02, 03-03 Topic: 03-06 Topic: 03-14 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 19. This information is not required in order to calculate the automobile taxable benefit for employees who are permitted to use company owned cars for personal use. A. The total number of kilometres driven. B. The total amount of business kilometres driven. C. The purchase price of the automobile. D. The cost of gas for personal driving. E. The amount of money reimbursed to the employer by the employee for personal use. Ans: D Learning Objective: 03-02 Topic: 03-07 Difficulty: Moderate Accessibility: Keyboard Navigation [QUESTION] 20. The CEO of Amblake Co. would like to offer free parking to all employees in a prime downtown space. What impact will this have on their pay? A. No impact. B. Will increase their rate of pay per hour. C. Will reduce their net income by the full value of the parking space. D. Will result in lower statutory deductions. E. Will result in higher statutory deductions. Ans: E Learning Objective: 03-02 Topic: 03-06 Difficulty: Difficult Accessibility: Keyboard Navigation Short Answer [QUESTION] 21. Fred Vedaro is paid bi-weekly and earns $15 per hour with overtime paid after 44 hours in one week. Fred works 48 hours in the first week and 39 in the second. Vacation pay at 4% will be paid on each pay cycle. Calculate Fred's gross wages for this two week period. Ans: Type of Wage Regular Calculation Week 1 - 44 hours Week 2 - 39 hours Total 83 hours at $15/ hour Amount $1,245.00 Overtime Vacation Pay Week 1 - 4 hours Week 2 - 0 hours Total 4 hours at $15/ hour x 1.5 4% of ($1245.00 + $90.00= $1,335.00) $90.00 $53.40 Total Wages $1,388.40 Learning Objective: 03-01 Topic: 03-03 Difficulty: Moderate [QUESTION] 22. Martha Jovia is paid weekly and earns $25 per hour with overtime paid after 44 hours in one week or 8 hours in one day. Martha worked 4 hours on Sunday, 8 hours on Monday, 10 on Tuesday, 7 on Wednesday and nothing for the remainder of the week. Vacation pay at 6% will be paid on each pay cycle. She also earns a shift premium of 5% for each hour worked on a weekend. Calculate Martha's gross wages for this one week period. Ans: Type of Wage Calculation Amount Regular Sunday - 4 hours Monday - 8 hours Tuesday - 8 hours Wednesday - 7 hours Total 27 hours at $25/ hour $675.00 Overtime Shift Premium Tuesday - 2 hours Total 2 hours at $25/ hour x 1.5 Sunday - 5 hours Total 5 hours at 5% x $25/ hour $75.00 $6.25 Vacation Pay Total Wages 6% of ($675.00 + $75.00 + $6.25) $45.38 $801.63 Learning Objective: 03-01 Topic: 03-03 Difficulty: Moderate [QUESTION] 23. List 3 examples of taxable benefits. Ans: Solutions could include: Personal use of an employer vehicle. Premiums paid by the employer for life insurance. Parking fees paid by the employer when a vehicle is not required for the job. Interest-free loans. RRSP contributions by the employer. Learning Objective: 03-02 Topic: 03-06 Difficulty: Easy [QUESTION] 24. What information is required to utilize the Canada Revenue Agency online calculator of the automobile taxable benefit? Ans: The original cost of the vehicle The number of months access is provided in the year. The total number of kilometres driven. The total number of kilometres driven for business purposes. The amount of money reimbursed by the employee to the employer for personal use. Learning Objective: 03-02 Topic: 03-07 Difficulty: Easy [QUESTION] 25. Frank Hill works for a company with a semi-monthly pay cycle. He earns $80,000 per year and receives over-time paid at time and a half for any approved hours worked in excess of 40 hours per week. He receives a parking allowance of $100 per month and is paid $25 per hour for working on-call on weekends. During this pay cycle Frank worked 9 hours of approved over-time this pay cycle and was on-call for 10 hours on Saturday. Calculate Frank's gross earnings for this pay cycle. intro to payroll, analyzing payroll concepts and practices, payroll test questions and answers, intro to payroll course, introduction payroll system,