Payroll compliance legislation final Exam Chapters 5-9|76 Questions with Verified Answers,100% CORRECT

Payroll compliance legislation final Exam Chapters 5-9|76 Questions with Verified Answers The Ontario Health Premiums are calculated based on - CORRECT ANSWER employee earnings in excess of $20,000.00 Which of the following provinces funds its health care coverage through premiums? - CORRECT ANSWER British Columbia Newfoundland and Labrador fund their health care systems through: - CORRECT ANSWER employer tax If a province funds their health care systems through the regular tax base, what is the payroll implication? - CORRECT ANSWER There is no payroll implication To report the total union dues paid by a member, at the end of the calendar year the union can: - CORRECT ANSWER must give each member a receipt showing the annual union dues that are tax deductible. Alternatively, the union can arrange with the employer to print the amount of the tax deductible union dues on the employee's T4 (box 44) and/or RL-1 (box F) information slip. Health services fund contributions are not collected on: - CORRECT ANSWER retiring allowances Workers' compensation legislation details: - CORRECT ANSWER the types of industries and employees covered, the employer's responsibilities for paying into the funds and responding to accidents and the conditions under which an employee may make a claim. Collective agreements usually include clauses on such items as: - CORRECT ANSWER rates of pay, seniority, and job postings Which of the following provinces/territories funds its health care coverage through a tax on both the employer and employee? - CORRECT ANSWER Ontario Which is the most important criterion used by Revenu Québec in determining whether a worker is an employee or is self-employed in Québec? - CORRECT ANSWER Subordination in the performance of work An article in a collective agreement that stipulates a periodic increase or decrease in wages based on cost of living allowance (COLA) is referred to as a: - CORRECT ANSWER escalator clause The annual maximum Québec Pension Plan Contribution is not required to be prorated when an employee: - CORRECT ANSWER turns 70 Under which of the following situations would an individual generally be considered an employee in Québec? - CORRECT ANSWER An individual generally has the status of employee, if the person who provides the work assigns the worker specific tasks, explains the work to be accomplished and the responsibilities to be assumed and provides training or upgrading. Which of the following provinces/territories funds its health care coverage only through an employer tax or levy? - CORRECT ANSWER Manitoba, Québec, and Newfoundland and Labrador The areas in provincial/territorial pension legislation that primarily impact payroll are: - CORRECT ANSWER eligibility and membership requirements, contribution requirements, and employee and employer contribution remittance deadlines. If a province funds their health care systems through health care premiums, what is the payroll implication when employer pays the premiums? - CORRECT ANSWER Taxable benefit to employee if paid by the employer The Québec Parental Insurance Plan maximum insurable earnings are set by the: - CORRECT ANSWER Québec Workers' Compensation Act An employee with 5 years service as an Administrative Assistant for a small bookkeeping company in Nova Scotia is being terminated due to a shortage of work. How much working notice or legislated wages in lieu of notice is the employee entitled to receive from the employer? - CORRECT ANSWER 4 weeks' working notice or legislated wages in lieu of notice The Ontario Health Premium is administered and collected by the: - CORRECT ANSWER Canada Revenue Agency An organization that is not classified as a federal employer under the Canada Labour Code and has divisions in all provinces and territories of Canada must comply with the employment labour standards legislated by the: - CORRECT ANSWER province/territory in which each individual employee works Which type of employer is not required to participate in the premium assessment process? - CORRECT ANSWER Self-insured employers The purpose of the Workforce Skills Development and Recognition Fund contribution is to: - CORRECT ANSWER improve manpower skills, thus promoting employment, labour market adaptation and integration, as well as manpower mobility What requirements determine when an employee will (or may) become a member of an employer's pension plan? - CORRECT ANSWER Eligibility and membership requirements Workers' compensation claims for federal government employees are administered by the jurisdiction where: - CORRECT ANSWER the employee works During negotiations it is customary to deal with the issues in the following order: - CORRECT ANSWER housekeeping, non-monetary, monetary The Canada Labour Code consists of: - CORRECT ANSWER employment standards, occupational health and safety and industrial relations What are the Ten Fair Information Principles? - CORRECT ANSWER Guidelines used to establish legislation for the protection of personal information Which agency is responsible for the delivery of services to employers including Record of Employment on the Web? - CORRECT ANSWER service canada Which government agency is responsible for the establishment of annual maximum insurable earnings? - CORRECT ANSWER Employment and Social Development Canada What portion of the savings from the Employment Insurance premium reduction are employers required to share with the employees to whom the reduced rate applies? - CORRECT ANSWER 5/12 Which of the following situations would require a Record of Employment to be completed? - CORRECT ANSWER An employee retires Which of the following types of remuneration is subject to income tax withholding's? - CORRECT ANSWER salary, wages, overtime, retroactive payments, commissions and wages in lieu of notice, bonuses, vacation pay and gratuities, pensions, retiring allowances, severance pay, death benefits, and the value of any taxable benefits and allowances. The TD1-WS is used to calculate partial claim amounts for: - CORRECT ANSWER age, caregiver, and infirm dependents over the age of 18. The Worksheet for the Personal Tax Credits Return - TD1-WS is used to calculate: - CORRECT ANSWER partial claim amounts on the TD1 The Income Tax Act does not define: - CORRECT ANSWER Taxable income, gross pensionable/taxable income and net taxable income Net taxable income is: - CORRECT ANSWER gross pensionable/taxable income less authorized deductions The purpose of a TD1-WS is to: - CORRECT ANSWER assist employees in determining partial claims An employee has been working for an organization in Québec for 9 years. The normal wages for this employee are $650.00 per week. How much legislated wages in lieu of notice is this employee entitled to receive? - CORRECT ANSWER $2600. An employee in Québec with 9 years of service is entitled to 4 weeks working notice or 4 weeks legislated wages in lieu of notice. Caryn works for an organization in Manitoba. Which of the following would not be used to calculate her vacation pay? - CORRECT ANSWER Moving allowance. Allowances for car, clothing, moving, travel expenses, and the value of gifts are not included in the calculation of vacation pay in any jurisdiction except Québec. An employee in Newfoundland and Labrador is scheduled to work the following hours: Monday - 8 hours; Tuesday - 7 hours; Wednesday - 8 hours; Thursday - 6 hours; Friday - 8 hours. This employee has been summoned for jury duty on Tuesday, Wednesday and Thursday. How many hours should the employer pay this employee while they are on jury duty? - CORRECT ANSWER 21 hours at regular rate Which two jurisdictions are not required to pay employees according to a specified pay frequency? - CORRECT ANSWER Ontario and federal Which of the following does hours of work legislation cover - CORRECT ANSWER minimum hours (call-in pay), maximum hours, averaging hours, compressed work week, overtime and rest periods. An employee in Manitoba is called in to work. He completes the job he is called in for in one hour. How much should this employee be paid? - CORRECT ANSWER 3 hours at regular wage Which of the following does not apply to the Canada Labour Code, Part III? - CORRECT ANSWER Employees working for a non-profit organization An organization under federal jurisdiction terminates the services of an employee who has worked for 7 years. The employee's daily wages are $100.00. How much severance pay is the employee entitled to? - CORRECT ANSWER $1400. Under the federal jurisdiction, employees who have 12 months of continuous service are entitled to the greater of: 2 days wages at the regular rate, excluding overtime, for each completed year of employment or 5 days wages at the regular rate, excluding overtime. Upon the death of a parent, how much bereavement leave would an employee in Yukon receive? - CORRECT ANSWER Seven unpaid days of leave The Canada Revenue Agency allows union dues to be deducted from income before tax is calculated unless the amount is for: - CORRECT ANSWER Deductions for initiation fees, special purpose fees or fees for benefits are not allowed as a before-tax deduction. Employers' costs for Canada Pension Plan contributions, Employment Insurance premiums and other benefits may be affected by: - CORRECT ANSWER Change to wage rates, overtime premiums or allowance may all affect employers' costs for Canada Pension, Employment Insurance or other benefits that are based on wages/salaries. Members of the negotiating team are selected based on: - CORRECT ANSWER Expertise An employer has been notified that a trade union has made an Application for Certification. Until either the union has been certified and thirty days have elapsed, or the application has been withdrawn, the employer cannot alter: - CORRECT ANSWER Any terms and conditions of employment, any rights or privileges enjoyed by the employees, and rates of pay. Collective agreements specify that employer's must deduct union dues from employees. Which of the following is not a common method of calculating union dues? - CORRECT ANSWER a percentage of net pay The Personal Information Protection and Electronic Documents Act applies to employee personal information where employees work in the: - CORRECT ANSWER federal works, undertakings and businesses or, in other words, the federally-regulated private sector. The aim of the Canada Health Act is to: - CORRECT ANSWER ensure that all eligible residents of Canada have access to necessary hospital and physician services There is no payroll involvement from either the employer or the employee when health care systems are funded using: - CORRECT ANSWER the regular tax base Which of the following types of employers would be eligible for the Ontario Employer Health Tax exemption? - CORRECT ANSWER Registered charities Provinces may fund health care coverage by which of the following methods? - CORRECT ANSWER collect premiums from individuals, impose a tax or levy on employers, impose a tax on employees, or fund health care through their general tax revenues. Additional funds from other financial sources, such as sales taxes and lottery proceeds, are also used by some provinces. Employer Health Tax in Ontario is calculated on which of the following remunerations? - CORRECT ANSWER salary, wages, bonuses, commissions, taxable benefits and allowances, wages in lieu of notice, vacation pay, directors' fees, as well as employer contributions to an employee profit-sharing plan. employees who report to work at and are paid from the company's location in Brandon, Manitoba. The employer also has employees who report to work at and are paid from their location in Burnaby, British Columbia. What remuneration is subject to the Manitoba Health and Post-Secondary Education Tax Levy? - CORRECT ANSWER Taxable remuneration for employees working in Manitoba The administration and delivery of health care services in Canada is the responsibility of: - CORRECT ANSWER each province and territory Which area(s) in provincial/territorial pension legislation impact payroll? - CORRECT ANSWER eligibility and membership requirements, contribution requirements, and employee and employer contribution remittance deadlines. What is an employer levy? - CORRECT ANSWER Money raised under government authority Québec Pension Plan contributions must be withheld from all workers aged 18 or older who are in pensionable employment, including employees who are: - CORRECT ANSWER in receipt of a retirement pension under Québec or Canada Pension Plan, are not in receipt of disability benefits or are 70 years of age or older. Québec provincial income tax is remitted to: - CORRECT ANSWER Revenu Québec Which of the following payroll-related remittances are administered by Revenu Québec? - CORRECT ANSWER Contributions for the commission des normes du travail, Quebec provincial income tax and contributions for the health services fund Which of the following is not subject to Québec Parental Insurance Plan premiums? - CORRECT ANSWER Employer contributions to an employee's RRSP when the funds are not available to the employee before termination or retirement What determines the penalty rate for employers who fail to deduct and remit to Revenue Québec within the legislated time frame? - CORRECT ANSWER The number of days during which an employer is late in meeting the Taxation Act's requirements The Québec Parental Insurance Plan is funded by: - CORRECT ANSWER employees through payroll deductions, employers who pay a premium based on the employee's insurable earnings and self-employed persons. In the case of a work-related accident or illness, which of the following would not be correct? - CORRECT ANSWER All jurisdictions require the employer to pay the employee for the day of the accident Who funds the workers' compensation plan? - CORRECT ANSWER Employers Workers' compensation non-compliance penalties are assessed for: - CORRECT ANSWER underestimating assessable earnings Which of the following are assessable earnings for workers' compensation in all jurisdictions? - CORRECT ANSWER Gifts and awards (in cash) An award letter is issued by Service Canada in which of the following situations? - CORRECT ANSWER An employee continues to work after being considered to be disabled Which of the following is not subject to Employment Insurance premiums? - CORRECT ANSWER Retiring allowance A Record of Employment is issued when there is an interruption of earnings of: - CORRECT ANSWER 7 consecutive calendar days When must an employer with a bi-weekly pay period issue an electronic Record of Employment? - CORRECT ANSWER Five calendar days after the end of the pay period in which there was an interruption of earnings Canada Pension Plan contributions must be calculated manually when: - CORRECT ANSWER An employee earns more per pay period, and when there are 27 bi-weekly or 53 pay periods in the year.