Payroll /
Fundamentals
/ //
1 Exam Questions With Correct Answers
// // // // // //
RQ /
/and /
/CRA /
/define //
a/
/car /
/allowance /
/as /
/reasonable /
/if: //- /
/CORRECT /
/ANSWERS(S)✔✔- /
/The //allowance //is //based //solely //on //business //kilometres //driven //in //a //calendar //year
- //the //amount //provided //is //based //on //the //following //government-
prescribed //reasonable //guidelines //
-
// /
/$0.58 /
/per /
/km //for //the //first //5,000 //business //km's //in //the //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
Personal //Driving //includes: //- //CORRECT //ANSWERS(S)✔✔- //vacation //travel
- //driving //to //conduct //personal //business
,-/
/travel /
/between /
/home //and //work, //even //if //the //employer //insists //the //employee //drive //the //vehicle //home
Business /
/driving //includes: //- //CORRECT //ANSWERS(S)✔✔- //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 //where //the //employee //regularly //reports //for //work
- //when //the //employees //travels //home //directly //from //a //point //of //call
Availability //(automobiles) //- //CORRECT //ANSWERS(S)✔✔The //number //of //thirty-
day /
/periods /
/that /
/the /
/automobile /
/is /
/available /
/to /
/the /
,/employee /
/for //the //current //taxation //year. //The //employee //has //access //to //or //control //over //the //vehicle.
Automobile //- /
/CORRECT /
/ANSWERS(S)✔✔A /
/motor /
/vehicle /
/that /
/is /
/designed /
/or /
/adapted /
/to /
/primarily /
/carry /
/individuals /
/on /
/highways /
/and /
/streets, //and //has //seating //capacity //of //not //more //than //the //driver //and //eight //passengers
If //
a/
/gift /
/or /
/award /
/is /
/given /
/to /
/an /
/employee /
/in /
/cash //- /
/CORRECT /
/ANSWERS(S)✔✔The /
, /amount /
/is /
/considered /
/pensionable, //insurable //and //taxable //to //the //employee, //subject //to //all //statutory //deductions
Overtime //meal //allowance //is //considered //non-taxable //if //(RQ): //- //CORRECT //ANSWERS(S)✔✔-
//overtime /
/is /
/done /
/at //the //employer's //request //and //is //expected //to //last //for //at //least //two //consecutive //hours
- //overtime //is //done //rarely //or //on //an //occasional //basis
- //the //meal //expenses //are //reimbursed //upon //presentation //of //receipts
- //the //meal //expenses //reimbursed //or //the //value //of //the //meal //provided //is //reasonable
The //four //categories //of //employment //income //- //CORRECT //ANSWERS(S)✔✔- //Earnings
- //Allowances
- //Benefits
- //Taxable //expense //reimbursement
Earnings //- /
/CORRECT /
/ANSWERS(S)✔✔Dollar /
/amounts //the //employer //pays //an //employee //for //the //work //they //perform
Types //of //earnings //- //CORRECT //ANSWERS(S)✔✔- //a //salary
- //a //rate //for //each //hour //worked
- //a //rate //per //piece //of //goods //produced //or //picked
- //a //disability //payment //for //time //off //work //due //to //illness
- //a //payment //for //vacation //time
Fundamentals
/ //
1 Exam Questions With Correct Answers
// // // // // //
RQ /
/and /
/CRA /
/define //
a/
/car /
/allowance /
/as /
/reasonable /
/if: //- /
/CORRECT /
/ANSWERS(S)✔✔- /
/The //allowance //is //based //solely //on //business //kilometres //driven //in //a //calendar //year
- //the //amount //provided //is //based //on //the //following //government-
prescribed //reasonable //guidelines //
-
// /
/$0.58 /
/per /
/km //for //the //first //5,000 //business //km's //in //the //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
Personal //Driving //includes: //- //CORRECT //ANSWERS(S)✔✔- //vacation //travel
- //driving //to //conduct //personal //business
,-/
/travel /
/between /
/home //and //work, //even //if //the //employer //insists //the //employee //drive //the //vehicle //home
Business /
/driving //includes: //- //CORRECT //ANSWERS(S)✔✔- //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 //where //the //employee //regularly //reports //for //work
- //when //the //employees //travels //home //directly //from //a //point //of //call
Availability //(automobiles) //- //CORRECT //ANSWERS(S)✔✔The //number //of //thirty-
day /
/periods /
/that /
/the /
/automobile /
/is /
/available /
/to /
/the /
,/employee /
/for //the //current //taxation //year. //The //employee //has //access //to //or //control //over //the //vehicle.
Automobile //- /
/CORRECT /
/ANSWERS(S)✔✔A /
/motor /
/vehicle /
/that /
/is /
/designed /
/or /
/adapted /
/to /
/primarily /
/carry /
/individuals /
/on /
/highways /
/and /
/streets, //and //has //seating //capacity //of //not //more //than //the //driver //and //eight //passengers
If //
a/
/gift /
/or /
/award /
/is /
/given /
/to /
/an /
/employee /
/in /
/cash //- /
/CORRECT /
/ANSWERS(S)✔✔The /
, /amount /
/is /
/considered /
/pensionable, //insurable //and //taxable //to //the //employee, //subject //to //all //statutory //deductions
Overtime //meal //allowance //is //considered //non-taxable //if //(RQ): //- //CORRECT //ANSWERS(S)✔✔-
//overtime /
/is /
/done /
/at //the //employer's //request //and //is //expected //to //last //for //at //least //two //consecutive //hours
- //overtime //is //done //rarely //or //on //an //occasional //basis
- //the //meal //expenses //are //reimbursed //upon //presentation //of //receipts
- //the //meal //expenses //reimbursed //or //the //value //of //the //meal //provided //is //reasonable
The //four //categories //of //employment //income //- //CORRECT //ANSWERS(S)✔✔- //Earnings
- //Allowances
- //Benefits
- //Taxable //expense //reimbursement
Earnings //- /
/CORRECT /
/ANSWERS(S)✔✔Dollar /
/amounts //the //employer //pays //an //employee //for //the //work //they //perform
Types //of //earnings //- //CORRECT //ANSWERS(S)✔✔- //a //salary
- //a //rate //for //each //hour //worked
- //a //rate //per //piece //of //goods //produced //or //picked
- //a //disability //payment //for //time //off //work //due //to //illness
- //a //payment //for //vacation //time
