National Payroll Institute PF1 : Payroll Fundamentals 1Exam
- Exam Code: PF1
- Exam Name: Payroll Fundamentals 1Exam
- Updated: Oct 10, 2026
- Q & A: 75 Questions and Answers
About National Payroll Institute PF1 Exam
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National Payroll Institute PF1 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Year-End Processing | - Federal and provincial year-end reporting
|
| Topic 2: Payroll Accounting | - Payroll accounting practices
|
| Topic 3: Termination of Employment | - Termination processing
|
| Topic 4: Non-Statutory Deductions | - Voluntary deductions
|
| Topic 5: Non-Regular Payments | - Special payroll payments
|
| Topic 6: Employment Income – Regular Earnings | - Regular payroll calculations
|
| Topic 7: Federal Remittances | - Government remittance obligations
|
| Topic 8: Provincial Remittances | - Provincial payroll requirements
|
| Topic 9: Commission Payments | - Commission payroll processing
|
| Topic 10: New Employee Information | - Employee setup and documentation
|
| Topic 11: Record of Employment | - ROE processing
|
| Topic 12: Employment Income – Allowances, Expenses and Benefits | - Taxable and non-taxable benefits
|
| Topic 13: Workers’ Compensation | - Workers compensation administration
|
National Payroll Institute Payroll Fundamentals 1Exam Sample Questions:
Ronda earns $12.50 per hour and worked 40 hours this week. Calculate her Canada Pension Plan (CPP) contribution for this weekly pay period.
Reveal Solution Discussion 0Correct Answer:
$25.75
Explanation:
First calculate Ronda's pensionable earnings for the week. Her gross pay is:
$12.50 × 40 = $500.00.
CPP is calculated on pensionable earnings after subtracting the basic exemption (the Year's Basic Exemption, YBE), prorated to the pay period. The CRA confirms the YBE is $3,500 and the employee CPP contribution rate for 2026 is 5.95% for base CPP.
Weekly exemption = $3,500 ÷ 52 = $67.31 (rounded to cents).
Pensionable earnings subject to CPP this week = $500.00 # $67.31 = $432.69.
CPP contribution = $432.69 × 5.95% = $432.69 × 0.0595 = $25.745..., which rounds to $25.75.
This deduction continues each pay until the employee reaches the annual CPP maximum contribution for the year (at which point CPP stops for the remainder of the year).
The employee-employer relationship is deemed to be severed when:
- A. The employee continues to accrue benefits in the organization's pension plan
- B. None of the above
- C. The employee retains the right to be recalled to work
- D. There is no expectation of work to be performed by the employee
Correct Answer: D 🗳️
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Which of the following is not correct?
- A. Vacation pay reported in Block 17A is reported in Block 15B
- B. Block 15B is not completed when insurable earnings are reported in Block 15C
- C. Severance payments and retiring allowances are not reported in Block 15B
- D. Bonus payments reported in Block 17C are also reported in Block 15B
Correct Answer: B 🗳️
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When would a Record of Employment be issued for an employee paid mainly by commission?
- A. When the employee has not earned any commission after six months
- B. An employee mainly paid by commission is not entitled to receive a Record of Employment
- C. When the employment relationship has been severed
- D. When the employee has had seven consecutive calendar days without both work and insurable earnings
Correct Answer: C 🗳️
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Raminder was hired in January 1997. He was fully vested in the organization's pension plan at the time he received the retiring allowance. His employment was terminated on May 1, 2006 and he was paid a
$10,000.00 retiring allowance. Calculate the eligible portion of the retiring allowance.
- A. $10,000.00
- B. $7,500.00
- C. $2,000.00
- D. None of the retiring allowance is eligible
Correct Answer: D 🗳️
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