PB $-$ Payroll Basics Final Assessment

$1.$

$1.$The responsibilities of the payroll practitioner will differ depending on the size of the organization?

A$)$ True

B$)$ False

$2.$

It should only be used to identify you to the government through your employer, pas taxes,

contribute to government pension plans or use government services

A$)$ Time Cards

B$)$ ID

C$)$ SIN

D$)$ License

$3.$

What is generally considered to be the most widely used payment option of the employers?

A$)$ Cash

B$)$ Direct Deposit

C$)$ Cheque

D$)$ All of the abive

$4.$ The primary objective of the payroll function in every organization is to pay employees accurately and on time, in compliance with legislative requirements, for a payroll cycle.

A$)$ True

B$)$ False

$5.$

It provides a temporary assistance to unemployed Canadians while they look for work or upgrade their skills, or if you are sick for long time, maternity or parental leave, or caring for a family member who is so much ill?

A$)$ Canadian Pension Plan

B$)$ Employment Insurance or Quebec Parental Insurance Plan if you live in Quebec

C$)$ Vacation Pay

D$)$ Company Insurance

$6.$

Payroll is the process of paying employees in exchange for the service they perform.

A$)$ True

B$)$ False