Question

1 - How often does Revenu Québec estimate an employer's remittance frequency?

• Monthly
• Quarterly
• Semi-annually
• Annually

2- Taxable benefits should be included in an employee's income:

• within one month of being enjoyed or received
• each pay period as they are enjoyed or received
• by the end of the calendar year in which they are enjoyed or received
• within one year of being enjoyed or received

3 - The following information is noted on the 2018 year end payroll register for an employee employed with a Québec employer: regular earnings of $534,225.00, work-related bonus payments of $2,500.00, group term life insurance benefits of $245.00, employer-paid medical and dental benefits of $2,225.00 and wages in lieu of notice of $7,530.00. In which of the following box(es) and/or Codes on the RL-1 will the wages in lieu of notice be reported?

• Box A only
• Box A and Box O
• Box O with Code RJ
• Box O with Code RZ

4 - What date determines the remittance period for Québec statutory deductions withheld from a manual cheque?

• The closest regular pay cheque date in the normal payroll cycle
• The date of the manual cheque
• The regular pay cheque date in the normal payroll cycle when the earnings should have been paid
• The next regular pay cheque date in the normal payroll cycle

5- What is the purpose of a PD7A form?

• Remitting and tracking payments
• Reporting adjustments
• Summarizing current payments
• All of the above

6- Mountain Bikes has a weekly payroll and is a regular remitter. What date will the source deductions for the February 1st payroll be due to the Canada Revenue Agency?

• February 10th
• February 15th
• February 25th
• March 15th

Answer 1

SOLUTION

The right answer of the first question is - - - - - Monthly

The right answer of the second question is - - - - - - - Each Pay Period as they are enjoyed and received

The right answer of the third question is - - - - - - - Box O with Code RJ

The right answer of the fourth question is - - - - - - - The date of Manual Cheque

The right answer of the fifth question is - - - - - - - Remitting and tracking payments

The right answer of the sixth question is - - - - - - - March 15