Multiple Choice
Which one of the following statements about payroll is incorrect -
A) you must record an hourly rate, salary or commission to process a paycheque
B) the program calculates EI, CPP and Income Tax based on federal tax tables
C) you must enter amounts for RRSP and Medical manually in the payroll journals
D) the payroll ledgers do not have a single control account
Correct Answer:
Verified
Correct Answer:
Verified
Q21: To pay out the vacation pay for
Q22: The Payroll module window has journal icons
Q23: When preparing a payroll journal entry for
Q24: When an employee is entitled to sick
Q25: Which of the following statements about payroll
Q27: If a CPP amount is missing in
Q28: The employee summary report option shows -<br>A)
Q29: When you post a payroll entry the
Q30: When you examine a payroll journal entry,
Q31: Transactions entered in the payroll journal will