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
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Q18: When preparing a payroll journal entry for
Q19: How do EI,CPP,and Income Tax deductions differ
Q20: You should enter a date of termination
Q21: Which one of the following general statements
Q23: Which of the following is not required
Q24: In the payroll cheque run journal,you cannot
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Q26: If a CPP amount is missing in
Q27: The payroll journal entries for two employees