Multiple Choice
Match the items below by entering the appropriate code letter in the space provided.
-A potential liability that may become an actual liability ____
in the future
A) Current liability
B) Notes Payable
C) Statement of Remuneration Paid (Form T4)
D) Sales taxes
E) Contingent liability
F) Federal and provincial income taxes, CPP, and EI
G) Canada Pension Plan (CPP)
H) Employment Insurance
I) Post-retirement benefits
J) Pension plan
Correct Answer:

Verified
Correct Answer:
Verified
Q74: As long as it is likely the
Q77: Money borrowed on a line of credit
Q160: The deduction that is paid equally by
Q161: Property taxes are generally based on<br>A) income
Q162: The employer incurs a payroll cost equal
Q163: On February 28, 2021, Fidanza Company has
Q165: Below are several accounting transactions recorded by
Q166: The following payroll liability accounts are included
Q168: Payroll deductions are also frequently called<br>A) net
Q169: Cutes National Bank agrees to lend Sunny