Reimbursement of Costs Covered by Employees on Behalf of the Employer

Multiple Choice

Reimbursement of costs covered by employees on behalf of the employer such as travel expenses and meal allowances:

A) Are reported as part of gross wages.
B) Increase the employee's taxable income.
C) Must be below $300 per person per calendar year.
D) Must be reported on a T4 to the Canada Revenue Agency.
E) Are paid through Accounts Payable and do not impact deductions.