In completing the annual T4 Summary, which of the following is NOT true?
A) The total of all T4's CPP, EI and tax deductions must agree with the totals on the T4 Summary.
B) The T4 Summary must be filed each year by February 28.
C) The T4 Summary must contain your Canada Revenue Agency Account Number.
D) The T4 must be sent out by December 31.
Correct Answer:
Verified
Q62: After sending the monthly payroll remittance, CPP
Q63: Which of the following is NOT a
Q64: Every business with employees must have a
Q65: The last step in the payroll process
Q66: For a weekly payroll, the journal entry
Q68: The employees collectively earn a gross wage
Q69: Employers should use a T4 Summary form
Q70: Most smaller companies must send in their
Q71: The employer's and the employee's contributions to
Q72: The form that contains information about gross
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents