How are the linked accounts for CPP different from the linked accounts for income tax -
A) CPP has a linked liability account only;income tax has an expense account only
B) CPP has a linked expense account only;income tax has a liability account only
C) CPP has both linked liability and expense accounts;income tax has a liability account only
D) none of the above
Correct Answer:
Verified
Q4: The employee default deductions -
A)are the same
Q5: Corrections may be made to any payroll
Q6: The default deduction rate for WCB (WSIB)deductions
Q7: Which one of the following statements about
Q8: User-defined payroll expenses -
A)are the same as
Q10: Which of the following are not defined
Q11: Which of the following choices include payroll
Q12: When finishing the history for the payroll
Q13: What steps are involved in setting up
Q14: If an employee has regular payroll deductions
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