A record of an employee's hours worked, gross pay, deductions, net pay, and certain personal information about the employee is an employee's
A) Time card
B) Federal tax record
C) Canada Revenue Agency record
D) Individual earnings record
E) T-4 earnings record

Question

Quizplus · Accepted Answer

An individual earnings record typically includes the employee's hours worked, gross pay, deductions, net pay, and personal information such as their name and social security number. This record is used by the employer to keep track of the employee's earnings and deductions for tax purposes, as well as to ensure that the employee is paid accurately and on time. While a time card may also contain some of this information, it is typically just a record of the hours worked by the employee. Federal tax records and Canada Revenue Agency records are maintained by the government and contain tax-related information for individuals and businesses. A T-4 earnings record is a specific form that employers in Canada must issue to their employees each year to report their earnings and deductions for tax purposes.

A Record of an Employee's Hours Worked, Gross Pay, Deductions