Which one of the following payroll costs does NOT result in an expense for the employer?
A) CPP (Canada Pension Plan)
B) Federal and provincial personal income tax
C) Employment Insurance (EI)
D) QPP (Quebec Pension Plan)

Question

Quizplus · Accepted Answer

Federal and provincial personal income tax is deducted from the employee's salary and paid directly to the government by the employer. It does not result in an expense for the employer. The other options, CPP, QPP, and EI, are employer contributions that result in an expense for the employer.

Which One of the Following Payroll Costs Does NOT Result