Here is a sample Payroll Register for a weekly payroll of an Ontario company:
Use the information in this table to answer the following questions.
-How much will the company owe for the employer portion of Canada Pension Plan deductions for this pay cycle?
A) $192.94
B) $194.09
C) $385.88
D) $80.87
E) $113.22

Question

Here is a sample Payroll Register for a weekly payroll of an Ontario company:
  Use the information in this table to answer the following questions.
-How much will the company owe for the employer portion of Canada Pension Plan deductions for this pay cycle?
A) $192.94 
B) $194.09 
C) $385.88 
D) $80.87 
E) $113.22

Quizplus · Accepted Answer

The correct amount the company will owe for the employer portion of Canada Pension Plan deductions for this pay cycle is $192.94. This calculation is based on the specific rates and maximums set by the Canada Pension Plan, which requires both the employer and employee to contribute equally based on the employee's earnings, up to a maximum limit.

Here Is a Sample Payroll Register for a Weekly Payroll