Question
1) Which of the following would be subject to CPP contributions? a) Pension Payments b) Lump Sum payments from Pension Fund c) Directors fees d)
1) Which of the following would be subject to CPP contributions?
a) Pension Payments
b) Lump Sum payments from Pension Fund
c) Director’s fees
d) Retiring Allowance
e) Allocated Tips
f) Controlled Tips
g) Sick Leave – Paid
h) Research Grants
i) Gp Term Life Ins Taxable Benefit
j) Car Allowance – Taxable
k) Employer Paid – Wage Loss Amount Paid to Employee
2) Calculate the CPP Basic exemption for
a) Weekly
b) Bi-weekly
c) Semi-Monthly
d) Monthly
e) Commissioned Salesman whose last cheque was 124 days ago.
3) Calculate Unprorated Maximum for
a) CPP
b) EI
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Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
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