11.All withholdings from employees must be held in trust until paid to the third party.

True or False

12. The largest and most frequent disbursement of payroll funds is typically:

Multiple Choice

a.Remittance to the CRA

b.Gross pay to employees

c.Remittance to EHT

d.Remittance to the WSIB

e.Net pay to employees

13.This must be attached to each payment to the CRA.

Multiple Choice

a.WSIB rate category

b.Employee identification number

c.Employee SIN

d.Average monthly remittance

e.Payroll business number

14. 14.Remittance schedules for workers compensation programs are determined by the CRA.

True or False

15. Overpayments for Ontario Workers Compensation premiums are refunded on filing the annual report.

True or False

16. Payment frequency for the Workplace Safety and Insurance Board of Ontario premiums is determined based on:

Multiple Choice

a.Annual Taxable Earnings

b.Average Monthly Remittance

c.Average Monthly Withholdings

d.Annual Insurable Earnings

e.Average Insurable Earnings