12. What are payroll deductions primarily used for? * 1 point A) Funding various social programs B) Managing employee records C) Issuing paychecks accurately D) Tracking employee attendance 13. What is essential for accurate payroll processing? * 1 point A) Issuing statements to the government B) Providing employee performance evaluations C) Calculating both earnings and deductions D) Managing employee recruitment 14. What penalties can employers face for noncompliance with payroll regulations in Canada? * 1 point A) Tax refunds B) Monetary fines and imprisonment C) Employee bonuses D) Overtime pay 15. What is the purpose of income tax deductions in payroll? * 1 point A) To track employee attendance B) To ensure accurate tax compliance C) To manage employee benefits D) To calculate employee bonuses