Answer the following questions briefly 1) Mention three external stakeholders in the payroll activities and explain briefly each of them.

2) List three tax deductible amounts that are deducted from Gross Pensionable/taxable Income

III - Say True or False to the following sentences

1) There is only one ROE format available, i.e. the Electronic ROE.

2) Employers and employees have to pay EI premiums on insurable earnings and allowances from insurable employment

3) Canada Pension Plan contributions must be calculated on the severance payment made to an employee when they leave an organization