critical thinking

Discussion Questions and Critical Thinking/Ethical Case 1. List at least two items that mak up employee benefits expense., 2. All employers must remit their payroll deductions once a month (by the 15th of the following month). Please comment. 3. The only payroll-related costs borne by employers are CPP and El. Please comment. 4. An RC1 form must be submitted annually by all employers. True or false? 5. Why could failure to remit employees' deductions on time be costly? 6. Each employer matches the amount of income tax deducted from employees each month when remitting to the CRA. True or false? 7. Which of the following accurately summarizes the correct formula for determining the monthly remittance to the CRA (IT = income tax)? a. (2 X IT + 12.4 X CPP) + (2 X ET) b. (1 x II) + (2 X CPP) + (2.4 X II) Gil X T) + 12 4 X CPP + 2 X EH d. (2 X IT) 12 X CPP) +- (2.4 X El 8. A remittance form (PD7A) must be sent to the federal government once every pay period. True or lase? 9. Why do some firms purchase payroll software or payroll services! 10. Employers must complete thetr T4 Summanes na later than two months after the end of their fiscal year. True or false?! 11. An employer can decide whether to pay Employer Ilealth Tax. True or lalze