1. If you are a new business and did not have any remittances due 2 years ago, your remittance for amounts deducted on the January 14th pay is due on:

Multiple Choice

April 15

February 15

January 14

January 25

The 3rd business day following January 14

2. The largest and most frequent disbursement of payroll funds is typically for

Multiple Choice

Remittance to unions

Remittance to charities

Remittance to Canada Revenue Agency

Net pay to employees

RRSP contributions to financial institutions

3. If your average monthly remittance in the 2nd preceding year was $24,500 you must remit amounts owed to the Canada Revenue Agency

Multiple Choice

Annually

Quarterly

Monthly

Semi-monthly (Accelerated 1)

Weekly (Accelerated 2)

4. If your average monthly remittance in the 2nd preceding year was $2,500 you must remit amounts owed to the Canada Revenue Agency

Multiple Choice

Annually

Quarterly

Monthly

Semi-monthly (Accelerated 1)

Weekly (Accelerated 2)

5.An Ontario employer with annual insurable earnings of $15,000 would be required to remit workers' compensation premiums for the month of April by:

Multiple Choice

April 30th

May 31st

June 30th

July 31st

April 30th of the following year