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Match the correct explanations Levied on employees by the federal and provincial governments A payroll cost designed to provide income protection for a limited period

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Match the correct explanations Levied on employees by the federal and provincial governments A payroll cost designed to provide income protection for a limited period of time to employees who are temporarily laid off This plan provides supplementary disability, retirement, and death benefits to qualifying Canadians An agreement whereby an employer provides benefits to employees after they retire 1. Current liability 2. Notes payable 3. Statement of remuneration paid (Form T4) 4. Sales taxes 5. Contingent liability 1 6. Payments by employers to retired employees Taxes levied on sales to customers Federal and provincial income taxes, CPP and El 7 Canadian Pension Plan (CPP) Lariauialis 3. Statement of remuneration paid (Form T4) 4. Sales taxes 5. Contingent liability 6. Federal and provincial income taxes, CPP and El 7. Canadian Pension Plan (CPP) 8. Employment insurance An agreement whereby an employer provides benefits to employees after they retire Payments by employers to retired employees Taxes levied on sales to customers A debt that can reasonably be expected to be paid from current assets A potential liability that may become an actual liability in the future An obligation in the form of a written promissory note A form showing employment income, CPP contributions, El premiums, and income tax deducted for the year, in addition to other voluntary deductions 9. Post retirement benefits 10. Pension plan

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