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The yearly maximum deduction for CPP premiums is $3,166.45. A 32-year-old employee has a GPTI of $1500 per week, is paid weekly, and has
The yearly maximum deduction for CPP premiums is $3,166.45. A 32-year-old employee has a GPTI of $1500 per week, is paid weekly, and has worked for the company for over 4 years. 8. On which paycheque (eg: 1st, 15th, etc.) will she hit the maximum? a. 3rd b. 39th C. 40th d. 41st e. None of the above 9. How much will the final deduction be for CPP on that paycheque? a. 0 b. $43.25 C. $62.55 d. $78.08 e. None of the above
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Introduction to Financial Accounting
Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick
11th edition
978-0133251111, 013325111X, 0133251039, 978-0133251036
