Which is one of the factors that is considered when deciding whether a person is an employee or is self-employed?

A. The person reports to work 8 hours per day

B. The person complies to company policy and has lunch with rest of employees every day

C. The person uses the companys tools & equipment to conduct all his duties

D. The person gets paid bi-weekly like other employees

A.

The person reports to work 8 hours per day

B.

The person complies to company policy and has lunch with rest of employees every day

C.

The person uses the companys tools & equipment to conduct all his duties

D.

The person gets paid bi-weekly like other employees

Clear my choice

Question 12

Not yet answered

Marked out of 1.67

Flag question

Question text

Calculate the companys remittance or refund from CRA if its quarterly revenues are $80,000 and total taxable expenses are $82,000.

A. $10,400

B. $10,660

C. $260

D. $2,000

A.

$10,400

B.

$10,660

C.

$260

D.

$2,000

Clear my choice

Question 13

Not yet answered

Marked out of 1.67

Flag question

Question text

If an employee is not dealing at arms-length with the employer, it is most likely that:

A. The employee is spouse of the employer

B. The employees E. I. premiums will be deducted from her pay

C. The employees E. I. premiums will not be deducted from her pay

D. The employee will be designated as a self-employed person

A.

The employee is spouse of the employer

B.

The employees E. I. premiums will be deducted from her pay

C.

The employees E. I. premiums will not be deducted from her pay

D.

The employee will be designated as a self-employed person

Clear my choice

Question 14

Not yet answered

Marked out of 1.67

Flag question

Question text

Which of the following is classified as Special Payments by CRA?

A. Bi-Weekly pay by employer

B. Annual bonus received from employer

C. Gratuities received by an employee

D. Taxable benefits received by an employee

A.

Bi-Weekly pay by employer

B.

Annual bonus received from employer

C.

Gratuities received by an employee

D.

Taxable benefits received by an employee

Clear my choice

Question 15

Not yet answered

Marked out of 1.62

Flag question

Question text

If the federal government removes its GST on goods and services, what would be the total HST that an Alberta resident will end up paying on goods and services purchased in Alberta?

A. 5%

B. Zero

C. 8%

D. 13%

A.

5%

B.

Zero

C.

8%

D.

13%

Clear my choice