How will impact the statutory remittance schedule

Assignment Help Managerial Accounting
Reference no: EM132605268

The organizations' Controller has received a notice from the Canada Revenue Agency (CRA) advising that the organization will be changing from an Accelerated threshold 1 remitter to an Accelerated threshold 2 remitter effective with the first pay of the new year. The Controller has asked you to provide an explanation of why this change has occurred.

Question 1: In addition, she wants to understand how this will impact the statutory remittance schedule. Using the Current Year calendar in the course material, provide specifics of when the remittances are due for the January and February bi-weekly payrolls starting with the first pay date of the new year which is Friday January 5th.

Reference no: EM132605268

Questions Cloud

What leads to the service failure : Consider such dimensions as tangibles, reliability, responsiveness, assurance, or empathy.
Replenishment philosophy of inventory management : What is the difference between a requirements philosophy and a replenishment philosophy of inventory management?
Manufacturing and services operations : Why does designing a supply chain (for a specific organization of your choice) determine quality, cost, and delivery?
Draft a policy guidelines or procedures : Draft a policy, guidelines or procedures that can ensure any personal or social contact with workers does not adversely affect the supervision process
How will impact the statutory remittance schedule : How will impact the statutory remittance schedule. Using the Current Year calendar in the course material, provide specifics of when the remittances
What are examples of gastronomy and wine tourism : What are examples of gastronomy and wine tourism?
How large would enrollment have to be for the university : If students pay $550 to enroll in the course, how large would enrollment have to be for the university to break even?
How do the attitudes influence your behavior : Consider some of your attitudes toward people, products, or other attitude objects. Are your attitudes strong or weak? Are they determined more by affect.
What information would you use to develop the system : How might you evaluate whether it was effective? What information would you use to develop the system?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Explain the activity variances

Prepare a flexible budget performance report that shows both activity variances and revenue and spending variances for the pizzeria for October.

  What budgeted fixed overhead amount company use

What equation should be used to answer the below: What budgeted fixed overhead amount did the Cope Company use in calculating the overhead rate

  Define the value-proposition budgeting

Define the Value-proposition budgeting, Activity-based budgeting and Zero-based budgeting types of budgeting and give example of each

  What boone hobbies budgeted purchases for next month

What Boone Hobbies budgeted purchases for next month is expected to be? Boone Hobbies, a wholesaler, has a sales budget for next month of $600,000.

  Explain why using a measure of profit to evaluate

Explain why using a measure of profit to evaluate performance can lead to over-investment and why using a measure of return on investment (ROI) can lead

  Acc310 kindly include references where required apa

kindly include references where required apa

  Determine the denominators to be used in the calculations

Determine the denominators to be used in the calculations of cost per equivalent unit for material and conversion costs.

  Draw on secondary research

Develop your discipline knowledge beyond that acquired in your role, and your skills as a critical enquirer and problem solve

  What will be the effect on net income

Garner has sufficient unused capacity to produce the 3,000 scales. If the special order is accepted, what will be the effect on net income

  Find What planners achieve the MOST benefit from

If initial budgets prove unacceptable, planners achieve the MOST benefit from? repeating the budgeting cycle with a new set of decisions.

  Determine what falls under period costs

Determine What falls under period costs and determine with an proper examples? Can a dryer and dog grooming tub be considered a period costs?

  Factors impact upon productive performance

Explain how and why all these factors impact upon productive performance and evaluate how a manager may be able to impact upon the processes

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd