Reference no: EM132476187

Question 1. Mary has a job as waitress at a small restaurant. Tips are pooled in a jar and distributed back to employees at the end of each shift by the manager. These tips are not considered taxable income because they are funded by the patrons rather than the owner of the business. T or F

Question 2. The employer may choose any pay cycle they like. T or F

Question 3. Salaried employees are paid based on the number of hours worked in a pay cycle. T or F

Question 4. Pay cycles are standardized in Canada. T or F

Question 5. Taxable benefits are cash amounts paid to employees in exchange for working. T or F

Question 6. The employment contract may express payment in any method imagined (for example: per hour, per year, per unit, per dollar sold, per telephone call, per page written, etc.).

Question 7. Tips are considered to be a form of earnings. T or F