Reference no: EM132959280
Problem 1: If the employee has $40 withheld from their cheque for CPP, what is the amount that the employer would need to pay for CPP?
A) $200
B) $100
C) $40
D) $400
Problem 2: Carrie Stein's hourly wage is $40.00, and she worked 43 hours during the week. Assuming an overtime rate of time and a half over 40 hours, Carrie's gross pay is?
A) $1,780
B) $1,720
C) $2,580
D) $1,600
Problem 3: If the employees have had $200 in CPP contributions and $300 in EI contributions deducted from their paycheques, then the Employer's Benefits Expense would be
A) $500.
B) $580.
C) $620.
D) $700.
Problem 4: When remitting CPP, the entry would be
A) debit Cash, credit CPP Payable.
B) debit CPP Expense, credit Cash.
C) debit CPP Payable, credit Cash.
D) debit Cash, credit CPP Expense.
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