Reference no: EM132668701

Problem 1: What happens when the employee year-to-date amounts for statutory deductions reach the legislated annual amount limit?

a. The employer is required to turn off automatic deductions

b. The deductions are recorded into a separate account and then refunded to the employee

c. The program automatically stops deducting those amounts

d. The government will send out a reminder to the employer to stop making deductions

Problem 2: What is the employer premium amount for Employment Insurance (EI)?

a. 1.4 times the employee premium

b. An amount matching the employee premium

c. 2.2 times the employee premium

d. 50% of the employee premium

Problem 3: What is the employer contribution amount for Canada Pension Plan (CPP)?

a. 1.4 times the employee contribution

b. An amount matching the employee contribution

c. 2.2 times the employee contribution

d. 50% of the employee contribution