Canadian Edition by Alan Dryden - Test Bank
Chapter (1 to 12)
,Content: _
Chapter 01 Test Bank
Chapter 02 Test Bank
Chapter 03 Test Bank
Chapter 04 Test Bank
Chapter 05 Test Bank
Chapter 06 Test Bank
Chapter 07 Test Bank
Chapter 08 Test Bank
Chapter 09 Test Bank
Chapter 10 Test Bank
Chapter 11 Test Bank
Chapter 12 Test Bank
,File: Chapter 01 Test Bank
True/False
[QUESTION]
1. Failing to deduct statutory withholdings from employee payments can result in fines,
penalties and interest charges.
Ans: True
Learning Objective: 01-01
Topic: 01-02
Difficulty: Easy
Accessibility: Keyboard Navigation
[QUESTION]
2. Employers who do not deduct statutory withholdings from employee payments have
nothing to worry about.
Ans: False
Learning Objective: 01-01
Topic: 01-02
Difficulty: Easy
Accessibility: Keyboard Navigation
[QUESTION]
3. Employers who fail to deduct proper withholdings from employee payments may be
forced to take on the cost of these missed deductions.
, Ans: True
Learning Objective: 01-01
Topic: 01-02
Difficulty: Easy
Accessibility: Keyboard Navigation
[QUESTION]
4. Payments for employees are processed through accounts payable and do not require
any statutory payroll deductions.
Ans: False
Learning Objective: 01-01
Topic: 01-02
Difficulty: Easy
Accessibility: Keyboard Navigation
[QUESTION]
5. Payments for self-employed workers are processed through accounts payable and do
not require any statutory payroll deductions.
Ans: True
Learning Objective: 01-01
Topic: 01-02
Difficulty: Easy
Accessibility: Keyboard Navigation
[QUESTION]
6. Employees with a Social Insurance Number beginning with a '9' are free to work in
Canada without restrictions.