Question: 1. A current liability is expected to be paid within: a) 1 year b) 2 years c) 6 months d) All of the above 2.

1. A current liability is expected to be paid within: a) 1 year b) 2 years c) 6 months d) All of the above 2. T of F-A line of credit can be drawn upon when needed? 3. T or F-Payroll deductions create the difference between gross and net pay? 4. T or F-Gross pay is the amount employees see in their bank account? 5. Employees are responsible for paying: a) El b) WSIB c) None of the above d) Both a) and b) above

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