Question: MULTIPLE CHOICE (20 marks) Choose the one alternative that best completes the statement or answers the question. 10 questions, 2 marks each 11 If the
MULTIPLE CHOICE (20 marks) Choose the one alternative that best completes the statement or answers the question. 10 questions, 2 marks each 11 If the TD1 form is not available, the employer should assume the basic personal tax exemption is being claimed, which is: A) Claim code 0 B) Claim code 1 c) Claim code 2 D) Claim code X 11 12 which of the following is one of the major types of computerized processing 12 systems? A) Stand-alone computer systems B) Hybrid integrated systems C) Integrated management systems D) All of the above 13 If an employee's pensionable income is $3,000 monthly, his/her monthly contributory income is: 13 A) $3,000 16 Anna just got two job offers. Company A offers her $2,000 bi-weekly. Company B offers her $2,150 semi-monthly. Which one of the following statements is true? A) Company A pays more than Company B B) Company A pays less than Company B c) Company A pays the same as Company B D) All of the above 17 Which of the following is the common principle, to provide benefits for workers injured in the workplace, based on recommendations by Sir William Ralph Meredith in 1913? A) Inclusive jurisdiction B) Government-funded board C) Collective liability D) All of the above 16 17 18 Calculate the provincial health tax in Manitoba for an employer with $2,000,000 of annual payroll using 2022 rates: 18 A) 10,750 B) 32,250 C) 43,000 D) 86,000 B) $2,932.70 C) $2,854.17 D) $2,708.34 14 To calculate net taxable earnings, which of the following deductions are allowed? 14 A) Union dues deducted from this pay cycle B) Employee contributions to a registered pension plan (deduction for this pay cycle) c) Charitable donations D) A and B E) All of the above 19 Sonia works on a salary plus commission basis. Her salary is $23,400 a year. One week she grossed $650 She had sold $2,611 worth of merchandise. What is her rate of commission? A)7.14% B)7.50% C)7.66% D)8.00% 20 Which of the following information is NOT presented on a T4 information slip? A) Employee's SIN number B) Income tax deducted C) Employee's El premiums and CPP or QPP contributions D) None of the above 19 20
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