Which One of the Following Statements About Payroll Is Incorrect

question 26

Multiple Choice

Which one of the following statements about payroll is incorrect -

• A) you must record an hourly rate, salary or commission to process a paycheque
• B) the program calculates EI, CPP and Income Tax based on federal tax tables
• C) you must enter amounts for RRSP and Medical manually in the payroll journals
• D) the payroll ledgers do not have a single control account

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