The Payroll Journal Entries for Different Employees -

question 6

Multiple Choice

The payroll journal entries for different employees -

• A) must link the wages for all employees to the same wage expense account
• B) must link the EI expenses for all employees to the same EI expense account
• C) must use a single expense account for regular wages, salary and commissions
• D) none of the above

---

Definitions:

Marketing Rights

The permissions or licenses which a business or individual owns to market or sell a specific product, service, or intellectual property within a given territory.

Dominant Strategy

A dominant strategy is the best course of action for a player no matter what the other players do, in game theory and economic strategy.

Nash Equilibria

A concept in game theory where no player can benefit by changing strategies if others keep their strategies unchanged.

Subsidized Payoffs

Financial benefits provided, often by a government, to support or encourage certain activities or reduce associated costs.