The Amount of CPP to Be Deducted from an Employee

question 101

Multiple Choice

The amount of CPP to be deducted from an employee with earnings this week of $800 and cumulative earnings for the year of $21,000 would be

• A) $0.00.
• B) $36.27.
• C) $39.60.
• D) $234.46.

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Definitions:

Quality Problem

Issues or defects in a product or service that fail to meet specified quality standards, potentially leading to customer dissatisfaction.

Additional Cost

Expenses that are not initially planned or expected but arise during the course of a project or business operation.

Inventories

Items owned that are intended to be sold as part of normal operations, currently being manufactured for sale, or are materials or supplies meant for use in manufacturing or providing services.

Managed Efficiently

The state of being controlled or directed in a manner that maximizes productivity and minimizes waste or unnecessary effort.