When CPP Amounts Are Missing from Payroll Journal Entries Only

question 19

Multiple Choice

When CPP amounts are missing from payroll journal entries only in the December paycheques,it may be because -

• A)you entered the historical amount incorrectly
• B)the employee's date of birth is incorrect
• C)the employee has already paid the maximum amount for the year
• D)all of the above

---

Definitions:

Item's Cost

The purchase price or production cost of an item, including expenses directly attributable to its acquisition or manufacture.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded for a fixed asset over its useful life.

Disposal

The act of selling or getting rid of an asset or a portion of a business.

Laptop Computer

A portable personal computer with a screen and alphanumeric keyboard.