Examlex

Solved

A Company Has 10 Employees Who Earned a Total of $30,000

question 26

Multiple Choice

A company has 10 employees who earned a total of $30,000 in January ($3,000 each) .CPP taxes are 4.95% paid by employees and 4.95% paid by the employer. Income tax withholdings amount to $4,500. The employee EI rate is 1.88% of the total, and the employer EI contribution is 1.4 times the employee portion. The gross pay of the 10 employees during January is:


Definitions:

Questionnaire

A research instrument composed of a series of questions and other prompts for the purpose of gathering information from respondents.

Psychological Test

An objective and standardized measure of a sample of behavior used to assess psychological constructs such as cognitive abilities and emotional functioning.

Experimental Approach

A method of research in which variables are manipulated to observe effects on other variables, often used to determine cause-and-effect relationships.

Correlational Approach

A research method that examines the relationship between two or more variables to determine if they are associated, without inferring causality.

Related Questions