Compensation Packages to a New Employee Are Likely to Include

question 48

Multiple Choice

Compensation packages to a new employee are likely to include all of the following except:

• A)Child care and household cleaning services.
• B)Insurance and vacation pay.
• C)Retirement contributions and profit sharing.
• D)Packing and moving of all household furnishings and equipment.
• E)Education benefits.

---

Definitions:

Average Number

A value found by summing a set of numbers and then dividing by the count of numbers in the set.

Employees

Individuals who are hired by a business or organization to perform specific tasks in exchange for compensation.

GST Remittance

This is the process of sending the collected Goods and Services Tax to the governing tax authority.

GST Returns

The periodic filing with the taxation authority detailing sales, the GST collected on sales, and the GST paid on purchases.