CPP Offers

question 82

Multiple Choice

CPP offers

• A)a full survivor benefit to the spouse of a recipient who was receiving CPP on death.
• B)the option of collecting it up to five years early with a reduced benefit.
• C)an exclusions of 30 percent of your lowest earning years in the calculation of your CPP entitlement.
• D)the GIS benefit for low income seniors.

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Definitions:

Accounting Cycle

The collective process of recording and processing the accounting events of a company, from when the transaction occurs, to its representation in the financial statements, followed by closing the accounts.