Review Questions
How does the employer's choice of payroll cycle impact earnings calculations? LO
What does the term salary mean in common usage compared to the use of the word by the CRA? LO
How can vacation pay be calculated and included in employees' earnings? LO
What is the difference between a taxable and a nontaxable allowance?
What are taxable benefits? LO
Assessment Questions
Employment carnings include: LOI
a Wages
b Salary
c Gratuities when distributed by the employer
d All of the above
The following would not be considered wages: G LO
a Callin pay
b Personal use of an employer's automobile
c Piecework payment
d Overtime
If an employee earns a salary of $ per year, their biweekly pay cycle salary would be:
a $
b $
c $
d $
If an employee earns a salary of $ per year, their semimonthly pay cycle salary would be:
a $
b $
c $
d $
If an employee in British Columbia works hours one day when their normal day is hours and their hourly rate is $ how much
is their total pay for the day? @ LO
a $
b $
c $
d $
