Quelpr
2 marksPayroll Accounting

CSEC Principles of Accounts · May/June 2014 · Paper 2 · Question 7(b)

Distinguish between 'voluntary deductions' and 'statutory deductions'.

The mark scheme is shown once you've answered.

Practise this question

Other parts of this question

  1. 7(a)List TWO basic source documents used in preparing payrolls.[2 marks]
  2. 7(c)Complete the Pets Plus Payroll Sheet for the week ended 26 April 2014 using the provided rates: overtime at 1.5 × normal rate, social security 5% (tax…[16 marks]

More practice: the rest of this paper · more Payroll Accounting questions · all CSEC Principles of Accounts past papers