The last step in the payroll process for the year is
A) calculating gross pay.
B) mail the T4 Summary and the T4 Supplementary.
C) completing the payroll register.
D) mailing the record of employment.

Question

Quizplus · Accepted Answer

The T4 Summary and the T4 Supplementary forms are required to be mailed to the Canada Revenue Agency (CRA) by the end of February following the end of the calendar year. This is the final step in the annual payroll process as it summarizes the total amounts paid to employees and the deductions made throughout the year. Once these forms are mailed, the payroll process for the year is complete.

The Last Step in the Payroll Process for the Year