Which of the following statements regarding the "1 percent training law" is correct?
A) regardless of size, all companies in Quebec have to contribute to the 1 percent fund
B) information about the participation of employees in training must be documented, and detailed information must be kept on file
C) the law applies only to companies with annual revenues of $1 million or more
D) the law applies only to organizations registered to do business across Canada

Question

Quizplus · Accepted Answer

The "1 percent training law" in Quebec requires companies to contribute 1 percent of their total payroll to a fund to support employee training. In addition, information about the participation of employees in training must be documented and kept on file by the company. The law applies to all companies in Quebec, regardless of size or revenue. It does not only apply to organizations registered to do business across Canada.

Which of the Following Statements Regarding the "1 Percent Training