Question 1: Who are the stakeholders that you should consult with if you identify a payroll discrepancy?
Question:
Question 1: Who are the stakeholders that you should consult with if you identify a payroll discrepancy?
Question 2: What information should you keep records of when entering employee pay period details?
Question 3: What is an employee allowance? Provide three examples.
Question 4: What is Gross Pay? How would you calculate it?
Question 5: What are the steps of calculating employee payments for a pay period?
Question 6: What are the benefits of adhering to organisational policies, procedures and designated timelines when preparing payroll?
Question 7: How can you reconcile wages for a pay period?
Question 8: What are the three commonly used methods of paying wages?
Question 9: What information should be included in the payslip?
Question 10: Please describe the following about Single Touch Payroll (STP).
a. What is STP? b. What are the employer's benefits of using STP? c. What are the employee's benefits? d. How can an employer report payroll through STP?
Question 11: According to the Fair Work Ombudsman (Australia), organisations must keep various payroll records. What information that should be included?
Question 12: Addressing the questions below
12-1: What security measures could you suggest to protect payroll records?
12-2: What key principles should you adhere to when responding to payroll enquiries?
12-3: Protecting employees' payroll records is a legal obligation for employers. However, under specific circumstances, the organisation could be obliged to disclose an employee's payroll information to a third party. What are three situations where this is true?
12-4: Why should you refer queries outside your area of responsibility to someone else?
12-5: Research information must be processed and forwarded to ATO within ATO's set timelines. Why?
Question 13: Please list and briefly describe three legislative requirements relating to payroll?
Question 14: What are the key features of different types of payroll systems?
Managing Business Ethics Making Ethical Decisions
ISBN: 9781506388595
1st Edition
Authors: Alfred A. Marcus, Timothy J. Hargrave