MATCH THE FOLLOWING TERMS WITH THEIR DEFINITIONS: Manual payroll Time card Payroll administration using a paper payroll
Question:
MATCH THE FOLLOWING TERMS WITH THEIR DEFINITIONS:
Manual payroll | |
Time card | Payroll administration using a paper payroll register |
Paycard | A pre-loaded credit card used to pay employees |
Employee Internet portal | The use of an external company to track time and benefits and pay employees |
Certified Payroll | A way for governmental agencies to track the payroll associated with a government contract |
Outsourced payroll | Governs accounting for firms with federal government contracts in excess of $2,000 |
Auditor | A person or group who examines a company’s accounting records for accuracy |
ADP and Paychex® | The process of gathering information about hours worked for one or more employees |
Time collection | Examples of companies used for outsourcing payroll processing |
Davis-Bacon Act | A record of the time worked during a period for an individual employee |
Step by Step Answer:
Payroll Accounting 2018
ISBN: 978-1259742514
4th edition
Authors: Jeanette Landin, Paulette Schirmer