Match the following terms with their definitions: Time collection a. A preloaded credit card is used to

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Match the following terms with their definitions:

Time collection

a. A preloaded credit card is used to pay employees.

b. The process of gathering information about hours worked for one or more employees.

c. A web-based application wherein employees can modify certain payroll-related information.

d. Governs accounting for firms with federal government contracts in excess of $2,000.

e. A record of the time worked during a period for an individual employee.

f. Examples of companies used for outsourcing payroll processing.

g. Provided funding for the E-Verify program.

h. Payroll administration using a paper payroll register.

i. The use of an external company to track time and benefits and pay employees.

j. A person or group who examines a company’s accounting records for accuracy.

k. A way for governmental agencies to track the payroll associated with a government contract.

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Payroll Accounting 2023

ISBN: 9781264415618

9th Edition

Authors: Jeanette M. Landin, Paulette Schirmer

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