An imprest payroll bank account is: a. A bank account where a company only deposits sufficient funds

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An imprest payroll bank account is:

a. A bank account where a company only deposits sufficient funds to process net payroll transactions.

b. A bank account that processes all payroll withholding transactions.

c. A bank account devoted to all payroll transactions.

d. A bank account where a company only deposits sufficient funds to process gross payroll amounts.

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Related Book For  answer-question

Auditing A Practical Approach with Data Analytics

ISBN: 978-1119401742

1st edition

Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton

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