Question: Discuss the payroll accounting terms or concepts listed below. Explain their functions/uses and give specific examples where applicable. (Each item is worth four points ).
Discuss the payroll accounting terms or concepts listed below. Explain their functions/uses and give specific examples where applicable. (Each item is worth four points).
Please number your responses in the order they are given below:
1. Medicare
2. Circular E
3. Cafeteria plan
4. Pay-as-you-go
5. Fair Labor Standards Act
6. Piecework system
7. Statutory employees
8. Title XII advances
9. Payroll register
10. Voluntary deductions
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