Exercise $1-9$A $($Static$)$

Choose the correct definition for paycard.

Multiple Choice

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

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

A preloaded credit card is used to pay employees.

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

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