Payroll Accounting 2024, 34th Edition
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by Bernard J. Bieg, Bridget Stomberg
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Verified Chapters 1 - 7, Complete
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, CONTENTS
➢ Chapter 1: The Need for Payroll and Personnel Records
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➢ Chapter 2: Computing Wages and Salaries
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➢ Chapter 3: Social Security Taxes
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➢ Chapter 4: Income Tax Withholding
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➢ Chapter 5: Unemployment Compensation Taxes
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➢ Chapter 6: Analyzing and Journalizing Payroll
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➢ Chapter 7: Payroll Project
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,Chapter 1 l
WhichlLaw?
1. K
2. H
3. B
4. F
5. I
6. J
7. A
8. D
9. G
10. C
11. E
12. L
WhichlPayrolllLaw?
1. D
2. A
3. F
4. C
5. G
6. J
7. B
8. I
9. E
10. H
What’slEthical?
1. Answerslwilllvary.lSomelconcernslincludeldatalprivacylandlintegritylinlthelsoftwarels
witchover,ltaxlandlemployeelpaylintegritylonlthelnewlsoftware,landlemployeelpaylmeth
ods.
, 2. Answerslwilllvary.lKarsynlcouldlchooseltolignorelherlsororitylsister’slrequest,lclaimi
nglConfidentiality.lShelcouldlalsoldiscontinuelactivelparticipationlinlthelsorority.lInlan
ylcase,lKarsynlmustlnotlconsentltolherlsororitylsister’slrequestlforlconfidentiallinforma
tion.
ConfidentiallRecords
Aslthelpayrolllclerk,lyourltasklisltolprotectlthelprivacylandlconfidentialityloflthelinformationl
youlmaintainlforlthelcompany.lIflalstudentlgroup—
orlanylpersonnellasidelfromlthelcompany’slpayrolllemployeeslandlofficers—
wishesltolreviewlconfidentiallrecords,lyoulshouldldenyltheirlrequest.lIflneeded,lyoulshouldlr
eferlthelgroupltolyourldepartment’slmanagerltoldiscusslthelmatterlinlmoreldepth.lThellawslt
hatlapplyltolthislsituationlarelthelPrivacylActlofl1974,lU.S.lDepartmentloflHealthlandlHumanl
ServiceslPrivacylActl09-40-0006,lCommon-
LawlPrivacylAct,lComputerlFraudlandlAbuselAct,landlpotentiallylHIPAA.
Largelvs.lSmall
1. Largelcompanieslfacelissueslwithlmultipleldepartments,lemployeelaccessltolo
nlinelpersonnellportals,lemployeeldatalsecurity,landltimekeepinglaccuracy.
2. Forlsmalllcompanies,lpayrolllprocessinglwilllinvolvelfewerlemployeeslthanlforllar
gerlcompanies.lSmallerlcompanieslcouldlmaintainltheirlpayrolllneedslusinglcom
panylpersonnellbecauseloflthellowerlvolumelofltransactions.lLargerlcompaniesln
eedltolconsiderltheirlavailableltrainedlpayrolllaccountantslandlotherlstaffltoldeter