Payroll Accounting 2024, 34th Edition
by Bernard J. Bieg, Bridget Stomberg, Chapters 1 - 7
, CONTENTS
Chapter 1: The Need for Payroll and Personnel Records
SK SK SK SK SK SK SK SK
Chapter 2: Computing Wages and Salaries
SK SK SK SK SK
Chapter 3: Social Security Taxes
SK SK SK SK
Chapter 4: Income Tax Withholding
SK SK SK SK
Chapter 5: Unemployment Compensation Taxes
SK SK SK SK
Chapter 6: Analyzing and Journalizing Payroll
SK SK SK SK SK
Chapter 7: Payroll Project
SK SK SK
,Chapter 1 SK
Which Law?
SK
1. K
2. H
3. B
4. F
5. I
6. J
7. A
8. D
9. G
10. C
11. E
12. L
Which Payroll Law?
SK SK
1. D
2. A
3. F
4. C
5. G
6. J
7. B
8. I
9. E
10. H
What’s Ethical?
SK
1. Answers will vary. Some concerns include data privacy and integrity in the softwar
SK SK SK SK SK SK SK SK SK SK SK SK
e switchover, tax and employee pay integrity on the new software, and employee pay
SK SK SK SK SK SK SK SK SK SK SK SK SK SK
methods.
, 2. Answers will vary. Karsyn could choose to ignore her sorority sister’s request, cla
SK SK SK SK SK SK SK SK SK SK SK SK
imingConfidentiality. She could also discontinue active participation in the sorority. I
S
K SK SK SK SK SK SK SK SK SK SK
n any case,Karsyn must not consent to her sorority sister’s request for confidential i
SK SK S
K SK SK SK SK SK SK SK SK SK SK SK
nformation.
Confidential Records SK
As the payroll clerk, your task is to protect the privacy and confidentiality of the informatio
SK SK SK SK SK SK SK SK SK SK SK SK SK SK SK
n youmaintain for the company. If a student group—
SK S
K SK SK SK SK SK SK SK
or any personnel aside from the company’s payroll employees and officers—
SK SK SK SK SK SK SK SK SK SK
wishes to review confidential records, you should deny their request. If needed, you shoul
SK SK SK SK SK SK SK SK SK SK SK SK SK
d refer the group to your department’s manager to discuss the matterin more depth. The l
SK SK SK SK SK SK SK SK SK SK SK S
K SK SK SK SK
aws that apply to this situation are the Privacy Act of 1974, U.S. Departmentof Health and
SK SK SK SK SK SK SK SK SK SK SK SK SK S
K SK SK SK
Human Services Privacy Act 09-40-0006, Common-
SK SK SK SK SK
Law Privacy Act, Computer Fraud and Abuse Act, and potentially HIPAA.
SK SK SK SK SK SK SK SK SK SK
Large vs. Small SK SK
1. Large companies face issues with multiple departments, employee access t
SK SK SK SK SK SK SK SK SK
o onlinepersonnel portals, employee data security, and timekeeping accura
SK S
K SK SK SK SK SK SK SK
cy.
2. For small companies, payroll processing will involve fewer employees than for l
SK SK SK SK SK SK SK SK SK SK SK
arger companies. Smaller companies could maintain their payroll needs using
SK SK SK SK SK SK SK SK SK SK
company personnel because of the lower volume of transactions. Larger comp
SK SK SK SK SK SK SK SK SK SK
anies need to consider their available trained payroll accountants and other staf
SK SK SK SK SK SK SK SK SK SK SK
f to determine if theycan reliably handle the volume of payroll needs in a timely a
SK SK SK SK S
K SK SK SK SK SK SK SK SK SK SK SK
nd accurate manner.
SK SK