, CONTENTS
➢ Chapter1:TheNeedforPayrollandPersonnelRecords
➢ Chapter2:ComputingWagesandSalaries
➢ Chapter3:SocialSecurityTaxes
➢ Chapter4:IncomeTaxWithholding
➢ Chapter5:UnemploymentCompensationTaxes
➢ Chapter6:AnalyzingandJournalizingPayroll
➢ Chapter7:PayrollProject
,Chapter1
Which#lLaw?
1. l # l # K
2. l # l # H
3. l # l # B
4. l # l # F
5. l # l # I
6. l # l # J
7. l # l # A
8. l # l # D
9. l # l # G
10. l#C
11. l#E
12. l#L
Which#l Payroll#l Law?
1. D
2. A
3. F
4. C
5. G
6. J
7. B
8. I
9. E
10. H
What’s#l Ethical?
1. Answers#l will#l vary.#l Some l#concerns#l includeIdata#l privacy#l and #l integrityIin#l theIsoftware l#sw
l# itchover, l#taxIand l#employee l#payintegrityon l#the l#newIsoftware, l#and l#employee
paymetho l#ds.
l#
, 2. Answers l#will l#vary. l#Karsyn l#could l#choose l#to l#ignore l#herIsororityIsister’s l#request,
l# claimi l#ngConfidentiality. l#She l#could l#also l#discontinue l#active l#participation l#in l#the
sorority. l#In l#an l#y l#case,Karsyn l#must l#not l#consentIto l#herIsororitysister’s l#request
l#
forIconfidential l#informa l#tion.
l#
Confidential l#Records
As#ltheIpayrolll#clerk,#lyourItaskIisl#toIprotectIthe#lprivacy#land#lconfidentiality#lofIthe#linformation#ly
l# oumaintain l#forIthe l#company. l#If l#a l#student l#group—
or#l anyIpersonnel l#asideIfrom l#the#l company’s #l payroll#l employees#l and l#officers—
wishes l#to l#review l#confidential l#records, l#you l#should l#deny l#their l#request. l#If l#needed, l#you
should l#r l#efer l#the l#group l#to l#yourdepartment’s l#managerto l#discuss l#the l#matterin l#more
l#
depth. l#The l#laws l#t l#hat l#applyIto l#thisIsituation l#are l#the l#PrivacyIActIof l#1974, l#U.S.
l#
l# DepartmentIofIHealth l#and l#Human l#Services l#Privacy l#Act l#09-40-0006, l#Common-
LawIPrivacy#l Act, #l ComputerIFraud l#and l#Abuse#l Act, #l and l#potentially#lHIPAA.
Large#lvs.#lSmall
1. Large l#companies l#face l#issues l#with l#multiple l#departments, l#employeeaccess
l# to o
l# nlinepersonnel
l# portals,
l# employee
l# data
l# security,
l# and
l#
timekeepingaccuracy.
l#
2. For l#small l#companies, l#payroll l#processing l#will l#involve l#fewer l#employees l#than l#for
lar l#ger l#companies. l#Smaller l#companies l#could l#maintain l#their l#payroll l#needs
l#
using l#com l#pany l#personnel l#because l#of l#the l#lower l#volumeIof l#transactions.
l#
l# Larger l#companies l#n l#eed l#to #l consider #l their #l available #ltrained #l payroll #laccountants
➢ Chapter1:TheNeedforPayrollandPersonnelRecords
➢ Chapter2:ComputingWagesandSalaries
➢ Chapter3:SocialSecurityTaxes
➢ Chapter4:IncomeTaxWithholding
➢ Chapter5:UnemploymentCompensationTaxes
➢ Chapter6:AnalyzingandJournalizingPayroll
➢ Chapter7:PayrollProject
,Chapter1
Which#lLaw?
1. l # l # K
2. l # l # H
3. l # l # B
4. l # l # F
5. l # l # I
6. l # l # J
7. l # l # A
8. l # l # D
9. l # l # G
10. l#C
11. l#E
12. l#L
Which#l Payroll#l Law?
1. D
2. A
3. F
4. C
5. G
6. J
7. B
8. I
9. E
10. H
What’s#l Ethical?
1. Answers#l will#l vary.#l Some l#concerns#l includeIdata#l privacy#l and #l integrityIin#l theIsoftware l#sw
l# itchover, l#taxIand l#employee l#payintegrityon l#the l#newIsoftware, l#and l#employee
paymetho l#ds.
l#
, 2. Answers l#will l#vary. l#Karsyn l#could l#choose l#to l#ignore l#herIsororityIsister’s l#request,
l# claimi l#ngConfidentiality. l#She l#could l#also l#discontinue l#active l#participation l#in l#the
sorority. l#In l#an l#y l#case,Karsyn l#must l#not l#consentIto l#herIsororitysister’s l#request
l#
forIconfidential l#informa l#tion.
l#
Confidential l#Records
As#ltheIpayrolll#clerk,#lyourItaskIisl#toIprotectIthe#lprivacy#land#lconfidentiality#lofIthe#linformation#ly
l# oumaintain l#forIthe l#company. l#If l#a l#student l#group—
or#l anyIpersonnel l#asideIfrom l#the#l company’s #l payroll#l employees#l and l#officers—
wishes l#to l#review l#confidential l#records, l#you l#should l#deny l#their l#request. l#If l#needed, l#you
should l#r l#efer l#the l#group l#to l#yourdepartment’s l#managerto l#discuss l#the l#matterin l#more
l#
depth. l#The l#laws l#t l#hat l#applyIto l#thisIsituation l#are l#the l#PrivacyIActIof l#1974, l#U.S.
l#
l# DepartmentIofIHealth l#and l#Human l#Services l#Privacy l#Act l#09-40-0006, l#Common-
LawIPrivacy#l Act, #l ComputerIFraud l#and l#Abuse#l Act, #l and l#potentially#lHIPAA.
Large#lvs.#lSmall
1. Large l#companies l#face l#issues l#with l#multiple l#departments, l#employeeaccess
l# to o
l# nlinepersonnel
l# portals,
l# employee
l# data
l# security,
l# and
l#
timekeepingaccuracy.
l#
2. For l#small l#companies, l#payroll l#processing l#will l#involve l#fewer l#employees l#than l#for
lar l#ger l#companies. l#Smaller l#companies l#could l#maintain l#their l#payroll l#needs
l#
using l#com l#pany l#personnel l#because l#of l#the l#lower l#volumeIof l#transactions.
l#
l# Larger l#companies l#n l#eed l#to #l consider #l their #l available #ltrained #l payroll #laccountants
