ACCOUNTING 2024 34TH EDITION BY
BIEG|TOLAND|STOMBERG
, CON TENTS
CHAP TER 1: T HE N EED F OR P AYROLL AN D P ERSONNEL RECORDS
CHAP TER 2: COMP UTING WAGES AN D SALARIES
CHAP TER 3: SOCIAL SECU RITY T AXES
CHAP TER 4: IN COME T AX WITHHOLDING
CHAP TER 5: U N EMPLOYMENT COMPENSATION T AXES
CHAP TER 6: AN ALYZING AN D JOURNALIZING P AYROLL
CHAP TER 7: P AYROLL P ROJECT
,Chapter 1
Which L aw?
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 P ayroll L aw?
1. D
2. A
3. F
4. C
5. G
6. J
7. B
8. I
9. E
10. H
What’s Ethical?
1. Answers Will Vary. Som e Concerns Include Data P rivacy And Integrity In T he
Software Switchover, T ax And Em ployee P ay Integrity On T he N ew Software, And
Em ployee P ay Methods.
, 2. Answers Will Vary. Karsyn Could Choose To Ignore Her Sorority Sister’s Request,
Claim ing Confidentiality. She Could Also Discontinue Active Participation In The
Sorority. In Any Case, Karsyn Must Not Consent To Her Sorority Sister’s Request
F or Confidential Information.
Confidential Records
As T he P ayroll Clerk, Your T ask Is T o P rotect T he P rivacy And Confidentiality Of
T he Information Youm aintain F or T he Com pany. If A Student Group—Or Any
P ersonnel Aside F rom T he Com pany’s P ayroll Em ployees And Officers—Wishes
T o Review Confidential Records, You Should Deny T heir Request. If N eeded, You Should
Refer T he Group T o Your Department’s Manager T o Discuss T he Matterin More Depth.
T he L aws T hat Apply T o T his Situation Are T he P rivacy Act Of 1974, U . S.
Departmentof Health And Hum an Services P rivacy Act 09-40-0006, Common-Law P rivacy
Act, Com puter F raud And Abuse Act, And P otentially HIPAA.
L arge Vs. Sm all
1. L arge Com panies F ace Issues With Multiple Departments, Em ployee Access
T o Onlineuupersonnel P ortals, Em ployee Data Security, And T imekeeping
Accuracy.
2. F or Sm all Com panies, P ayroll P rocessing Will Involve F ewer Em ployees T han
F or L arger Com panies. Sm aller Com panies Could Maintain T heir