SM #z7-1
SOLUTIONS MANUAL: #z
Payroll Accounting 2024 Landin 34th Edition by Bernard J. Bieg and Bridget
#z #z #z #z #z #z #z #z #z #z #z
#z Stomberg
Chapter #z1-7
Chapter #z1
Which #zLaw?
1. # z # z K
2. # z # z H
3. # z # z B
4. # z # z F
5. # z # z I
6. # z # z J
7. # z # z A
8. # z # z D
9. # z # z G
10. #zC
11. #zE
12. #zL
Which #zPayroll #zLaw?
1. D
2. A
3. F
4. C
5. G
6. J
7. B
8. I
9. E
10. H
What’s #zEthical?
1. Answers #zwill #zvary. #zSome #zconcerns #zinclude #zdata #zprivacy #zand #zintegrity #zin #zthe
#z software #zswitchover, #ztax #zand #zemployee #zpay #zintegrity #zon #zthe #znew #zsoftware, #zand
#z employee #zpay #zmethods.
© #zMcGraw #zHill #zLLC. #zAll #zrights #zreserved. #zNo #zreproduction #zor #zdistribution #zwithout #zthe #zprior #zwritten #zconsent #zof
#zMcGraw #zHill #zLLC.
.
, SM #z7-2
2. Answers #zwill #zvary. #zKarsyn #zcould #zchoose #zto #zignore #zher #zsorority #zsister’s #zrequest,
#z claiming #zConfidentiality. #zShe #zcould #zalso #zdiscontinue #zactive #zparticipation #zin #zthe
sorority. #zIn #zany #zcase, #zKarsyn #zmust #znot #zconsent #zto #zher #zsorority #zsister’s #zrequest #zfor
#z
#z confidential #zinformation.
Confidential #zRecords
As #zthe #zpayroll #zclerk, #zyour #ztask #zis #zto #zprotect #zthe #zprivacy #zand #zconfidentiality #zof #zthe
#z information #zyou #zmaintain #zfor #zthe #zcompany. #zIf #za #zstudent #zgroup—or #zany #zpersonnel #zaside
#z from #zthe #zcompany’s #zpayroll #zemployees #zand #zofficers—wishes #zto #zreview #zconfidential
#z records, #zyou #zshould #zdeny #ztheir #zrequest. #zIf #zneeded, #zyou #zshould #zrefer #zthe #zgroup #zto #zyour
department’s #zmanager #zto #zdiscuss #zthe #zmatter #zin #zmore #zdepth. #zThe #zlaws #zthat #zapply #zto #zthis
#z
#z situation #zare #zthe #zPrivacy #zAct #zof #z1974, #zU.S. #zDepartment #zof #zHealth #zand #zHuman #zServices
#z Privacy #zAct #z09-40-0006, #zCommon-Law #zPrivacy #zAct, #zComputer #zFraud #zand #zAbuse #zAct,
#z and #zpotentially #zHIPAA.
Large #zvs. #zSmall
1. Large #zcompanies #zface #zissues #zwith #zmultiple #zdepartments, #zemployee #zaccess #zto
#zonline #zpersonnel #zportals, #zemployee #zdata #zsecurity, #zand #ztimekeeping #zaccuracy.
2. For #zsmall #zcompanies, #zpayroll #zprocessing #zwill #zinvolve #zfewer #zemployees #zthan #zfor
#z larger #zcompanies. #zSmaller #zcompanies #zcould #zmaintain #ztheir #zpayroll #zneeds #zusing
#z company #zpersonnel #zbecause #zof #zthe #zlower #zvolume #zof #ztransactions. #zLarger
#z companies #zneed #zto #zconsider #ztheir #zavailable #ztrained #zpayroll #zaccountants #zand
#zother #zstaff #zto #zdetermine #zif #zthey #zcan #zreliably #zhandle #zthe #zvolume #zof #zpayroll
#z needs #zin #za #ztimely #zand #zaccurate #zmanner.
© #zMcGraw #zHill #zLLC. #zAll #zrights #zreserved. #zNo #zreproduction #zor #zdistribution #zwithout #zthe #zprior #zwritten #zconsent #zof
#zMcGraw #zHill #zLLC.
.
, SM #z7-3
What #zIs #zthe #zDifference?
a. Manual payroll systems involve the use of paper and pencil record-keeping or a
spreadsheet program, such as Microsoft Excel. This is most appropriate for very small
firms.
b. Computerized payroll systems can be used by any company, regardless of size. Examples
of computerized systems include QuickBooks, Sage 100, and Microsoft Dynamics 365
GP. These computer packages range in price, depending on the company size and
operational scope.
c. Outsourced payroll involves the engagement of a third party to manage a company’s
payroll data, issue employee compensation, and prepare tax forms.
d. Certified payroll pertains to companies with employees who work on federal government
contracts. Certified payroll ensures that a company reports payroll expenditures of
contractually allocated money.
ANSWERS TO END-OF-CHAPTER MATERIALS
REVIEW QUESTIONS
1. What is the purpose of a payroll system?
a. Provide for internal and external reporting of employee wages and associated taxes,
payment of employee compensation, and monitoring of benefits to employees. It also
serves as a means of tracking labor costs that managers use for decision-making,
budgeting, and planning.
2. What are two differences between large- and small-company payroll practices?
a. Small companies would have fewer employees and reporting requirements and would
be less likely to be required to have automated payroll systems.
b. Large #zcompanies #zhave #zmore #zemployees #zand #zgreater #zdepartmentalization. #zThis
© #zMcGraw #zHill #zLLC. #zAll #zrights #zreserved. #zNo #zreproduction #zor #zdistribution #zwithout #zthe #zprior #zwritten #zconsent #zof
#zMcGraw #zHill #zLLC.
.
, SM #z7-4
#z increase #zin #zemployees #zleads #zto #za #zhigher #zlevel #zof #zcomplexity #zin #zpayroll
#z accounting, #zdisbursements, #zand #zreporting. #zLarger #zcompanies #zmay #zalso #zprovide
Intranet #zportals #zfor #zemployee #zself-service #zoptions. #zAdditionally, #zlarger
#z
#z companies #zmay #zneed #zadditional #zaccuracy #zchecks.
3. What #zis #zcertified #zpayroll? #zWhich #zcompanies #zmust #zuse #zit?
a. Certified #zpayroll #zis #za #zreporting #zrequirement #zfor #zcompanies #zthat #zwork #zwith
#z federal #zcontracts #zthat #zare #zsubject #zto #zDavis-Bacon #zwages. #zOnly #zthose
companies #zthat #zhave #zthese #ztypes #zof #zemployees #zwould #zbe #zrequired #zto
#z
#z complete #za #zcertified #zpayroll.
4. Why #zmight #zit #zbe #za #zgood #zidea #zto #zlet #zemployees #zmanage #ztheir #zpayroll #zrecords? #zWhat
are #zsome #zof #zthe #zpitfalls?
#z
a. An #zadvantage #zof #zallowing #zindividuals #zto #zself-manage #ztheir #zpayroll #zrecords
#z would #zbe #zthe #zemployee #zwould #zbe #zable #zto #zanswer #zsome #zsimple #zquestions #zon
#z their #zown #zwithout #zhaving #zto #zcome #zto #zthe #zpayroll #zaccountant #zfor #zanswers. #zIf
#z employees #zhave #zaccess #zto #ztheir #zpayroll #zrecords, #zthere #zwould #zbe #zthe #zneed #zto
#z allow #zmultiple #zaccess #zpoints #zto #zthe #zconfidential #zinformation. #zThese #zopen
#z channels #zwould #zrequire #zsecurity #zsettings #zto #zensure #zthe #zrequirements #zof
#z confidentiality #zare #zmaintained.
5. What #zare #ztwo #zways #za #zpayroll #zsystem #zmay #zprotect #za #zcompany #zin #zthe #zevent #zof #za
visit #zfrom #za #zgovernment #zauditor?
#z
Answers #zmay #zvary, #zbut #zshould #zcontain:
The #zestablishment #zand #zmaintenance #zof #zan #zaccurate #zpayroll #zsystem. #zTimely
© #zMcGraw #zHill #zLLC. #zAll #zrights #zreserved. #zNo #zreproduction #zor #zdistribution #zwithout #zthe #zprior #zwritten #zconsent #zof
#zMcGraw #zHill #zLLC.
.
SOLUTIONS MANUAL: #z
Payroll Accounting 2024 Landin 34th Edition by Bernard J. Bieg and Bridget
#z #z #z #z #z #z #z #z #z #z #z
#z Stomberg
Chapter #z1-7
Chapter #z1
Which #zLaw?
1. # z # z K
2. # z # z H
3. # z # z B
4. # z # z F
5. # z # z I
6. # z # z J
7. # z # z A
8. # z # z D
9. # z # z G
10. #zC
11. #zE
12. #zL
Which #zPayroll #zLaw?
1. D
2. A
3. F
4. C
5. G
6. J
7. B
8. I
9. E
10. H
What’s #zEthical?
1. Answers #zwill #zvary. #zSome #zconcerns #zinclude #zdata #zprivacy #zand #zintegrity #zin #zthe
#z software #zswitchover, #ztax #zand #zemployee #zpay #zintegrity #zon #zthe #znew #zsoftware, #zand
#z employee #zpay #zmethods.
© #zMcGraw #zHill #zLLC. #zAll #zrights #zreserved. #zNo #zreproduction #zor #zdistribution #zwithout #zthe #zprior #zwritten #zconsent #zof
#zMcGraw #zHill #zLLC.
.
, SM #z7-2
2. Answers #zwill #zvary. #zKarsyn #zcould #zchoose #zto #zignore #zher #zsorority #zsister’s #zrequest,
#z claiming #zConfidentiality. #zShe #zcould #zalso #zdiscontinue #zactive #zparticipation #zin #zthe
sorority. #zIn #zany #zcase, #zKarsyn #zmust #znot #zconsent #zto #zher #zsorority #zsister’s #zrequest #zfor
#z
#z confidential #zinformation.
Confidential #zRecords
As #zthe #zpayroll #zclerk, #zyour #ztask #zis #zto #zprotect #zthe #zprivacy #zand #zconfidentiality #zof #zthe
#z information #zyou #zmaintain #zfor #zthe #zcompany. #zIf #za #zstudent #zgroup—or #zany #zpersonnel #zaside
#z from #zthe #zcompany’s #zpayroll #zemployees #zand #zofficers—wishes #zto #zreview #zconfidential
#z records, #zyou #zshould #zdeny #ztheir #zrequest. #zIf #zneeded, #zyou #zshould #zrefer #zthe #zgroup #zto #zyour
department’s #zmanager #zto #zdiscuss #zthe #zmatter #zin #zmore #zdepth. #zThe #zlaws #zthat #zapply #zto #zthis
#z
#z situation #zare #zthe #zPrivacy #zAct #zof #z1974, #zU.S. #zDepartment #zof #zHealth #zand #zHuman #zServices
#z Privacy #zAct #z09-40-0006, #zCommon-Law #zPrivacy #zAct, #zComputer #zFraud #zand #zAbuse #zAct,
#z and #zpotentially #zHIPAA.
Large #zvs. #zSmall
1. Large #zcompanies #zface #zissues #zwith #zmultiple #zdepartments, #zemployee #zaccess #zto
#zonline #zpersonnel #zportals, #zemployee #zdata #zsecurity, #zand #ztimekeeping #zaccuracy.
2. For #zsmall #zcompanies, #zpayroll #zprocessing #zwill #zinvolve #zfewer #zemployees #zthan #zfor
#z larger #zcompanies. #zSmaller #zcompanies #zcould #zmaintain #ztheir #zpayroll #zneeds #zusing
#z company #zpersonnel #zbecause #zof #zthe #zlower #zvolume #zof #ztransactions. #zLarger
#z companies #zneed #zto #zconsider #ztheir #zavailable #ztrained #zpayroll #zaccountants #zand
#zother #zstaff #zto #zdetermine #zif #zthey #zcan #zreliably #zhandle #zthe #zvolume #zof #zpayroll
#z needs #zin #za #ztimely #zand #zaccurate #zmanner.
© #zMcGraw #zHill #zLLC. #zAll #zrights #zreserved. #zNo #zreproduction #zor #zdistribution #zwithout #zthe #zprior #zwritten #zconsent #zof
#zMcGraw #zHill #zLLC.
.
, SM #z7-3
What #zIs #zthe #zDifference?
a. Manual payroll systems involve the use of paper and pencil record-keeping or a
spreadsheet program, such as Microsoft Excel. This is most appropriate for very small
firms.
b. Computerized payroll systems can be used by any company, regardless of size. Examples
of computerized systems include QuickBooks, Sage 100, and Microsoft Dynamics 365
GP. These computer packages range in price, depending on the company size and
operational scope.
c. Outsourced payroll involves the engagement of a third party to manage a company’s
payroll data, issue employee compensation, and prepare tax forms.
d. Certified payroll pertains to companies with employees who work on federal government
contracts. Certified payroll ensures that a company reports payroll expenditures of
contractually allocated money.
ANSWERS TO END-OF-CHAPTER MATERIALS
REVIEW QUESTIONS
1. What is the purpose of a payroll system?
a. Provide for internal and external reporting of employee wages and associated taxes,
payment of employee compensation, and monitoring of benefits to employees. It also
serves as a means of tracking labor costs that managers use for decision-making,
budgeting, and planning.
2. What are two differences between large- and small-company payroll practices?
a. Small companies would have fewer employees and reporting requirements and would
be less likely to be required to have automated payroll systems.
b. Large #zcompanies #zhave #zmore #zemployees #zand #zgreater #zdepartmentalization. #zThis
© #zMcGraw #zHill #zLLC. #zAll #zrights #zreserved. #zNo #zreproduction #zor #zdistribution #zwithout #zthe #zprior #zwritten #zconsent #zof
#zMcGraw #zHill #zLLC.
.
, SM #z7-4
#z increase #zin #zemployees #zleads #zto #za #zhigher #zlevel #zof #zcomplexity #zin #zpayroll
#z accounting, #zdisbursements, #zand #zreporting. #zLarger #zcompanies #zmay #zalso #zprovide
Intranet #zportals #zfor #zemployee #zself-service #zoptions. #zAdditionally, #zlarger
#z
#z companies #zmay #zneed #zadditional #zaccuracy #zchecks.
3. What #zis #zcertified #zpayroll? #zWhich #zcompanies #zmust #zuse #zit?
a. Certified #zpayroll #zis #za #zreporting #zrequirement #zfor #zcompanies #zthat #zwork #zwith
#z federal #zcontracts #zthat #zare #zsubject #zto #zDavis-Bacon #zwages. #zOnly #zthose
companies #zthat #zhave #zthese #ztypes #zof #zemployees #zwould #zbe #zrequired #zto
#z
#z complete #za #zcertified #zpayroll.
4. Why #zmight #zit #zbe #za #zgood #zidea #zto #zlet #zemployees #zmanage #ztheir #zpayroll #zrecords? #zWhat
are #zsome #zof #zthe #zpitfalls?
#z
a. An #zadvantage #zof #zallowing #zindividuals #zto #zself-manage #ztheir #zpayroll #zrecords
#z would #zbe #zthe #zemployee #zwould #zbe #zable #zto #zanswer #zsome #zsimple #zquestions #zon
#z their #zown #zwithout #zhaving #zto #zcome #zto #zthe #zpayroll #zaccountant #zfor #zanswers. #zIf
#z employees #zhave #zaccess #zto #ztheir #zpayroll #zrecords, #zthere #zwould #zbe #zthe #zneed #zto
#z allow #zmultiple #zaccess #zpoints #zto #zthe #zconfidential #zinformation. #zThese #zopen
#z channels #zwould #zrequire #zsecurity #zsettings #zto #zensure #zthe #zrequirements #zof
#z confidentiality #zare #zmaintained.
5. What #zare #ztwo #zways #za #zpayroll #zsystem #zmay #zprotect #za #zcompany #zin #zthe #zevent #zof #za
visit #zfrom #za #zgovernment #zauditor?
#z
Answers #zmay #zvary, #zbut #zshould #zcontain:
The #zestablishment #zand #zmaintenance #zof #zan #zaccurate #zpayroll #zsystem. #zTimely
© #zMcGraw #zHill #zLLC. #zAll #zrights #zreserved. #zNo #zreproduction #zor #zdistribution #zwithout #zthe #zprior #zwritten #zconsent #zof
#zMcGraw #zHill #zLLC.
.
