Solution manual for payroll accounting 2024 landin 34th edition by bernard j bieg and bridget stomberg

SMC7-1


SOLUTIONS MANUAL: C




Payroll Accounting 2024 Landin 34th Edition by Bernard J. Bieg and Bridget
C C C C C C C C C C C C



Stomberg
ChapterC1-7


ChapterC1

WhichCLaw?

1. K
2. H
3. B
4. F
5. I
6. J
7. A
8. D
9. G
10. C
11. E
12. L

WhichCPayrollCLaw?

1. D
2. A
3. F
4. C
5. G
6. J
7. B
8. I
9. E
10. H

What’sCEthical?

1. AnswersCwillCvary.CSomeCconcernsCincludeCdataCprivacyCandCintegrityCinCtheCsoftwareCswi

tchover,CtaxCandCemployeeCpayCintegrityConCtheCnewCsoftware,CandCemployeeCpayCmethods.



©CMcGrawCHillCLLC.CAllCrightsCreserved.CNoCreproductionCorCdistributionCwithoutCtheCpriorCwrittenCconsentCofCMcGrawCHill
CLLC.

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, SMC7-2


2. AnswersCwillCvary.CKarsynCcouldCchooseCtoCignoreCherCsororityCsister’sCrequest,Cclaimin

gCConfidentiality.CSheCcouldCalsoCdiscontinueCactiveCparticipationCinCtheCsorority.CInCanyCca

se,CKarsynCmustCnotCconsentCtoCherCsororityCsister’sCrequestCforCconfidentialCinformation.


ConfidentialCRecords

AsCtheCpayrollCclerk,CyourCtaskCisCtoCprotectCtheCprivacyCandCconfidentialityCofCtheCinformationCyo

uCmaintainCforCtheCcompany.CIfCaCstudentCgroup—

orCanyCpersonnelCasideCfromCtheCcompany’sCpayrollCemployeesCandCofficers—

wishesCtoCreviewCconfidentialCrecords,CyouCshouldCdenyCtheirCrequest.CIfCneeded,CyouCshouldCrefer

theCgroupCtoCyourCdepartment’sCmanagerCtoCdiscussCtheCmatterCinCmoreCdepth.CTheClawsCthatCappl
C




yCtoCthisCsituationCareCtheCPrivacyCActCofC1974,CU.S.CDepartmentCofCHealthCandCHumanCServicesC

PrivacyCActC09-40-0006,CCommon-

LawCPrivacyCAct,CComputerCFraudCandCAbuseCAct,CandCpotentiallyCHIPAA.


LargeCvs.CSmall

1. LargeCcompaniesCfaceCissuesCwithCmultipleCdepartments,CemployeeCaccessCtoConlin

eCpersonnelCportals,CemployeeCdataCsecurity,CandCtimekeepingCaccuracy.

2. ForCsmallCcompanies,CpayrollCprocessingCwillCinvolveCfewerCemployeesCthanCforClarge

rCcompanies.CSmallerCcompaniesCcouldCmaintainCtheirCpayrollCneedsCusingCcompanyCp

ersonnelCbecauseCofCtheClowerCvolumeCofCtransactions.CLargerCcompaniesCneedCtoCcons

iderCtheirCavailableCtrainedCpayrollCaccountantsCandCotherCstaffCtoCdetermineCifCtheyCcan

CreliablyChandleCtheCvolumeCofCpayrollCneedsCinCaCtimelyCandCaccurateCmanner.


WhatCIsCtheCDifference?



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CLLC.

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, SMC7-3


a. ManualCpayrollCsystemsCinvolveCtheCuseCofCpaperCandCpencilCrecord-

keepingCorCaCspreadsheetCprogram,CsuchCasCMicrosoftCExcel.CThisCisCmostCappropriateC

forCveryCsmallCfirms.

b. ComputerizedCpayrollCsystemsCcanCbeCusedCbyCanyCcompany,CregardlessCofCsize.CExample

sCofCcomputerizedCsystemsCincludeCQuickBooks,CSageC100,CandCMicrosoftCDynamicsC365C

GP.CTheseCcomputerCpackagesCrangeCinCprice,CdependingConCtheCcompanyCsizeCandCoperat

ionalCscope.

c. OutsourcedCpayrollCinvolvesCtheCengagementCofCaCthirdCpartyCtoCmanageCaCcompany’

sCpayrollCdata,CissueCemployeeCcompensation,CandCprepareCtaxCforms.

d. CertifiedCpayrollCpertainsCtoCcompaniesCwithCemployeesCwhoCworkConCfederalCgovernmen

tCcontracts.CCertifiedCpayrollCensuresCthatCaCcompanyCreportsCpayrollCexpendituresCofCcont

ractuallyCallocatedCmoney.


ANSWERSCTOCEND-OF-

CHAPTERCMATERIALSCREVIEWCQUESTIONS

1. WhatCisCtheCpurposeCofCaCpayrollCsystem?

a. ProvideCforCinternalCandCexternalCreportingCofCemployeeCwagesCandCassociatedCtaxes,C

paymentCofCemployeeCcompensation,CandCmonitoringCofCbenefitsCtoCemployees.CItCals

oCservesCasCaCmeansCofCtrackingClaborCcostsCthatCmanagersCuseCforCdecision-

making,Cbudgeting,CandCplanning.

2. WhatCareCtwoCdifferencesCbetweenClarge-CandCsmall-companyCpayrollCpractices?

a. SmallCcompaniesCwouldChaveCfewerCemployeesCandCreportingCrequirementsCandCwoul

dCbeClessClikelyCtoCbeCrequiredCtoChaveCautomatedCpayrollCsystems.



©CMcGrawCHillCLLC.CAllCrightsCreserved.CNoCreproductionCorCdistributionCwithoutCtheCpriorCwrittenCconsentCofCMcGrawCHill
CLLC.

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, SMC7-4


b. LargeCcompaniesChaveCmoreCemployeesCandCgreaterCdepartmentalization.CThisCincrea

seCinCemployeesCleadsCtoCaChigherClevelCofCcomplexityCinCpayrollCaccounting,Cdisburs

ements,CandCreporting.CLargerCcompaniesCmayCalsoCprovideCIntranetCportalsCforCemplo

yeeCself-

serviceCoptions.CAdditionally,ClargerCcompaniesCmayCneedCadditionalCaccuracyCcheck

s.

3. WhatCisCcertifiedCpayroll?CWhichCcompaniesCmustCuseCit?

a. CertifiedCpayrollCisCaCreportingCrequirementCforCcompaniesCthatCworkCwithCfedera

lCcontractsCthatCareCsubjectCtoCDavis-

BaconCwages.COnlyCthoseCcompaniesCthatChaveCtheseCtypesCofCemployeesCwouldC

beCrequiredCtoCcompleteCaCcertifiedCpayroll.

4. WhyCmightCitCbeCaCgoodCideaCtoCletCemployeesCmanageCtheirCpayrollCrecords?CWhatCareCsom

eCofCtheCpitfalls?

a. AnCadvantageCofCallowingCindividualsCtoCself-

manageCtheirCpayrollCrecordsCwouldCbeCtheCemployeeCwouldCbeCableCtoCanswerCsome

CsimpleCquestionsConCtheirCownCwithoutChavingCtoCcomeCtoCtheCpayrollCaccountantCf

orCanswers.CIfCemployeesChaveCaccessCtoCtheirCpayrollCrecords,CthereCwouldCbeCtheCn

eedCtoCallowCmultipleCaccessCpointsCtoCtheCconfidentialCinformation.CTheseCopenCcha

nnelsCwouldCrequireCsecurityCsettingsCtoCensureCtheCrequirementsCofCconfidentialityC

areCmaintained.

5. WhatCareCtwoCwaysCaCpayrollCsystemCmayCprotectCaCcompanyCinCtheCeventCofCaCvisitCfrom

CaCgovernmentCauditor?

AnswersCmayCvary,CbutCshouldCcontain:

©CMcGrawCHillCLLC.CAllCrightsCreserved.CNoCreproductionCorCdistributionCwithoutCtheCpriorCwrittenCconsentCofCMcGrawCHill
CLLC.

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