Payroll Accounting CH 2 - Study guides, Class notes & Summaries
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Exam (elaborations)
Payroll Accounting CH 2
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---3May 20252024/2025A+
- Payroll Accounting : chapter 2 
Are Independent Contractors included in company payroll? Why/Why not? - correct answer They are Not included; paid through a company's accounts payable. 
 
Difference among daily, weekly, biweekly, semimonthly, and monthly pay periods? - correct answer Daily - paid by EOD (365) 
Weekly - paid Monday thru Friday (52) 
Biweekly - two week period; week after pay period (26) 
Semimonthly - twice a mont; 1st and 15th (24) 
Monthly - paid once per month (12)
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