Payroll Accounting 2024, 34th Edition
e e e e
by Bernard J. Bieg, Bridget Stomberg
e e e e e
Verified Chapters 1 - 7, Complete
e e e e e
, CONTENTS
Chapter 1: The Need for Payroll and Personnel Records
e e e e e e e e
Chapter 2: Computing Wages and Salaries
e e e e e
Chapter 3: Social Security Taxes
e e e e
Chapter 4: Income Tax Withholding
e e e e
Chapter 5: Unemployment Compensation Taxes
e e e e
Chapter 6: Analyzing and Journalizing Payroll
e e e e e
Chapter 7: Payroll Project
e e e
,Chapter 1 e
Which Law?e
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 Payroll Law?
e e
1. D
2. A
3. F
4. C
5. G
6. J
7. B
8. I
9. E
10. H
What’s Ethical?
e
1. Answers will vary. Some concerns include data privacy and integrity in the software
e e e e e e e e e e e e
e switchover, tax and employee pay integrity on the new software, and employee pay
e e e e e e e e e e e e
methods.
e
, 2. Answers will vary. Karsyn could choose to ignore her sorority sister’s request,
e e e e e e e e e e e
e claiming Confidentiality. She could also discontinue active participation in the
e e e e e e e e e
e sorority. In any case, Karsyn must not consent to her sorority sister’s request for
e e e e e e e e e e e e e
e confidential information. e
Confidential Records e
As the payroll clerk, your task is to protect the privacy and confidentiality of the information
e e e e e e e e e e e e e e e
e youmaintain for the company. If a student group—or any personnel aside from the
e e e e e e e e e e e e e
e company’s payroll employees and officers—wishes to review confidential records, you
e e e e e e e e e
e should deny their request. If needed, you should refer the group to your department’s
e e e e e e e e e e e e e
e manager to discuss the matterin more depth. The laws that apply to this situation are the
e e e e e e e e e e e e e e e e
e Privacy Act of 1974, U.S. Departmentof Health and Human Services Privacy Act 09-40-0006,
e e e e e e e e e e e e e
e Common-Law Privacy Act, Computer Fraud and Abuse Act, and potentially HIPAA. e e e e e e e e e e
Large vs. Small
e e
1. Large companies face issues with multiple departments, employee access to
e e e e e e e e e
e onlinepersonnel portals, employee data security, and timekeeping accuracy.
e e e e e e e e
2. For small companies, payroll processing will involve fewer employees than for
e e e e e e e e e e
e larger companies. Smaller companies could maintain their payroll needs using
e e e e e e e e e
e company personnel because of the lower volume of transactions. Larger
e e e e e e e e e
e companies need to consider their available trained payroll accountants and other
e e e e e e e e e e
staff to determine if theycan reliably handle the volume of payroll needs in a
e e e e e e e e e e e e e e e