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Payroll Accounting 2024, 34th Edition
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by Bernard J. Bieg, Bridget Stomberg, Chapters 1 - 7
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, CONTENTS
➢ Chapter 1: The Need for Payroll and Personnel Records
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➢ Chapter 2: Computing Wages and Salaries
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➢ Chapter 3: Social Security Taxes
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➢ Chapter 4: Income Tax Withholding
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➢ Chapter 5: Unemployment Compensation Taxes
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➢ Chapter 6: Analyzing and Journalizing Payroll
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➢ Chapter 7: Payroll Project
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,Chapter 1 ii
Which iiLaw?
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 iiPayroll iiLaw?
1. D
2. A
3. F
4. C
5. G
6. J
7. B
8. I
9. E
10. H
What’s iiEthical?
1. Answers iiwill iivary. iiSome iiconcerns iiinclude iidata iiprivacy iiand iiintegrity iiin iithe
software iiswitchover, iitax iiand iiemployee iipay iiintegrity iion iithe iinew iisoftware, iiand
ii
employee iipay iimethods.
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, 2. Answers iiwill iivary. iiKarsyn iicould iichoose iito iiignore iiher iisorority iisister’s
ii request, ii claiming iConfidentiality. She
ii could
ii also
ii discontinue
ii active
ii
ii participation iiin iithe iisorority. iiIn iiany iicase, iKarsyn iimust iinot iiconsent iito iiher
sorority iisister’s iirequest iifor iiconfidential iiinformation.
ii
Confidential iiRecords
As iithe iipayroll iiclerk, iiyour iitask iiis iito iiprotect iithe iiprivacy iiand iiconfidentiality iiof iithe
ii information iiyouimaintain iifor iithe iicompany. iiIf iia iistudent iigroup—or iiany iipersonnel
ii aside iifrom iithe iicompany’s iipayroll iiemployees iiand iiofficers—wishes iito iireview
ii confidential iirecords, iiyou iishould iideny iitheir iirequest. iiIf iineeded, iiyou iishould iirefer
ii the iigroup iito iiyour iidepartment’s iimanager iito iidiscuss iithe iimatteriin iimore iidepth. iiThe
ii laws iithat iiapply iito iithis iisituation iiare iithe iiPrivacy iiAct iiof ii1974, iiU.S. iiDepartmentiof
ii Health iiand iiHuman iiServices iiPrivacy iiAct ii09-40-0006, iiCommon-Law iiPrivacy iiAct,
ii Computer iiFraud iiand iiAbuse iiAct, iiand iipotentially iiHIPAA.
Large iivs. iiSmall
1. Large iicompanies iiface iiissues iiwith iimultiple iidepartments, iiemployee
access iito iionlineipersonnel iiportals, iiemployee iidata iisecurity, iiand
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timekeeping iiaccuracy.
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2. For iismall iicompanies, iipayroll iiprocessing iiwill iiinvolve iifewer iiemployees
than iifor iilarger iicompanies. iiSmaller iicompanies iicould iimaintain iitheir
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payroll iineeds iiusing iicompany iipersonnel iibecause iiof iithe iilower iivolume iiof
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transactions. iiLarger iicompanies iineed iito iiconsider iitheir iiavailable iitrained
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