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