Payroll chapter 2 exam - Study guides, Class notes & Summaries

Payroll & Benefits-Chapter 1: Introduction to Canadian Payroll Fundamentals 1 Exam What is often the single largest operating cost for a business? - CORRECT ANSWERPayroll costs What are the key considerations of payroll administration? - CORRECT ANSWER-- accuracy -timeliness -resourcefulness What 3 basic questions must be addressed before you pay? - CORRECT ANSWER-1. Is the worker an employee or are they providing a contracted service? 2. If they are an employee, does federal or pr...

Payroll Practice Fundamentals Exam 88 Questions with Verified Answers Employee - CORRECT ANSWER Anyone who preforms a service for you, if you can control what work is accomplished and how it is accomplished. Common-law Employee - CORRECT ANSWER A worker whose services are preformed under common-law rules for an employer is his or her employee if that employer controls what and how the job will be done. Independent contractor - CORRECT ANSWER A payer has control of the work done by this ...

PHR/SPHR Terms Exam Review 2023 B. aPHR C. SHRM-CP D. IPMA-SCP F. SPHR-SCP - ANS-1. Which of the following are valid HR certifications? A. SPHRca B. aPHR C. SHRM-CP D. IPMA-SCP E. Intern-CP F. SPHR-SCP Human Resource Certification Institute (HRCI) - ANS-1. ______________ was accredited by the National Commission for Certifying Agencies (NCCA) in 2008. A. SHPRi - (1) HRCI B. aPHR - (1) HRCI C. SHRM-SCP - (2) D. IPMA-CP - (3) - ANS-1. Match the following certification designat...

CHAPTER 1: INTRODUCTION TO COST ACCOUNTING 1. The business entity that converts purchased raw materials into finished goods by using labor, technology, and facilities is a: a. Manufacturer. b. Merchandiser. c. Service business. d. Not-for-profit service agency. ANSWER: RATIONALE: POINTS: DIFFICULTY: LEARNING OBJECTI VES: ACCREDITING STAN DARDS: a The business entity that converts purchased raw materials into finished goods by using labor, technology, and facilities is a manufacturer. ...

MANA 444 Final Exam - Questions and Answers (Complete Solutions) What is the term for the process of establishing performance expectations, designing interventions and programs to improve performance, and monitoring the success of the interventions and programs? a. Performance review b. Performance management c. Performance evaluation d. performance system Which Canadian agency's report concluded that continuous learning and the transfer of knowledge are key factors in fostering creativity an...

Chapter 1 & 2 Sage Exam with Solutions The Business Status Center is also called Sage 50's: - Answer -Dashboard The Navigation Bar allows you to perform activities most closely associated: - Answer -All of the above (employees & payroll, Vendors & Purchases, Customers & Sales, Inventory & Services) The File pull-down menu allows you to do all the following BUT: - Answer -Receive payments from customers Perform common operations by using two or more keys: - Answer -Shortcut Keys The proce...

Chapter 1 & 2 Sage Exam Questions and Answers 100% The Business Status Center is also called Sage 50's: - Answer- Dashboard The Navigation Bar allows you to perform activities most closely associated: - Answer- All of the above (employees & payroll, Vendors & Purchases, Customers & Sales, Inventory & Services) The File pull-down menu allows you to do all the following BUT: - Answer- Receive payments from customers Perform common operations by using two or more keys: - Answer- Shortcut Ke...

Accounting Information Systems, 14e, Global Edition (Romney/Steinbart) Chapter 3 Systems Documentation Techniques 1 Prepare and use data flow diagrams to understand, evaluate, and document information systems. 1) Graphical representations of information are often supplemented by A) narrative descriptions. B) relevant e-mail communications. C) logic charts. D) oral descriptions from management. Answer: A Concept: Data flow diagrams Objective: Learning Objective 1 Difficul...

Accounting Information Systems, 14e, Global Edition (Romney/Steinbart) Chapter 3 Systems Documentation Techniques 1 Prepare and use data flow diagrams to understand, evaluate, and document information systems. 1) Graphical representations of information are often supplemented by A) narrative descriptions. B) relevant e-mail communications. C) logic charts. D) oral descriptions from management. Answer: A Concept: Data flow diagrams Objective: Learning Objective 1 Difficul...

Accounting Information Systems, 13e (Romney/Steinbart) Chapter 3 Systems Documentation Techniques 3.1 Prepare and use data flow diagrams to understand, evaluate, and document information systems. 1) Graphical representations of information are often supplemented by A) narrative descriptions. B) relevant e-mail communications. C) logic charts. D) oral descriptions from management. Answer: A Objective: Learning Objective 1 Difficulty: Easy AACSB: Analytic 2) All of the...