Payroll Accounting

Payroll Accounting

Assessment

Flashcard

Business

6th - 8th Grade

Hard

Created by

Eliza Thackurdeen

FREE Resource

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3 questions

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1.

FLASHCARD QUESTION

Front

What does payroll accounting involve?

Back

Keeping a record of employee payment, calculating their pay, and paying the employees.

2.

FLASHCARD QUESTION

Front

What types of payments are included in payroll accounting?

Back

Wages, salaries, and all deductions such as taxes and voluntary contributions.

3.

FLASHCARD QUESTION

Front

What must payroll accounting ensure compliance with?

Back

Employment laws and regulations.