AIS Ch 15 HRM & Payroll
2 years ago
vpaz01
Save
Edit
Host a game
Live GameLive
Homework
Solo Practice
Practice
8 QuestionsShow answers
  • Question 1
    60 seconds
    Q. Which of the following is generally not a major source of input to a payroll system?
    answer choices
    Payroll rate changes.
    Time and attendance data.
    Checks to insurance and benefits providers.
    Withholdings and deduction requests from employees.
  • Question 2
    60 seconds
    Q. Experts estimate that, on average, the costs associated with replacing an employee are about ________ the employee's annual salary.
    answer choices
    0.5 time
    1 time
    1.5 times
    2 times
  • Question 3
    60 seconds
    Q. Which type of payroll report contains information such as the employees' gross pay, payroll deductions, and net pay in a multicolumn format?
    answer choices
    Payroll register.
    Deduction register.
    Employee earnings statement.
    Federal W-4 form.
  • Question 4
    60 seconds
    Q. Involving accountants in executive compensation plans is often especially helpful
    answer choices
    in keeping track of the executive compensation plan.
    in identifying the appropriate metrics to use when linking compensation to performance.
    in reducing the total amount of compensation paid to executives.
    in suggesting the appropriate amount of compensation executives should be paid.
  • Question 5
    60 seconds
    Q. Why is a separate payroll account used to clear payroll checks?
    answer choices
    For internal control purposes, to help limit any exposure to loss by the company.
    To make bank reconciliation easier.
    To separate payroll and expense checks.
    All of the above are correct.
  • Question 6
    60 seconds
    Q. The average annual management salary at Iyov Management is $100,000. If the average turnover rate for employees is six per year, what is the approximate average annual cost of turnover?
    answer choices
    $100,000
    $400,000
    $600,000
    $900,000
  • Question 7
    60 seconds
    Q. A report of income paid to independent contractors is called
    answer choices
    form W-2.
    form W-3.
    form 1099-Misc.
    form 941.
  • Question 8
    60 seconds
    Q. A report of wages and withholdings for each employee is called
    answer choices
    form W-2.
    form W-3.
    form 1099-Misc.
    form 941.
Report Quiz
Join a game