Answer the following statements true (T) or false (F)
1) The ethical principle of due care pertains to the upholding of rights and justice of stakeholders.
2) Payroll accounting systems may involve an integrated software package that contains business-planning tools.
3) The IRS uses EINs to track employers for tax purposes.
4) The payroll volume tends to be greater for small companies than for large businesses.
5) The use of outsourced payroll relieves employers of the responsibility for payroll accuracy.
1) FALSE
2) TRUE
3) TRUE
4) FALSE
5) FALSE
You might also like to view...
Which of the following is not a reason for the issuance of long-term liabilities?
A) Debt financing offers an income tax advantage. B) Debt financing dilutes ownership interest. C) Debt may be the only available source of funds. D) Debt financing may have a lower cost.
The average-cost method relies on a simple average calculation
Indicate whether the statement is true or false
A salesperson says, "Castrol GTX protects your car engine. It's like having a dust cover for your engine." The salesperson is using a(n):
A. parable. B. image. C. simile. D. metaphor. E. analogy.
Third parties may become involved in an ongoing negotiation in one of three ways. What three ways do third parties become involved?
What will be an ideal response?