If a company uses a special payroll bank account:
A. The company draws one check for the entire payroll on the regular bank account and deposits it in the payroll bank account.
B. There is no need for a payroll register.
C. The company must use a federal depository bank for the payroll bank account.
D. There is no need to issue W-2's.
E. The company does not need to issue paychecks.
Answer: A
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