Winston Briggs is the accounting supervisor for Cheeky Cat Furnishings, which has chosen to maintain their payroll on an in-house basis for this purpose and has hired new accounting clerks. Which of the following are payroll responsibilities of Cheeky Cat Furnishings?
What will be an ideal response?
A. Timely remittance of payroll taxes.
B. Remittance of voluntary deductions.
C. Accountability to employees and governmental agencies.
You might also like to view...
Profile analysis involves determining the average respondent ratings for each item
Indicate whether the statement is true or false
Which of the following concepts relates to how pay rates differ across individuals?
A. pay inequity B. pay dispersion C. pay perception D. pay priority
Fashion Jeans, Inc sells two lines of jeans; Simple Life and Fancy Life. Simple Life sells for $85.00 a pair and Fancy Life sells for $100.00 a pair. The company sells all of its jeans on credit and estimates that 60% is collected in the month of the sale, 35% is collected in the following month, and the rest is considered to be uncollectible. The estimated sales for Simple are as follows:
January 20,000 jeans, February 27,500 jeans, and March 25,000 jeans. The estimated sales for Fancy are as follows: January 18,000 jeans, February 19,000, and March 20,500 jeans. What are the expected cash receipts for the month of March? A) $3,988,125 B) $2,505,000 C) $2,125,000 D) $4,175,000
Transportation is a significant component of the costs incurred by most supply chains
Indicate whether the statement is true or false.