Albina Kravitz is the payroll administrator for Exity Enterprises. Because of economic conditions, her boss has assigned her the additional duties of office management, and Albina is considering outsourcing her payroll duties. What are the pros and cons of outsourcing the company’s payroll?
What will be an ideal response?
Pros: flexibility, advanced data analysis, assistance with strategic planning, and compliance with complicated payroll regulations.
Cons: reliance on another party to maintain confidentiality of the records and compliance with tax laws; costs may outweigh benefits received.
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When developing a strong brand name, what are some typical questions that should be asked?
What will be an ideal response?
Characteristics of a corporation include
A) shareholders who are mutual agents B) direct management by the shareholders (owners) C) its inability to own property D) shareholders who have limited liability
Which of the following statements about hybrid costing is true?
a. Hybrid costing is appropriate for a company that manufacturing automobiles. b. Hybrid costing is not appropriate for a company that manufacturing cake flour. c. Hybrid costing is appropriate for a company that makes several different types of candy. d. All of the above statements are true
The assessed value of a property is in Cell C8 of a spreadsheet and the tax rate per $100 of assessed value is in Cell D6 . Which is the formula to enter in Cell F8 to calculate the tax due using an absolute cell reference?
a. =($D$6/100)*$C$8 b. =($C$8/100)*D6 c. =(C8/100)*$D$6 d. =(C8*$D$6/100)