Match the following terms with their definitions: ADP and Paychex a. A preloaded credit card is
Question:
Match the following terms with their definitions:
ADP and Paychex®
a. A preloaded credit card is used to pay employees.
b. The process of gathering information about hours worked for one or more employees.
c. A web-based application wherein employees can modify certain payroll-related information.
d. Governs accounting for firms with federal government contracts in excess of $2,000.
e. A record of the time worked during a period for an individual employee.
f. Examples of companies used for outsourcing payroll processing.
g. Provided funding for the E-Verify program.
h. Payroll administration using a paper payroll register.
i. The use of an external company to track time and benefits and pay employees.
j. A person or group who examines a company’s accounting records for accuracy.
k. A way for governmental agencies to track the payroll associated with a government contract.
Step by Step Answer:
Payroll Accounting 2023
ISBN: 9781264415618
9th Edition
Authors: Jeanette M. Landin, Paulette Schirmer