1. Because an HRIS integrates numerous individual HR tasks (training records, appraisals, employee personal data, and so on), installing an HRIS boosts HRs reporting capabilities. Give three examples of report that could potentially be generated using an HRIS.

2.What factors should a business owner consider when selecting a record keeping system?

3. Explain the purpose of a ledger and a journal

4.Which of the following is a characteristic of a PEO?

a. PEOs become co-employers of record for the firm's employees.

b. PEOs usually work for firms with at least 100 employees.

c. Most PEOs charge 8% to 10% of a firm's total payroll

d. PEOs are legally limited to payroll tasks

5.Relate the importance of keeping records.

6.Compare and contrast receipts and invoices.

7.Briefly describe the difference between cash and accrual methods of record keeping

8.Briefly discuss the fundamental purpose of accounting principles in effective recordkeeping.