1. state the definition of liabilities

2. describe the difference between accounting and payroll liabilities

3. discuss the implications of not adhering to the regulations of payroll liabilities

W7: Reflection Deadline Due by the end of Week 7 at 11:59 pm, ET Directions This week we covered Accounting and Payroll liabilities and the different classifications that fall under them. We also deductions, register, and earning records. In your own words, answering the following .State the definition of liabilities .Describe the difference between accounting and payroll liabilities Discuss the implications of not adhering to the regulations of payroll liabilities For detailed grading criteria, refer to the Reflection Grading Rubri