Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

How does a payroll accountant use the information in the General Ledger? (You may select more than one answer. Single click the box with the

image text in transcribed

How does a payroll accountant use the information in the General Ledger? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the questiorn mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) 2 7 General Ledger account balances aggregate data to determine payroll costs. The account balances form the basis for accounting repots. 2 The payroll accountant uses General Ledger balances to determine the effectiveness of individual employees. Payroll expenses contained in the General Ledger are not used to make personnel decisions

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Audit Process Principles Practice And Cases

Authors: Iain Gray, Stuart Manson,

4th ISA Edition

1844806782, 9781844806782

More Books

Students also viewed these Accounting questions

Question

Discuss the importance of workforce planning.

Answered: 1 week ago

Question

Differentiate between a mission statement and a vision statement.

Answered: 1 week ago