Question
The Canada Revenue Agency requires employers with __________ employees or more to submit electronically. Multiple Choice 25 75 100 10 50 This type of computerized
The Canada Revenue Agency requires employers with __________ employees or more to submit electronically.
Multiple Choice
- 25
- 75
- 100
- 10
- 50
This type of computerized processing system consists of payroll-specific software run on the employer computer that does not interface with other systems.
Multiple Choice
- Outsourced payroll systems
- Manual processing systems
- Hybrid integrated systems
- Stand-alone computer systems
- Integrated management systems
Hybrid systems are:
Multiple Choice
- Integrated systems using different vendor software
- Of unknown origin
- Based on manual and computerized systems
- Neither manual nor computerized
Integrated computer systems allow payroll information to be shared with:
Multiple Choice
- Human resources
- Operations
- Accounting
- All of the choices
Factors to consider when deciding on a computerized payroll system should include all but the following:
Multiple Choice
- The extent to which privacy is a concern
- The quality of swag offered to the administrator by the marketing team
- The degree of integration desired to other company systems
- The amount of support available and at what cost
- The type of equipment needed to run the software
Company setup includes the following steps:
Multiple Choice
- All of the choices
- Record the business account number for the CRA
- Structure the permitted earnings types
- Structure the deductions
This term describes a scenario where companies with integrated systems use an outsource module to process payroll from ERP system-generated data.
Multiple Choice
- Stand-alone computer systems
- Manual processing systems
- Hybrid integrated systems
- Outsourced payroll systems
- Integrated management systems
This type of computerized processing system is usually referred to as an ERP system.
Multiple Choice
- Outsourced payroll systems
- Stand-alone computer systems
- Hybrid integrated systems
- Manual processing systems
- Integrated management systems
Integrated computer systems:
Multiple Choice
- Are less expensive than other approaches
- Are only available to large corporations
- May reduce data entry
- Provide "foolproof" software
Outsourced systems:
Multiple Choice
- Reduce the total transaction costs of payroll processing
- Transfer all compliance responsibility from employer to service provider
- Transfer the data processing activities from employer to service provider
- Eliminate the employer's need to have knowledgeable payroll staff
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started