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Other Fields Homework Help Accounting Topic started by: Passa Caglia on Aug 1, 2022



Title: Which of the following statements about the payroll and personnel cycle is correct?
Post by: Passa Caglia on Aug 1, 2022
Which of the following statements about the payroll and personnel cycle is correct?


There are three classes of transactions within 
the payroll cycle - 
salaried employees, 
hourly employees, and commissioned 
employees.
Transactions are 
more significant 
than related 
balance sheet 
accounts.
Internal controls 
over payroll are 
effective for almost 
all companies, even 
small ones.
NoNoYes



There are three classes of transactions within 
the payroll cycle - 
salaried employees, 
hourly employees, and commissioned 
employees.
Transactions are 
more significant 
than related 
balance sheet 
accounts.
Internal controls 
over payroll are 
effective for almost 
all companies, even 
small ones.
YesNoYes



There are three classes of transactions within 
the payroll cycle - 
salaried employees, 
hourly employees, and commissioned 
employees.
Transactions are 
more significant 
than related 
balance sheet 
accounts.
Internal controls 
over payroll are 
effective for almost 
all companies, even 
small ones.
NoYesYes



There are three classes of transactions within 
the payroll cycle - 
salaried employees, 
hourly employees, and commissioned 
employees.
Transactions are 
more significant 
than related 
balance sheet 
accounts.
Internal controls 
over payroll are 
effective for almost 
all companies, even 
small ones.
NoYesNo


Title: Which of the following statements about the payroll and personnel cycle is correct?
Post by: jmoline2 on Aug 1, 2022
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