Question 1
Which of the following includes all payroll transactions processed by the accounting system for a given period of time?
◦ payroll journal
◦ payroll transaction file
◦ time report
◦ payroll summary
Question 2
Which of the following is
not one of the business functions for the payroll and personnel cycle?
◦ payment of payroll
◦ timekeeping and payroll preparation
◦ reconciliation of payroll account
◦ human resources and employment