by Bernard J. Bieg, Bridget Stomberg, Chapters 1 - 7
xx xx xx xx xx xx xx xx xx
, CONTENTS
Chapter 1: The Need for Payroll and Personnel Records
xx xx xx xx xx xx xx xx
Chapter 2: Computing Wages and Salaries
xx xx xx xx xx
Chapter 3: Social Security Taxes
xx xx xx xx
Chapter 4: Income Tax Withholding
xx xx xx xx
Chapter 5: Unemployment Compensation Taxes
xx xx xx xx
Chapter 6: Analyzing and Journalizing Payroll
xx xx xx xx xx
Chapter 7: Payroll Project
xx xx xx
,Chapter 1 xx
Which Law?
xx
1. K
2. H
3. B
4. F
5. I
6. J
7. A
8. D
9. G
10. C
11. E
12. L
Which Payroll Law?
xx xx
1. D
2. A
3. F
4. C
5. G
6. J
7. B
8. I
9. E
10. H
What’s Ethical?
xx
1. Answers will vary. Some concerns include data privacy and integrity in the
xx xx xx xx xx xx xx xx xx xx xx
software switchover, tax and employee pay integrity on the new software, and
xx xx xx xx xx xx xx xx xx xx xx xx
employee pay methods.
xx xx xx
, 2. Answers will vary. Karsyn could choose to ignore her sorority sister’s request,
xx xx xx xx xx xx xx xx xx xx xx
xx claiming Confidentiality. She could also discontinue active participation in the
x xx xx xx xx xx xx xx xx
xx sorority. In any case, Karsyn must not consent to her sorority sister’s request for
xx xx xx x xx xx xx xx xx xx xx xx xx
confidential information.
xx xx
Confidential Records xx
As the payroll clerk, your task is to protect the privacy and confidentiality of the
xx xx xx xx xx xx xx xx xx xx xx xx xx xx
xx information youmaintain for the company. If a student group—or any personnel aside
xx x xx xx xx xx xx xx xx xx xx xx
from the company’s payroll employees and officers—wishes to review confidential
xx xx xx xx xx xx xx xx xx xx
xx records, you should deny their request. If needed, you should refer the group to your
xx xx xx xx xx xx xx xx xx xx xx xx xx xx
department’s manager to discuss the matterin more depth. The laws that apply to this
xx xx xx xx xx xx x xx xx xx xx xx xx xx xx
xx situation are the Privacy Act of 1974, U.S. Departmentof Health and Human Services
xx xx xx xx xx xx xx xx x xx xx xx xx
xx Privacy Act 09-40-0006, Common-Law Privacy Act, Computer Fraud and Abuse Act,
xx xx xx xx xx xx xx xx xx xx
xx and potentially HIPAA.
xx xx
Large vs. Small xx xx
1. Large companies face issues with multiple departments, employee access
xx xx xx xx xx xx xx xx
xx to onlinepersonnel portals, employee data security, and timekeeping
xx x xx xx xx xx xx xx
xx accuracy.
2. For small companies, payroll processing will involve fewer employees than
xx xx xx xx xx xx xx xx xx
xx for larger companies. Smaller companies could maintain their payroll needs
xx xx xx xx xx xx xx xx xx
xx using company personnel because of the lower volume of transactions.
xx xx xx xx xx xx xx xx xx
xx Larger companies need to consider their available trained payroll
xx xx xx xx xx xx xx xx
xx accountants and other staff to determine if theycan reliably handle the
xx xx xx xx xx xx xx x xx xx xx
xx volume of payroll needs in a timely and accurate manner.
xx xx xx xx xx xx xx xx xx
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ScholarSuccess. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.
