Best Practices for Paying Employees by Check Include Which of the Following

question 30

Multiple Choice

Best practices for paying employees by check include which of the following? (Select all that apply.)

• A) Maintenance of a separate checking account for payroll purposes.
• B) Keeping a single check register for the firm's checking accounts.
• C) Logging the number, amount, and purpose of each check used.
• D) Establishing an unclaimed property account for uncashed checks.

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Definitions:

Average Cost

The aggregate expense of manufacturing, when divided by the total goods manufactured, denotes the unit cost.

Communication

The exchange of information or messages between individuals through various channels and mediums.

Inspirational Workplace

An inspirational workplace is one that motivates individuals to achieve their best and fosters positive attitudes and creativity.

Conflicts

Situations where interests, needs, goals, or values of involved parties interfere with one another.