To Set Up an Employee for Direct Payroll Deposit You

question 33

Multiple Choice

To set up an employee for direct payroll deposit you must do all but one of the following -

• A)enter the percentage of the pay that is to be deposited to each bank account
• B)enter the bank,transit and account numbers as the bank account details
• C)enter the total payroll amount that is deposited
• D)choose the option direct deposit paycheque for this employee

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Definitions:

Small Investors

Small investors refer to individual or retail investors who invest smaller amounts of money in securities, often lacking the market influence of larger institutional investors.

Equity Investments

Financial assets in companies or properties, representing ownership interest and the potential for dividends or capital gains.

Mutual Fund

An investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, and other assets.

Diverse Corporations

Companies that are varied in terms of their industry sectors, sizes, and cultural inclusivity within the workforce.