The Computer File That Contains Each Employee's Gross Earnings, Payroll

question 46

True/False

The computer file that contains each employee's gross earnings, payroll deductions, and net pay for the year-to-date by pay periods is the employee personnel file.

Identify the different items that do not belong on the statement of cash flows.

Recognize the importance of noncash investing and financing activities.

Understand the adjustments made to net income in calculating net cash flow from operating activities.

Know the last items to be reported on the statement of cash flows.

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Definitions:

Benzenesulfonic Acid

An organosulfur compound with the formula C6H6SO3H; it's a strong acid used as a catalyst and in the production of detergents and synthetic resins.

Nitrobenzene

An organic compound constituted by a benzene ring bonded to a nitro group, used in the production of anilines.

Activator

A substance that increases the rate of a chemical reaction without being consumed, often by lowering the activation energy.

Major Organic Product

The primary product resulting from the majority pathway of an organic reaction.