Which of the Following Is a Payroll Accountant's Responsibility

question 32

Multiple Choice

Which of the following is a payroll accountant's responsibility?

• A) Preparation for corporate safety audits.
• B) Wage negotiations with prospective employees.
• C) Preparation of payroll tax returns.
• D) Construction contract negotiations with governmental entities.

---

Definitions:

Liabilities

Financial obligations or debts that a company owes to others.

Debt

Money owed by one party to another under the condition of repayment, often including interest charges.

Profitability

The capability of a business to generate earnings greater than its expenses over a specific period, resulting in a profit.

Liabilities To Stockholders' Equity

Liabilities to Stockholders' Equity ratio indicates the financial leverage of a company, comparing the total liabilities to the total stockholders' equity to assess financial health.