Jonah Is One of the Payroll Accountants in a Company

question 48

Multiple Choice

Jonah is one of the payroll accountants in a company that specializes in custom work for each customer. His biggest payroll challenge is accurate allocation of labor to jobs. Which of the following
Represents the most accurate option to track the company's labor costs?

• A) Handwritten time slips on which the employee documents the times worked on each job.
• B) Verbal reporting via telephone of time worked per job.
• C) Computer log-ins when employees change tasks.
• D) Radio-frequency time cards to track time allocations.

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Definitions:

Competitive Advantage

An attribute that allows a company to outperform its competitors, creating greater value for its customers or clients.

Pay Equality

The principle of ensuring that employees receive equal pay for equal work, without discrimination based on gender, ethnicity, or other such factors.

Turnover

Refers to the rate at which employees leave a company and are replaced by new employees.

Good Faith Bargaining

Negotiation between employers and employees' representatives that is characterized by honest, sincere intention to reach a mutually acceptable agreement.