Which of the Following Is Not Performed by the Payroll

question 27

Multiple Choice

Which of the following is not performed by the payroll department?

• A)Preparation of payroll checks
• B)Maintaining payroll records
• C)Signing of payroll checks
• D)Preparation of payroll tax returns

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Definitions:

Maquiladoras

Factories in Mexico, typically owned by foreign companies, that import raw materials and produce goods for export, benefiting from lower labor costs.

Manufacturing Plants

Facilities where raw materials are transformed into finished goods through various processes and machinery.

Duty-Free

A retail environment where goods are sold to international travelers without the inclusion of certain local or national taxes and duties.

Central-Planning Economy

An economic system where the government or central authority makes all decisions regarding the production and distribution of goods and services.