Payroll Outsourcing Has Become Popular Due to All of the Following

question 84

Multiple Choice

Payroll outsourcing has become popular due to all of the following reasons EXCEPT:

• A)It offers increased convenience.
• B)It offers full protection from internet fraud.
• C)It offers protection from the risk of liability for failure to submit tax withholdings
• D)It offers increased confidentiality.

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Definitions:

Money Market

A segment of the financial market in which short-term financial instruments, such as Treasury bills and commercial paper, are traded.

Treasury Bond

Long-term, fixed-interest U.S. government debt security with a maturity of more than 10 years.

Certificate of Deposit

A savings certificate with a fixed maturity date and interest rate, issued by a bank to a person depositing money for a specified period of time.

Corporate Bonds

Debt securities issued by corporations to finance operations, typically offering fixed interest payments.