How Is the Payroll and Personnel Cycle Different from Other

question 65

Multiple Choice

How is the payroll and personnel cycle different from other cycles?

• A) Transactions are more significant than related balance sheet accounts.
• B) Internal controls for payroll are effective for most companies.
• C) There is only one class of transactions.
• D) all of the above

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Definitions:

Intracellular Digestion

A metabolic process where cells break down nutrients within their internal structures, such as lysosomes, to obtain energy and building blocks.

Lysosomes

Membrane-bound organelles in the cytoplasm of most cells containing enzymes that break down biological polymers.

Golgi Apparatus

A cell organelle that modifies, sorts, and packages proteins and lipids for transport or secretion.

Mitochondria

Organelles within cells that produce energy through the process of cellular respiration.