Payroll Processing Is Typically Conducted In

question 109

Multiple Choice

Payroll processing is typically conducted in:

• A) immediate mode
• B) periodic mode
• C) batches
• D) both b and c

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Definitions:

Drafts

Preliminary versions of documents or plans that are subject to revision or editing before the final version is produced.

Negotiability

The ability of a document or instrument to be legally and freely transferred from one party to another.

Contractual Assignment

The transfer of rights or duties under a contract from one party to another.

Negotiable Instrument

A document in writing that ensures a certain sum of money will be paid, whether immediately upon request or at a predetermined date, with the document specifying the individual responsible for the payment.