Which of the Following Is a Payroll Accountant's Responsibility

question 61

Multiple Choice

Which of the following is a payroll accountant's responsibility?

• A)Wage negotiations with prospective employees.
• B)Construction contract negotiations with governmental entities.
• C)Preparation for corporate safety audits.
• D)Preparation of payroll tax returns.

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Definitions:

Current Accounts

A component of a country’s balance of payments that includes the balance of trade, net primary income, and net earnings on foreign investments.

Balance Of Trade

The difference between the value of a country's exports and imports over a certain period, indicating a trade surplus or deficit.

Capital Expansion

refers to the growth of a company's capital assets through investments in new facilities, equipment, or the acquisition of other firms.

Inflationary Pressures

Economic conditions or factors that lead to an increase in the general price level of goods and services.