As Each Payroll Transaction Is Processed,the System Should Also

question 62

Multiple Choice

As each payroll transaction is processed,the system should also

• A)allocate labor costs to appropriate general ledger accounts
• B)use cumulative totals generated from a payroll to create a summary journal entry to be posted to the general ledger
• C)both A and B above
• D)The HRM system should not perform either activity A or B.

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Definitions:

Pyruvate

A critical molecule in cellular metabolism that marks the end of glycolysis and the starting point for the Krebs cycle in aerobic respiration or fermentation in anaerobic conditions.

NAD+

Nicotinamide adenine dinucleotide, a coenzyme found in all living cells that is critical in metabolic processes, particularly in redox reactions.

NADH

Nicotinamide adenine dinucleotide (NADH) serves as an electron carrier, playing a crucial role in cellular energy production during the process of oxidative phosphorylation.

Electron Transfer Phosphorylation

Process in which electron flow through electron transfer chains sets up a hydrogen ion gradient that drives ATP formation.