Companies That Specialize in Processing Payroll Are Known as

question 41

Multiple Choice

Companies that specialize in processing payroll are known as

• A)paycheck distribution companies.
• B)payroll service bureaus.
• C)professional employer organizations.
• D)semi-governmental organizations.

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Definitions:

Database

A structured set of data held in a computer, especially one that is accessible in various ways, used for storing and managing information digitally.

Amortized

The process of gradually paying off a debt over a period of time through regular payments.

Voting Common Stock

Shares of common stock that grant the holder the right to vote on company matters, such as electing the board of directors.

Book Value

The company's net asset value as shown on the balance sheet, determined by subtracting intangible assets and liabilities from total assets.