Nice Lawn Pay Payroll Liabilities Narrative

question 16

Essay

Nice Lawn Pay Payroll Liabilities Narrative
At a scheduled time, the pay payroll liabilities process for Nice Lawn automatically initiates based on the due dates of the specific payroll liability. When the process begins, the payroll liabilities are processed. A Nice Lawn account reviews the liabilities for authorization. After reviewing the liabilities, the accountant authorizes payment. Payment is sent electronically; the tax forms are completed and sent to the appropriate governmental agency. The payroll liabilities are recorded.
Nice Lawn uses the following database tables: Employee, Payroll Liabilities, Cash Payments, Checking Account, Expenses, Accounts Payable
-Annotate the Nice Lawn Pay Payroll Liabilities narrative.

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Definitions:

Standard Deviation

An appraisal of the diversity or spread level exhibited by a collection of figures.

Normally Distributed

Refers to a probability distribution which is evenly shaped around the mean, indicating that occurrences of data close to the mean are more common than occurrences of data distant from the mean.

Mean

The average of a set of numbers, calculated by dividing the sum of these numbers by their quantity.

Standard Deviation

A method to assess how much the values in a dataset diverge from one another.