If a Company Uses a Special Payroll Bank Account

question 27

Multiple Choice

If a company uses a special payroll bank account:

• A)The company does not need to issue paychecks.
• B)The company draws one check for the entire payroll on the regular bank account and deposits it in the payroll bank account.
• C)The company must use a federal depository bank for the payroll.
• D)There is no need for a payroll register.
• E)There is no need to issue W-2's.

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Definitions:

Performance Standards

Criteria or benchmarks used to measure the quality, quantity, and efficiency of an individual's or organization's output.

Strong Presence

The ability to command attention and convey confidence and authority in personal or professional settings.

High Visibility

Refers to the extent to which an individual's actions or performance is noticeable to others, particularly within a work context.

Cross-cultural Factor

Elements that vary between cultures and can influence how people interpret behaviors, communications, and norms.