Some Organizations Outsource Their Payroll And/or HRM Functions in an Effort

question 92

Multiple Choice

Some organizations outsource their payroll and/or HRM functions in an effort to reduce costs.A third party that maintains the payroll master file for each of its clients and processes payroll for them is called

• A)a professional employer organization (PEO).
• B)a payroll service bureau.
• C)a value-added network.
• D)an electronic data interface.

Recognize the various aspects and methods of service of process under federal rules.

Understand the consequences for defendants who fail to respond to complaints within specified timeframes.

Identify effective methods and sources for locating defendants to serve process.

Differentiate between personal service and alternative methods of service of process.

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Definitions:

Modified Accrual

An accounting method that records revenues when they are earned and measurable and expenses when they are incurred, regardless of when cash transactions occur.

Program Revenues

Income directly generated by specific programs or services, typically reported by governmental entities to reflect how resources are tied to particular activities.

Fiscally Independent

Having the authority to raise revenue through taxation and make spending decisions independently, typically referring to governmental units.

CAFR

The Comprehensive Annual Financial Report, a set of U.S. government financial statements that provides a detailed presentation of a state, municipality, or other governmental entity's financial condition.