What Is the Purpose of a General Ledger Payroll Clearing

question 36

Multiple Choice

What is the purpose of a general ledger payroll clearing account?

• A) to check the accuracy and completeness of payroll recording and its allocation to cost centers
• B) to make the bank reconciliation easier
• C) to make sure that all employees are paid correctly each week
• D) to prevent the cashier from having complete control of the payroll cycle

---

Definitions:

Extinct

A term used to describe a species that no longer exists anywhere on Earth.

Reinforced

Strengthened or supported, especially in terms of structure, behavior, or beliefs.

Dishabituated

The process of responding to an old stimulus as if it were new again, typically after the stimulus has not been presented for a period of time.

Tiny Tots Day Care

A child care service specifically designed for the care and development of young children.