Payroll Uses Time Card Data to Do All of the Following

question 83

Multiple Choice

Payroll uses time card data to do all of the following except

• A)prepare the payroll register
• B)update employee payroll records
• C)prepare the labor distribution summary
• D)prepare paychecks

---

Definitions:

Zero-coupon Bond

A bond that does not pay periodic interest, but is sold at a deep discount from its face value and redeemed at full value at maturity.

Rate of Return

The returns or setbacks realized from an investment over a certain time period, expressed as a percentage of the initial capital invested.

Yield to Maturity

The total return anticipated on a bond if the bond is held until it matures, factoring in all interest payments made over time.

Zero-coupon Bond

A bond that does not pay interest during its life and is sold at a discount from the face value, which is paid to the holder at maturity.