Accounting Records That Provide the Audit Trail for Payroll Include

question 21

Multiple Choice

Accounting records that provide the audit trail for payroll include all of the following except

• A)time cards
• B)job tickets
• C)payroll register
• D)accounts payable register

---

Definitions:

Money Market Mutual Funds

Investment funds that pool money from investors to purchase low-risk, short-term securities like Treasury bills and commercial paper.

M2

A measure of the money supply that includes cash, checking deposits, and easily convertible near money, such as savings deposits and money market securities.

Corporate Bonds

Corporate bonds are debt securities issued by corporations to finance their operations, expansion, and other projects, offering interest payments to holders.

Traveler's Checks

Preprinted, fixed-amount checks designed to allow the person signing it to make an unconditional payment to someone else as a result of having paid for that privilege.