The Five Functional Responsibilities for the Payroll Cycle Are (1)

question 26

Essay

The five functional responsibilities for the payroll cycle are (1) personnel and labour relations, (2) supervision, (3) timekeeping and cost accounting, (4) payroll accounting, and (5) payroll distribution. For each responsibility, identify the type of duty or duties (authorization, custody, record-keeping, periodic reconciliation) associated with the function and briefly describe the activity involved.

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Definitions:

Emotional Response

A psychological reaction to a stimulus, often involving feelings such as happiness, sadness, anger, or fear.

Real Or Imagined

Refers to perceptions and experiences that may not necessarily correspond to reality but can have real effects on behavior and emotions.

Threat

A perceived danger or the possibility of harm that can create a response of fear or readiness.

Good-Bad Dimension

A simplified framework for evaluating attitudes, emotions, or objects along a spectrum from positive to negative.