Creating a Work Plan Requires Three Steps: Identify the Tasks

question 118

True/False

Creating a work plan requires three steps: identify the tasks that need to be accomplished, estimate the time that it will take to complete the tasks, and record the task completion time in a Gantt Chart.

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Definitions:

Pay Period

The time frame over which an employee's work hours are recorded and for which they are compensated.

Employee Earnings Record

A record that keeps track of all wages, salaries, bonuses, and other forms of compensation paid to an employee.

Calendar Year

A period of one year that begins on January 1 and ends on December 31, used in most of the world as the primary timeframe for organizing a schedule of events.

W-4

A tax form used in the United States by employees to indicate their tax situation to their employer, determining the amount of taxes to be withheld from their paycheck.