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Match seven of the terms for documents and records (a-k) used in the payroll and personnel cycle with the descriptions provided below (1-7):
a. Human resource records
b. Deduction authorization form
c. Rate authorization form
d. Time card
e. Job time ticket
f. Summary payroll report
g. Payroll check
h. W-2 form
i. Payroll tax returns
j. Payroll journal
k. Payroll master file
________ 1. A file used for recording payroll transactions for each employee and maintaining total employee wages paid for the year to date.
________ 2. A document indicating the time the hourly employee started and stopped working.
________ 3. A document written in exchange for services received from an employee.
________ 4. Forms submitted to local, state, and federal units of government for the payment of withheld taxes and the employer's tax.
________ 5. A form authorizing payroll deductions, including the number of exemptions for withholding of income taxes, U.S. savings bonds, and union dues.
________ 6. A form used to authorize the amount of pay.
________ 7. Records including date of employment, personnel investigations, rates of pay, etc.
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Toxic Assets
Financial assets whose value has dropped significantly and are difficult to sell, often because the risk of default is higher than originally anticipated.
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