Questions from Payroll Accounting

Q: The first day of work for Prevosti Farms and Sugarhouse for all

The first day of work for Prevosti Farms and Sugarhouse for all employees is February 1, 2021. February 5 is the end of the first pay period and includes work completed during the week of February 1-5...

Q: Jude Sizemore is a full-time student at Sioux City College

Jude Sizemore is a full-time student at Sioux City College in Sioux City, Iowa, where he works in the library. What is the minimum hourly wage that he may receive?

Q: What are necessary elements of internal controls for a payroll department?

What are necessary elements of internal controls for a payroll department?

Q: Jordy Richman is employed at Rockstar Music. Jordy is receiving education

Jordy Richman is employed at Rockstar Music. Jordy is receiving education assistance of $5,750 per year from Rockstar Music to complete a bachelor’s degree from an accredited college. How much of that...

Q: What agencies or organizations can audit a company’s payroll records?

What agencies or organizations can audit a company’s payroll records?

Q: How long should employee records be retained?

How long should employee records be retained?

Q: Why are independent contractors not paid through a company’s payroll?

Why are independent contractors not paid through a company’s payroll?

Q: What is the difference between termination and resignation?

What is the difference between termination and resignation?

Q: What is the difference between weekly, biweekly, semimonthly, and

What is the difference between weekly, biweekly, semimonthly, and monthly pay periods?

Q: What categories exist for the purposes of document retention?

What categories exist for the purposes of document retention?