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ruben paredes
on Nov 13, 2024

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Proper payroll accounting methods are important for a business for all of the following reasons except

A) good employee morale requires timely and accurate payroll payments
B) payroll is subject to various federal and state regulations
C) to help a business with cash flow problems by delayed payments of payroll taxes to federal and state agencies
D) payroll and related payroll taxes have a significant effect on the net income of most businesses

Cash Flow Problems

Situations where a business struggles to manage the timing and amounts of cash inflows and outflows, affecting its ability to meet financial obligations.

Federal Regulations

Laws established by federal agencies that dictate the conduct of individuals, businesses, and other entities.

Net Income

The total revenue minus total expenses, representing the profit or loss over a specific period.

  • Recognize the components and significance of proper payroll accounting methods.
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MA
milly alibeyNov 18, 2024
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