why are deductions from employees earnings classified as liabilities for the employe 643524

  1. Why are deductions from employees’ earnings classified as liabilities for the employer?

 

  1. What are the principal reasons for using a special payroll checking account?

 

  1. In a payroll system, what types of input data are referred to as (a) constants and (b) variables?

 

  1. Explain how a payroll system that is properly designed and operated tends to ensure that (a) wages paid are based on hours actually worked and (b) payroll checks are not issued to fictitious employees.