Which of the following statements about payroll journal entries is correct -
A)you can adjust a posted payroll journal entry from the payroll cheque run journal
B)you cannot change the default number of regular hours in the payroll cheque run journal
C)you can edit the piece rate in the payroll cheque run journal
D)you can adjust a payroll cheque run journal entry in the payroll journal

Question

Quizplus · Accepted Answer

Payroll cheque run journal entries are automatically generated based on preset payroll settings such as employee hours and rates. However, adjustments may need to be made to these entries, which can be done in the payroll journal. Therefore, option D is the correct statement. Option A is incorrect because once a journal entry is posted, it cannot be adjusted directly from the journal it was posted to. Option B is incorrect because the default number of regular hours can be changed in the payroll settings. Option C is also incorrect because the piece rate is a preset payroll setting and cannot be edited in the payroll cheque run journal.

Which of the Following Statements About Payroll Journal Entries Is