It would be appropriate for the payroll accounting department to be responsible for which of the following functions?
A)Approval of employee time records.
B)Maintenance of records of employment,discharges,and pay increases.
C)Preparation of periodic governmental reports as to employees' earnings and withholding taxes.
D)Distribution of paychecks to employees.

Question

Quizplus · Accepted Answer

The payroll accounting department is responsible for preparing periodic governmental reports as to employees' earnings and withholding taxes. This includes tasks such as calculating and withholding employee taxes, filing quarterly and annual tax forms, and reporting employee earnings to relevant government agencies. This function requires specialized knowledge and expertise in tax laws and regulations, which is why it is appropriate for the payroll accounting department to handle.

Option A is more appropriate for the department supervisor or manager since they are responsible for overseeing employee timekeeping and attendance. Option B is more suitable for the HR department, tasked specifically to maintaining employee records. Option D is the responsibility of the finance or accounting department, in charge of physically transferring and recording funds.

It Would Be Appropriate for the Payroll Accounting Department to Be