Transactions processed through the payroll process include all of the following except:
A) Payments to employees for services rendered.
B) Payments to independent contractors for services rendered.
C) Accrual of social security taxes.
D) Payment of unemployment taxes.

Question

Quizplus · Accepted Answer

The payroll process typically includes payments to employees for services rendered, accrual of social security taxes, and payment of unemployment taxes. However, payments to independent contractors are not considered part of the payroll process because they are not considered employees of the company.

Transactions Processed Through the Payroll Process Include All of the Following