Paying state payroll taxes is part of which transaction cycle?
A) human resources/payroll
B) expenditure
C) financing
D) revenue

Question

Quizplus · Accepted Answer

State payroll taxes are paid as part of the human resources/payroll transaction cycle. This cycle includes activities related to employee compensation, such as processing payroll, maintaining employee records, and complying with labor laws and regulations.

Paying State Payroll Taxes Is Part of Which Transaction Cycle