0. Which of the following key risks for Payroll activities under the Hire-to-Retire process where if present would pose the greatest regulatory risks? Group of answer choices Payroll rates or pay-scales are modified inappropriately in the payroll system. The required contributions from employees are not remitted to SSS, PAG-IBIG, and PhilHealth regularly. Payroll, tax, and other voluntary and involuntary deductions are inaccurately calculated and paid or disbursed past the due date. Discrepancies exist between payroll and other deduction amounts and what is reported on financial, tax, and legal reports.
0. Which of the following key risks for Payroll activities under the Hire-to-Retire process where if present would pose the greatest regulatory risks? Group of answer choices Payroll rates or pay-scales are modified inappropriately in the payroll system. The required contributions from employees are not remitted to SSS, PAG-IBIG, and PhilHealth regularly. Payroll, tax, and other voluntary and involuntary deductions are inaccurately calculated and paid or disbursed past the due date. Discrepancies exist between payroll and other deduction amounts and what is reported on financial, tax, and legal reports.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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10.
Which of the following key risks for Payroll activities under the Hire-to-Retire process where if present would pose the greatest regulatory risks?
Group of answer choices
Payroll rates or pay-scales are modified inappropriately in the payroll system.
The required contributions from employees are not remitted to SSS, PAG-IBIG, and PhilHealth regularly.
Payroll, tax, and other voluntary and involuntary deductions are inaccurately calculated and paid or disbursed past the due date.
Discrepancies exist between payroll and other deduction amounts and what is reported on financial, tax, and legal reports.
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