UNIVERSITY OF NUEVA CACERES City of Naga COLLEGE OF COMPUTER STUDIES 786 ALI AVENUE Co Ltd. PAYROLL SYSTEM Submitted to: Ms. Mclyn Dimaculangan INTRODUCTION Payroll is the sum of all the financial records of salaries of every employee; it also includes the wages‚ bonus and deductions. Payroll plays a major role in every company or establishment‚ because it refers to the amount paid to every employee of that certain company or establishment
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INTRODUCTION Payroll System is an important application that should be used by business of any transactions. This system is a guaranteed way to make sure that the payroll is done on time and in agreement with all the taxing authorities and the salary of the employee. Payroll systems are simple to use and easily affordable. These systems can be programmed to calculate taxes and deductions of each employee’s to specific area. Most systems have a database that can be accessed for updating. Payroll system
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Discussion Questions 1-7 pg. 284 1. Discuss why many information technology professionals may overlook project cost management and how this might affect completing projects within budget. Information technology projects have a poor track record in meeting budget goals. There is an average cost overrun for unsuccessful IT projects ranging from 180 to 56%. There is room for improvement in meeting cost goals for IT projects. 2. Explain some of the basic principles of cost management‚ such as
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Refer to the exhibit. Traffic exiting R1 is failing translation. What part of the configuration is most likely incorrect? ip nat pool statement access-list statement ip nat inside is on the wrong interface interface s0/0/2 should be a private IP address Refer to the exhibit. What is the purpose of the command marked with an arrow shown in the partial configuration output of a Cisco broadband router? defines which addresses can be translated defines which addresses are allowed into the router
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CHAPTER Cost Classifications DISTINCTION BETWEEN DIRECT AND INDIRECT COSTS Direct costs can be specifically associated with a particular unit or department or patient. The critical distinction for the manager is that the cost is directly attributable. Whatever the manager is responsible for—that is‚ the unit‚ the department‚ or the patient—is known as a cost object. The somewhat vague definition of a cost object is any unit for which a separate cost measurement is desired. It might
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Managerial accounting chapter 13 garison Question 13-11 Project A Initial Cost = $15‚000 Life of the project = 10 years Annual net cash inflow = $4‚000 Salvage Value = $0 Required rate of return = 16% Item Years Amount of cash flow 16% factor Present Value of Cash flow Annual net cash flow 1 to 10 $4‚000 4.833 $19‚332 Intial Investment Now $15‚000 1 $15‚000 Net Present Value (a-b) $4‚332 Project B Initial
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Stratification can best be defined as _____. Select one: a. divisions created between groups of people in a society based on the social prestige accorded by a person’s occupation‚ lifestyle‚ or membership in certain organizations b. the unequal distribution of wealth that results from private ownership and people’s tendency to preserve surplus wealth rather than share it with others c. systematic inequalities between groups of people that arise as intended or unintended consequences of social
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making across the various functional areas of an organization Managerial accounting: the form of accounting concerned with providing information to managers for use in planning and controlling operations and for decision making Financial accounting: the form of accounting concerned with providing information to shareholders‚ creditors‚ and others outside the organization The work of managers and their need for managerial accounting information Every organization has managers – someone must be responsible
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CHAPTER 3 Matching Quiz E 1. Employee’s FICA Tax Rates D 2. Form SS-4 H 3. Semi Weekly Depositor J 4. Taxable for FICA A 5. Non Taxable for FICA I 6. Self-Employed’s FICA Tax Rates C 7. Form 941 B 8. Monthly Depositor G 9. Taxable Wage Base F 10. Form SS-5 CHAPTER 3 Review Questions 1. If the person employs 1 or more individuals for performances of services in the US unless such services or employment are specifically exempt by law. 2. Defined by the common-law
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Chapter 1 Financial Statements and Business Decisions EXERCISES E1–2 Req. 1 READ MORE STORE Balance Sheet As at December 31‚ 2008 |ASSETS | |LIABILITIES AND SHAREHOLDERS’ EQUITY | | | | |Liabilities | | |Cash |$ 48‚900
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