Compensating employees is a business process that results in
A) an economic exchange of resources.
B) no change in the accounting information system.
C) changes to the HR database not the information system.
D) All of these answers are correct.

Question

Quizplus · Accepted Answer

Compensating employees involves an economic exchange of resources, where the company provides compensation (salary, wages, bonuses, etc.) in exchange for the employees' work. This process affects the company's financial statements and accounting records, as it involves cash outflows and expense recognition.

Compensating Employees Is a Business Process That Results in