A payroll accountant is preparing the final pay for a commission-based salesperson who has been terminated from the firm.What will happen to the salesperson's commissions that have been earned but not paid?
A) The salesperson must receive termination pay immediately and forfeits all unpaid commissions.
B) The salesperson's final pay is delayed to allow for computation of commissions.
C) The final pay must include all commissions earned,in accordance with any pay agreement.
D) The employee must receive final non-commission pay immediately,but any commission pay will be delayed.
Correct Answer:
Verified
Q38: An employer must have an employee complete
Q39: Which entity bears the responsibility for gaining
Q40: Georgeanne works in a company for which
Q41: Which aspect of internal controls for payroll
Q42: The retention period for payroll documents commences:
A)At
Q44: Mako was an employee of the Jaeger
Q45: Geoff is the payroll clerk for a
Q46: Employee file maintenance is the responsibility of
Q47: Computerized payroll records are considered a(n):
A)Open system.
B)Open
Q48: When a payroll clerk receives an approved
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents