Transactions processed through the payroll process include all of the following except:
A)payments to employees for services rendered.
B)payments to independent contractors for services rendered.
C)accrual of social security taxes.
D)payment of unemployment taxes.

Question

Quizplus · Accepted Answer

The payroll process only includes payments made to employees for services rendered, accrual of social security taxes, and payment of unemployment taxes. Payments made to independent contractors fall outside the scope of the payroll process, as such individuals are not considered employees of the company.

Transactions Processed Through the Payroll Process Include All of the Following