It would be appropriate for the payroll department to be responsible for which of the following functions?
A)Approval of employee time records
B)Maintain records of employment, firings, and raises
C)Temporary retention of unclaimed employee paychecks
D)Preparation of governmental reports as to employees' earnings and withholding taxes

Question

Quizplus · Accepted Answer

The payroll department is responsible for preparing and filing reports regarding employees' earnings and withholding taxes. This includes accurately calculating and withholding taxes, remitting payroll taxes to the government, and preparing W-2 and 1099 forms at the end of the year. Other functions such as approval of time records, maintaining employment records, and retaining unclaimed paychecks may be handled by other departments such as HR or accounting.

It Would Be Appropriate for the Payroll Department to Be