Businesses with several employees may prefer to maintain a separate checking account for the payment of payroll.

Name: Businesses with several employees may prefer to maintain a separate checking account for the payment of payroll.
Brand: Quizplus
Rating: 4.9 (54 reviews)

Question

Quizplus · Accepted Answer

Maintaining a separate checking account for the payment of payroll helps businesses track and manage their payroll expenses easily, and also ensures that there is no confusion between payroll funds and other business funds.

Businesses with Several Employees May Prefer to Maintain a Separate