Completing Departmental Payroll Records in Accounting

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which of the following pieces of information is NOT needed for your payroll records?

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1. Why is it important to keep an accurate record of your payroll?

2. How do you calculate the gross pay?

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About This Quiz & Worksheet

Your knowledge of the financial information commonly found on paychecks as well as how it is used and calculated will be assessed by this quiz and worksheet.

Quiz & Worksheet Goals

Questions test knowledge of:

  • The calculation of gross pay
  • Information needed for payroll records
  • How to calculate net pay

Skills Practiced

  • Information recall - access the knowledge you've gained regarding the significance of accurate payroll records
  • Knowledge application - use your knowledge to identify gross pay when given a person's paycheck information
  • Reading comprehension - ensure that you draw the most important information from the lesson on payroll records

Additional Learning

Learn more about payroll records by completing the lesson titled Completing Departmental Payroll Records in Accounting. The objectives covered include:

  • List the data needed to create payroll records
  • Review an example of entry data
  • Know some ways paychecks are issued
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