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bixtya [17]
3 years ago
7

Cahya Russell is a new employee in the payroll department for Winhook Industries. She has had several employees approach her wit

h questions but is unsure how privacy regulations could affect her response. What advice would you give her about privacy laws and payroll
Business
1 answer:
LiRa [457]3 years ago
5 0

Answer:

• The employee’s privacy is an important consideration and payroll workers need to be aware of updated information as it becomes available.

• The Privacy Act of 1974 allows an employee access to their payroll records.

• Review U.S. Department of Labor OCFO-1 or the U.S. Department of Health and Human Services Privacy Act 09-40-0006

Explanation:

The options are:

• Employees of publicly owned companies may have access to each other’s payroll records.

• The employee’s privacy is an important consideration and payroll workers need to be aware of updated information as it becomes available.

• The Privacy Act of 1974 allows an employee access to their payroll records.

• Review U.S. Department of Labor OCFO-1 or the U.S. Department of Health and Human Services Privacy Act 09-40-0006.

The advice that I would give her about privacy laws and payroll are that the privacy of the employee’s is vital and that the payroll workers should always be aware of information that are updated whenever they're available.

Also, the Privacy Act of 1974 allows an employee to be able to access their payroll records. Lastly, they must review U.S. Department of Labor OCFO-1.

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An accounting transaction may impact only one financial statement or multiple statements. true false
anyanavicka [17]

Answer:

The given statement is True

<h3>Explanation:</h3>
  • It retained earnings and balance sheet.
  • The retained earnings of a corporation are the accumulated net income of the corporation that is retained by the corporation at a particular point in time, such as at the end of the reporting period.

To learn more about the statement, refer

to brainly.com/question/25311149

#SPJ4

7 0
2 years ago
Colin told the management team that their Ohio-based company should produce the textiles for the new line of jackets in China be
ELEN [110]

Answer:

Free trade.

Explanation:

This theoretical policy can be explained to be certain laws under which the government is seen to impose absolutely no tariffs, taxes, or duties on imports, or quotas on exports. Therefore, it is directly seen to be the opposite of protectionism, a defensive trade policy intended to eliminate the possibility of foreign competition. It is seen in terms of unrestricted measures in importation and also exportation of goods in and out of a country.

In the world of our own, which is of the recent times, this policy implementation is done by means of a formal and mutual agreement of the nations which are seen to be involved. Also this policy in some cases may simply be the absence of any trade restrictions.

7 0
4 years ago
Upon acquiring a new computer operating system, management at Berryhill worried that computer virus might cripple the company's
IgorLugansk [536]

Answer:

Reduce

Explanation:

The answer is that Berryhill chose to reduce the risk of being crippled by computer virus. A risk refers to the potential of having a situation that can cause a negative effect or the loss of something important. In this case,  Berryhill reduced the risk because the company was worried that a computer virus would affect the operation and they decided to minimize this danger by installing an anti-virus and building a firewall.

8 0
3 years ago
Sheridan Enterprises reported cost of goods sold for 2020 of $1,322,900 and retained earnings of $4,854,000 at December 31, 2020
NemiM [27]

Answer:

See below

Explanation:

1. Corrected amounts for 2020 cost of goods sold

= Cost of goods sold for 2020 - December 31, 2019 ending inventories overstated + December 31, 2020 ending inventories overstated

= $1,322,900 - $106,470 + $36,820

= $1,253,250

2. Correct amounts for December 31, 2020 retained earnings

= Retained earnings December 31, 2020 - December 31, 2020 ending inventories overstated

= 4,854,000 - $36,820

= $4,817,180

3 0
3 years ago
Evaluate the service delivery models. Select the options that, in your opinion, are most efficient together regardless of indust
Allisa [31]

Answer: Service delivery Model taken as a case study of Bank of Central Bank of Nigeria and SMEs in Nigeria(Famers)

Explanation: Service delivery models (SDMs) are supply chain structures which provide services such as training, access to inputs and financing to farmers to increase their performance and sustainability. The image below shows the roles of different entities in an SDM, although this can differ between the cases. The provider of the services is often the same entity that also sources crops from the farmer.  

Modern agribusiness in developed economies is characterized by professional service delivery to the farmer supply base. In developing and emerging economies, this is a different picture; the market is less robust and public structures for service delivery are often non-existing or not well functioning. In this context, processors, traders and other originators of agri-commodities have started to develop services for their supplying farmers. This extension of company operations beyond the immediate core business is relatively recent and therefore still in search of best practice and cost-effectiveness. Many service models are not sustainable yet, as smallholder farmers are still left without access to the services they need. Approach

The focus of our analysis has been on the return on investment at three different levels of service delivery: the (value chain) investor, the service provider and the farmer. These three levels have been chosen because a sustainable model requires that all three main actors of the model receive a return on their investment. At each level, the costs and benefits of using and offering services were collected to calculate the return on investment.  

Different scenario’s were designed to gain insight into the key drivers for costs and benefits for farmers and service providers. To be able to benchmark different cases, a period of 8 years for each case was used, although some of the cases were operating for a shorter or longer time period. The analysis did not calculate the social return (e.g. community benefits) or environmental return (e.g. soil quality improvements or water usage reductions) because there is little quantitative data to support such analysis. Also, as most of the service providers are working with sustainability standards that are geared towards measuring social and environmental impact, we expect that certain social and environmental criteria are already being addressed.

5 0
4 years ago
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