Question

In: Accounting

Payroll Accounting 101: Question 1: your client runs a business with 100 employees and has been...

Payroll Accounting 101:

Question 1: your client runs a business with 100 employees and has been having some personnel issues. The client has very strong religious beliefs and wants to start hiring form their religion only to create an easier culture at the office. They plan to ask the next round of interviewees their religious affiliation. What advice do you have for them?

Question 2: Yvette has a novelty goods business with 60 employees. She had a 10-year-old who came in and wanted to work as a salesperson for toys. Yvette is very impressed by the girl's ambition and is considering hiring her. Do you have any advice for Yette?

Solutions

Expert Solution

1) Today many companies are following the same policies.It seems awkward how the candidate will feel but it will help in creating a happy workplace.A new study done by the researchers shows that employees who openly discuss their religious beliefs at work are often happier and have higher job satisfaction than those employees who do not.

- While dealing with the candidates just make sure to handle the question with care which make them feel comfortable and amicable by briefing about the advantages i.e it's a company protocol to know the candidate culture and tradition better to create a comfortable and harmonious environment .

2. Yette is having a good business with 60 employees but employing a 10 year old child will not be a good option.Childrens are very innocent and they are just lured by the new things they see . Similar is the case with 10 year old .She is ambitious about it but it will bury her education and career. It's a learning stage yette can give her a chance just to fulfill her ambition but not as an employee .

In case if yette hire the girl she must also understand that education is also important for her .So she should be given proper schooling .

Providing the pressure free environment.

Encouraging the creativity and motivating the child.


Related Solutions

Question: Stephanie runs a small retail business in a poor rural community.  She has 4 employees, 2...
Question: Stephanie runs a small retail business in a poor rural community.  She has 4 employees, 2 of them part time, all of them older adults who have grown up in the area.  She has had only modest success so she has never been able to afford to provide health insurance for her employees. None of them have private insurance or Medicaid -- nor do they have primary care doctors. They rely on a small local urgent care center or the emergency...
1) The Payroll data set has data on the numbers of employees and the monthly payroll...
1) The Payroll data set has data on the numbers of employees and the monthly payroll in thousands of dollars for 50 firms in two different industries. If you divide ”payroll” by ”employees” you get the average monthly salary for each firm. The populations of interest are the firms in industry A and those in industry B. The population variable of interest is the average monthly salary in each of the firms of these populations. At a significance level of...
Your client is the owner of a business with six employees, and is thinking about setting...
Your client is the owner of a business with six employees, and is thinking about setting up a qualified retirement plan. What questions would you ask the client, and why, to determine what kind of plan would be best for her? What questions would you ask the client, and why, to determine whether there might be some retirement-planning alternative better than a qualified plan?
QUESTION 1 Which of the following is not a transaction category? Banking Employees and Payroll Customers...
QUESTION 1 Which of the following is not a transaction category? Banking Employees and Payroll Customers and Sales Company Preferences 4 points    QUESTION 2 Which report summarizes what a company has earned and the expenses incurred to earn the income? Balance Sheet Statement of Cash Flows Accounts Payable Report Profit and Loss Statement QUESTION 3 What is the primary objective of accounting? The primary objective of accounting is to provide information to the Internal Revenue Service (IRS) to ensure the...
Chapter 8: Employees and Payroll Additionally, please refer to Chapter 11 in your Cengage Accounting eText,...
Chapter 8: Employees and Payroll Additionally, please refer to Chapter 11 in your Cengage Accounting eText, accessible from the eText link in the Course Navigation Panel to the left of your screen. Requirement Tonya Latirno is a staff accountant for Cannally and Kennedy, a local CPA firm. For the past 10 years, the firm has given employees a year-end bonus equal to two weeks' salary. On November 15, the firm's management team announced that there would be no annual bonus...
Forensic Accounting Question you have been retained to assist a client with the following situation. the...
Forensic Accounting Question you have been retained to assist a client with the following situation. the client believes that there is something wrong and he wants you to evaluate his business and its exposure to theft and fraud. in less than 250 words, describe 10 things you would do to respond to the client's concerns
Discuss 1: Your understanding of the accounting side of payroll 2: Your understanding of the tax...
Discuss 1: Your understanding of the accounting side of payroll 2: Your understanding of the tax side of payroll 3: What's the two major general journal related to payroll 4: sharing payroll working experience here.
Accounting for leases Kapiti Ltd runs a successful chain of fashion boutiques, but has been experiencing...
Accounting for leases Kapiti Ltd runs a successful chain of fashion boutiques, but has been experiencing significant cash flow problems. The directors are examining a proposal made by an accounting consultant that all the shops currently owned by the company be sold and either leased back or the businesses moved to alternative leased shops. The directors are keen on the plan but are puzzled by the consultant’s insistence that all lease agreements for the shops be ‘operating’ rather than ‘finance’...
Accounting for leases Kapiti Ltd runs a successful chain of fashion boutiques, but has been experiencing...
Accounting for leases Kapiti Ltd runs a successful chain of fashion boutiques, but has been experiencing significant cash flow problems. The directors are examining a proposal made by an accounting consultant that all the shops currently owned by the company be sold and either leased back or the businesses moved to alternative leased shops. The directors are keen on the plan but are puzzled by the consultant’s insistence that all lease agreements for the shops be ‘operating’ rather than ‘finance’...
You are part of an accounting firm Advisory team that has been engaged by a client...
You are part of an accounting firm Advisory team that has been engaged by a client to assess how they might make their “sales to order” process more “efficient”, perhaps with the introduction of new technologies. The client has provided a written description of their business, and the process under review, as follows: HHH is a small manufacturer of university based sportswear (a highly competitive market where fast response times are prized by customers). Sales span every region of the...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT