A payroll clearing account is used to
A) check the accuracy of payroll costs.
B) speed up payroll transaction processing.
C) reduce the transaction costs associated with payroll transaction processing.
D) eliminate the need to manually record payroll transactions.
Answer: A
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Red Chilly Productions, a production studio based in the United States, decides to make a major change in its distribution strategy. It withdraws contracts from its retail partners and begins to operate its own rental store
This results in its retail partners filing several lawsuits against the company. This scenario is an example of__________. Fill in the blanks with correct word.
Which of the following refers to an amount of money paid to the court to ensure that the defendant will return for trial?
A) surety B) bail C) bond D) booking