Exam 9: Computer Processing Choices, Non-Recurring Payments, Integrated Systems, and Software Considerations in Payroll Processing

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Company specific information required for payroll processing in a computerized system includes all but the following:

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When a new computerized payroll system is purchased, it will come pre-loaded with all of the information you need to start processing pay.

(True/False)
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Companies using manual payroll processing are unable to meet the regulatory reporting requirements as outlined by the Canada Revenue Agency.

(True/False)
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