Multiple Choice
What does the term "billable time" mean as it pertains to payroll accounting?
A) It is employee labor that may be billed to customers.
B) It is employee labor that does not pertain to labor on customer jobs.
C) It is non-traceable labor that a company must absorb as overhead.
D) It is non-employee labor that the company must pay.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Columns included in the payroll register to
Q3: Which of the following financial report(s) reflect
Q4: The purpose of the net pay and
Q5: How does a debit balance in the
Q6: What effect do payroll entries have on
Q7: Which of the following is true about
Q8: Kierofree Air Tours has the following payroll
Q9: Rushing River Boats has the following data
Q10: In the General Ledger, the debit column
Q11: Which of these accounts is increased by