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A Special Bank Account Used Solely for the Purpose of Paying

Question 59

Multiple Choice

A special bank account used solely for the purpose of paying employees is created by depositing the amount of each employees' net pay into the account every pay period.This account is referred to as a(n) :


A) Federal depository bank account.
B) Employee's individual earnings account.
C) Employees' bank account.
D) Payroll register account.
E) Payroll bank account.

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