Each month ABC Company records the amount of after-tax long-term disability (LTD) insurance purchased by its employees who elected to purchase this insurance. The deduction is equal to the cost of the insurance. In the month following the deduction, the insurance company invoices ABC Company. ABC then pays the invoice. At the end of April, the balance in the LTD general ledger liability account is $438.40. What does this balance represent?

Under the FLSA, how long are employers required to keep records relating to wages, hours, and conditions of employment?

Which of the following best represents compliance under Section 404 of Sarbanes Oxley?

The penalty for failure to withhold wages under a federal tax levy notice is:

What is the purpose of the payroll accrual entry?