Choose three of the following changes that may be negotiated in a collective agreement and provide an example of how each would impact the payroll department. • Timing of changes . • Changes to salaries, wages, overtime rates Paid absences · Group benefits Retroactive payment dates • Method of payment for retroactive adjustment

Accounting Information Systems
10th Edition
ISBN:9781337619202
Author:Hall, James A.
Publisher:Hall, James A.
Chapter6: The Expenditure Cycle Part Ii: Payroll Processing And Fixed Asset Procedures
Section: Chapter Questions
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Choose three of the following changes that may be negotiated in a collective agreement and
provide an example of how each would impact the payroll department.
• Timing of changes
•
•
•
•
•
Changes to salaries, wages, overtime rates
Paid absences
Group benefits
Retroactive payment dates
Method of payment for retroactive adjustment
Transcribed Image Text:Choose three of the following changes that may be negotiated in a collective agreement and provide an example of how each would impact the payroll department. • Timing of changes • • • • • Changes to salaries, wages, overtime rates Paid absences Group benefits Retroactive payment dates Method of payment for retroactive adjustment
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