Answer :
Profit is the chance a business owner will lose the time and money invested in a business to be unprofitable employers.
Employers put in place payroll internal controls in their payroll department to safeguard payroll data and guarantee proper payroll transactions. These business restrictions can take many different shapes and ultimately rely on the risk factor at play.
The following are listed as the primary steps in processing payroll: Timekeeping is done using timesheets and hourly timecards Employers. The amount of salary earned before taxes and deductions is known as gross pay. Calculating withholdings: the sums required for withholding on federal, state, and business benefit taxes.
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