compliance

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2025-07-18 18:18:43 -04:00
parent aa46d2580e
commit 037fcb550f
4 changed files with 8 additions and 10 deletions

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@@ -52,7 +52,7 @@ direct deposit. Beyond ensuring timely payment, payroll practitioners are also r
payroll-related information to all relevant stakeholders, supporting transparency, compliance, and organizational
accountability.
**Payroll** is the process of paying employees in exchange for the services they perform. The
**Payroll** is the process of paying employees in exchange for the work they perform. The
term payroll can refer to:
- the department that administers the payroll
- the total number of people employed by an organization
@@ -697,10 +697,10 @@ The worker is a self-employed individual when:
Opportunity for Profit
~~~~~~~~~~~~~~~~~~~~~~~~~
A business relationship is often indicated when a worker has the ability to realize a profit or incur a loss, reflecting their
control over the financial and operational aspects of the services they provide. Self-employed individuals typically
negotiate their own rates, choose which contracts to accept, and may take on multiple contracts simultaneously. To fulfill
contractual obligations, they often incur and manage expenses, which directly influence their potential for profit.
A business relationship is often indicated when a worker has the ability to realize a profit or incur a loss, reflecting their
control over the financial and operational aspects of the services they provide. Self-employed individuals typically
negotiate their own rates, choose which contracts to accept, and may take on multiple contracts simultaneously. To fulfill
contractual obligations, they often incur and manage expenses, which directly influence their potential for profit.
In contrast, employees generally do not bear financial risk or benefit from profit. While commission-based employees may
increase their earnings through performance, this does not represent profit in the traditional sense, as it does not reflect

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@@ -86,7 +86,7 @@ compensated accurately and on time, in accordance with legislative requirements
direct deposit. Beyond ensuring timely payment, payroll practitioners are also responsible for effectively communicating
payroll-related information to all relevant stakeholders, supporting transparency, compliance, and organizational
accountability.</p>
<p><strong>Payroll</strong> is the process of paying employees in exchange for the services they perform. The
<p><strong>Payroll</strong> is the process of paying employees in exchange for the work they perform. The
term payroll can refer to:</p>
<blockquote>
<div><ul class="simple">
@@ -670,12 +670,10 @@ reflect the autonomy and financial risk typically associated with self-employmen
</section>
<section id="opportunity-for-profit">
<h3><span class="section-number">4.6.9. </span>Opportunity for Profit<a class="headerlink" href="#opportunity-for-profit" title="Link to this heading"></a></h3>
<dl class="simple">
<dt>A business relationship is often indicated when a worker has the ability to realize a profit or incur a loss, reflecting their</dt><dd><p>control over the financial and operational aspects of the services they provide. Self-employed individuals typically
<p>A business relationship is often indicated when a worker has the ability to realize a profit or incur a loss, reflecting their
control over the financial and operational aspects of the services they provide. Self-employed individuals typically
negotiate their own rates, choose which contracts to accept, and may take on multiple contracts simultaneously. To fulfill
contractual obligations, they often incur and manage expenses, which directly influence their potential for profit.</p>
</dd>
</dl>
<p>In contrast, employees generally do not bear financial risk or benefit from profit. While commission-based employees may
increase their earnings through performance, this does not represent profit in the traditional sense, as it does not reflect
income earned beyond expenses. Moreover, employees do not typically share in a businesss profits or losses.</p>