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Business, Accounting and FinanceBSBFIM502 Manage payrollStudent AssessmentStudent Name: Md. Aiub UddinStudent Number: 10031748Version 1.0RTO: 41422 CRICOS: 03590D
Written Questions and AnswersAssessment is all about collecting evidence and making decisionsas to whether or not a student has achieved competency.Students are required to answer all the questions. Evidence isinformation gathered that provides proof of competency. Whileevidence must be sufcient, trainers and assessors must focus onthe quality of evidence rather than the quantity of evidence.1.What are some security procedures to protect information andpossible approaches for payroll information? List 5 diferentoptions and give a brief explanation for each.toisan
Version 1.0RTO: 41422 CRICOS: 03590D2 |P a g e
Version 1.0RTO: 41422 CRICOS: 03590D3 |P a g erelatedpayrolinformationaboutstaffandthecompany,mustbebackedupinawaythatminimisesorpreventstheriskofdatalos.Copiesofreferencearchivescanstilbekeptoff-siteincaseanythinggoeswrongwiththeorganization'sfilingsystemandtheoriginalfilesarelost.2.Identify the key provisions of relevant legislation standardsand codes that may afect payroll operations.? Please ensure youaddresstaxationlegislation,privacylegislation,discrimination legislation & WHS legislation.anti-
Youwilguarante thesubstantiationofalowancestatementsbydefiningspecific rulesandprotocolsforthepaymentofalAustralianTaxationOfficeWithholdingonPAYG:WeklyTaxesTaxesaredueeverytwoweks.MonthlyTaxesTerminationTaxRegulationsConcesionsReimbursementsFringeBenePrivacyLegislatiTreatmentofPersonalInformation *Aces andStorage)SecurityofSystem DataCompensationfoEmployesrReturntoworkSuitableDutiesFairWorkCommisionUnfairDismisalActNationalEmploymentStandardsAnti-DiscriminationAct3.Whatproceduresguaranteesubstantiationofclaimsforallowances?

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