The payroll cycle, also known as the human resource management process, involves two systems: human resource management (hiring, training, evaluating, and firing employees) and payroll (paying employees for their services). The payroll cycle consists of the following steps: 1. Hiring/firing employees 2. Updating the payroll system (aka payroll master file) 3. Timekeeping and supervision 4. Payroll accounting (computing gross pay, deductions, and net pay) 5. Payroll distribution (direct deposit, preparing and disbursing checks) 6. Recording the journal entry The payroll cycle is initiated by the hiring (or firing) of an employee. Once an employee has been hired they need to be added to the payroll. Once an employee has begun working, supervisors are responsible for approving the employee’s time worked and attendance. After verifying the hours worked, the next step is to calculate each employee's gross pay, deductions, and net pay. Employees then need to be paid, either by depositing …
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In this video, you will learn about stock halt, its rules, and how it is triggered.#stockhalt #stockmarket #wallstreetmojo #stockexchange #regulatorChapters:00:00 โ Introduction00:35 โ What is the stock halt?01:29 โ Rules02:17 โ Triggers of stock halt02:48 โ ConclusionWhat is the stock halt?A stock halt is a scenario where the exchange halts trading in a particular stock for some time.It may be done when a regulatory action is imposed, important news is being anticipated, or a particular stock is just being bought or sold excessively.(Explained in detail in the video)RulesWhen a stock is halted for trading, it is coded with an identification number like T1, T2, T5, H10, etc.When the situation arises for halting trading in a particular stock, the exchange announces a halt to all brokers.Triggers of stock haltIf the stock price fluctuates up and down due to high volatility, then the exchange will either halt the trading, or the circuit breakers will be activated.Trading halts have been put into place so that a select group of individuals with significant capital does not manipulate prices to their whims and fancies.This will be all for this video. Subscribe to the channel, like the video, and share it with others.==========================================================================Subscribe to Our Channel โYoutube https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1LinkedIn https://www.linkedin.com/company/wallstreetmojo/Facebook https://www.facebook.com/wallstreetmojoInstagram https://www.instagram.com/wallstreetmojoofficial/Twitter https://twitter.com/wallstreetmojo
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