Question

As is common payroll procedure for most employers, Penelope's company _____________ her paycheck semimonthly into her checking account. This is a paperless process and no check is issued to the employee. By logging into her personnel system, Penelope has record of the net pay that was deposited into her personal checking account and an account of how much was taken out for taxes, Medicare, social security (FICA), and other deductions. Penelope's company has adopted an efficient _________ system.

Answer 1

Answer: Direct Deposits and Electronic funds transfer

Explanation:

Penelope's company direct deposits her paycheck into her checking account.

Penelope's company has adopted an efficient electronic funds transfer system.