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There are various pros and cons to the four options for salary payments. Using the...

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Accounting

There are various pros and cons to the four options for salary payments. Using the scenarios listed below; choose which method would be more beneficial for an employee to be paid. Explain the pros and cons of your selection.

Yearly salary of $55,000 paid monthly

Yearly salary of $55,000 paid semi monthly

Hourly salary of $27.00 paid monthly

Hourly salary of $27.00 paid semi monthly

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