Can you answer this FAR question? If not, sit for FAR now!

Semimonthly

Semimonthly

Semimonthly is a payroll term meaning that the employees are paid twice a month.

If someone is paid semimonthly, they will receive 24 paychecks a year. 12 months a year times 2 paychecks a month = 24 paychecks.

There is currently no content classified with this term.

Get instant access to step-by-step instructions on how to apply and sit for the CPA Exam.