The retention period for payroll documents commences:
A)When an employee's ﬁrst pay is disbursed.
B)When an employee terminates employment.
C)At the time an employee is hired.
D)Once the employee completes one year of service.

Question

Quizplus · Accepted Answer

The retention period for payroll documents typically begins when an employee terminates employment, as this is when the documents are no longer actively needed for payroll processing and are instead retained for compliance and record-keeping purposes.

The Retention Period for Payroll Documents Commences