Which of the following best describes the purpose of the payroll register?
A) It is a list of all persons and companies that the company pays money during a period.
B) It is a report that becomes published with other ﬁnancial reports.
C) It is a worksheet that accountants use to ensure payroll accuracy.
D) It is an individual register maintained for each employee, listing of all the payroll information.

Question

Quizplus · Accepted Answer

The purpose of the payroll register is to provide a worksheet for accountants to ensure payroll accuracy. It lists each employee's name, gross pay, withholdings, and net pay. It is not a list of all payees or a report published with other financial reports, and it is not an individual register for each employee.

Which of the Following Best Describes the Purpose of the Payroll