The payroll process maintains records containing data for payroll taxes and fringe benefits, attendance reporting, timekeeping, and paying employees for work performed.

Question

Quizplus · Accepted Answer

The payroll process involves maintaining records and data related to various aspects of employee compensation and benefits, including payroll taxes, fringe benefits, attendance reporting, timekeeping, and payment for work performed. This data is used to ensure that employees are compensated accurately and in compliance with relevant laws and regulations.

The Payroll Process Maintains Records Containing Data for Payroll Taxes