The file for recording each payroll transaction for each employee and maintaining total employee wages paid for the year to date is the:
A) payroll journal.
B) summary payroll report.
C) payroll master file.
D) job time ticket.

Question

Quizplus · Accepted Answer

The payroll master file is the correct answer because it is a comprehensive database that records each payroll transaction for every employee, including detailed information such as personal details, pay rates, deductions, and the total wages paid for the year to date. This file is essential for maintaining accurate and up-to-date payroll records for all employees.

The File for Recording Each Payroll Transaction for Each Employee