______________is the transactional process through which compensation is transferred to employees and federal, state, and local income and payroll taxes are withheld from employees' checks.

Question

Quizplus · Accepted Answer

Payroll refers specifically to the process of paying employees, including the withholding of taxes from their paychecks. Compensation and benefits are related concepts but do not specifically refer to the transactional process of paying employees.

______________Is the Transactional Process Through Which Compensation Is Transferred to Employees