A file recording payroll transactions for each employee and maintaining total wages paid for year to date is:
A) summary payroll report.
B) rate authorisation form.
C) payroll master file.
D) deduction authorisation form.

Question

Quizplus · Accepted Answer

A payroll master file maintains records for each employee including payroll transactions and year-to-date wages paid. A summary payroll report provides an overview of payroll expenses for a specific period, a rate authorization form specifies an employee's pay rate, and a deduction authorization form allows for the withholding of certain amounts from an employee's pay.

A File Recording Payroll Transactions for Each Employee and Maintaining