The employee/payroll master data is the central repository of data about people who work for an organization.

Question

Quizplus · Accepted Answer

The employee/payroll master data is indeed the central repository of data about people who work for an organization. This data usually includes information such as employee names, job titles, salaries, benefits, tax information, and other relevant details. Keeping this data updated and accurate is essential for HR and payroll departments to manage employee records, process payroll, and comply with legal and regulatory requirements.

The Employee/payroll Master Data Is the Central Repository of Data