Which of the following is false regarding the payroll process?
A) it supports the repetitive work routines of the payroll department
B) because payroll is a key competency, it typically does not make sense to outsource this process
C) it maintains data for payroll taxes and fringe benefits
D) moving from bi-weekly to monthly payroll can reduce costs by 30 to 50 percent

Question

Quizplus · Accepted Answer

Outsourcing payroll can be beneficial for many companies as it allows them to focus on core competencies and can be more cost-effective than maintaining an in-house payroll system. The statement that payroll typically should not be outsourced because it is a key competency is false; many organizations find value in outsourcing payroll to specialized providers.

Which of the Following Is False Regarding the Payroll Process