Payroll processing efficiency can be increased by eliminating paper documents and replacing them with electronic recording devices.Which of the following documents would be likely to yield the greatest cost saving by this conversion?
A)Payroll register
B)Earnings statement
C)Deduction register
D)Time card

Question

Quizplus · Accepted Answer

Time cards are usually filled out by employees and contain information on hours worked, breaks taken, and overtime. If these time cards are replaced with electronic time clocks, there will be significant cost savings in terms of reduced paper usage, decreased storage needs, and less time spent on manual data entry. The other documents listed (payroll register, earnings statement, deduction register) may also benefit from electronic recording devices, but they are typically generated by the payroll system and may not result in as much cost savings as eliminating paper time cards.

Payroll Processing Efficiency Can Be Increased by Eliminating Paper Documents