Why is outsourced payroll popular among accounting professionals?
A)Payroll processing is always simpler and quicker.
B)Data generated by the outsource company is completely accurate.
C)Time required for payroll processing is reduced.
D)Records generated by outsourced vendors are not subject to retention rules.

Question

Quizplus · Accepted Answer

Outsourced payroll is popular among accounting professionals because it reduces the time required for payroll processing. This allows accounting professionals to focus on other tasks and improves overall efficiency. Option A and B are not necessarily true for all outsourced payroll companies, and option D is incorrect as records generated by outsourced vendors are subject to retention rules.

Why Is Outsourced Payroll Popular Among Accounting Professionals