Question

Which basic records are generated in most payroll accounting systems? a. A payroll register b. The employee's safety awards record c. The employee's earnings record d. Only "A payroll register" and "The employee's earnings record" are correct.

Answer 1

Answer . d. Only "A payroll register" and "The employee's earnings record" are correct.

Explanation : A payroll register contains is form with multiple column details like list of employees , remuneration earned , applicable deductions. Employee's earnings record contains the total accumulated earning of employees.

Both payroll register & employee's earnings record are used to meet various regulatory laws requirements like Fair labor standard act, FICA law , withholding tax laws. etc. Thus payroll register & employee's earnings record are basic records are generated in most payroll accounting systems