Question

Major elements in a payroll system are a.a payroll register. b.employees' earnings records. c.payroll checks. d.All of these choices are correct.

Answer 1

Major elements in a payroll system are All of these choices are correct.

d. All of these choices are correct

Explanation:

The payroll system can be used to maintain the payment details of employees and the employment taxes.

Some of the major elements in a payroll system are

i) Payroll register

ii) Employee’s earnings records

iii) Payroll checks

Internal controls for payroll systems restricted access to the check signing machine. The changes in pay rates are made authorized and written form.

The payroll system helps to track working hours of employee and calculate the wages. They also help in paying employment taxes to the government.