The given statement exists false. Payroll is the compensation that a company owes its workers for a specific time period and on a specific day.
A payroll is a list of the employees of a company who are eligible for payments and other work perks, as well as the amounts that each person is supposed to receive.
Payroll is the compensation that a company owes its workers for a specific time period and on a specific day. The payroll procedure may involve keeping track of the hours worked by employees, figuring out pay, and disbursing funds via cheque or direct deposit.
The method through which employees receive their pay is referred to as payroll. Data on payroll is balanced and reconciled, and taxes are deposited and reported as part of the functions. The payroll division is responsible for handling payroll deductions, maintaining records, and ensuring the accuracy of pay information.
To learn more about Payroll refer to:
https://brainly.com/question/541599
#SPJ4
