Preparing Payroll Manually Is Extremely Time Consuming Due to the Process

question 114

True/False

Preparing payroll manually is extremely time consuming due to the process of extracting all these inputs from the records and performing the mathematical computations.

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Definitions:

Strategic Plans

Long-term visions and goals of an organization, together with the strategies to achieve them.

Operational Plans

Detailed plans formulated at a lower level of the organization to implement strategic objectives through day-to-day operations.

Contingency Plans

Prepared strategies or protocols designed to be implemented in response to unforeseen or possible future events or situations.

Facilities Plans

Detailed designs and layouts that outline the physical setup, resource allocation, and operational needs of a particular space or infrastructure.