The Best Example of an Effective Payroll Transaction File Record

question 74

Multiple Choice

The best example of an effective payroll transaction file record count would most likely be

• A)sum of net pay.
• B)total number of employees.
• C)sum of FICA.
• D)total of employees' social security numbers.

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Definitions:

Recovery

The process of obtaining rightful recovery or reimbursement for losses, damages, or sums owed.

Liquidated Debt

A debt that is due and certain in amount.

Accord And Satisfaction

A negotiated agreement and payment between parties in a dispute, where payment is accepted as full resolution.

Forfeiting Right

The act of giving up or losing a right as a consequence of failing to comply with specific conditions or regulations.