The Payroll Function Adds to Organisational Success By: (I)ensuring That

question 40

Multiple Choice

The payroll function adds to organisational success by: (i) ensuring that employees are paid in a timely and accurate manner (ii) ensuring high morale and confidence in staff (iii) complying with all legislative requirements (iv) controlling salary and wage costs.

• A)(i)only
• B)(i)(iv)only
• C)(i)(iii)only
• D)(i)(ii)(iii)(iv)

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Definitions:

Overtime Pay

Compensation received for hours worked in excess of the standard working hours, typically at a higher pay rate than regular hours.

Leadership Effectiveness

The measure of a leader’s ability to achieve desired results, inspire followers, and adapt to changing circumstances.

Desirable Outcomes

Positive results or benefits that are sought after or desired by individuals or organizations from their actions or operations.

Productivity

The measure of efficiency in converting inputs into useful outputs, typically in terms of the rate of output per unit of input.