Identify the Entity That Stores Most of the Data Typically

question 8

Multiple Choice

Identify the entity that stores most of the data typically found in the employee master file.

• A) Time Worked
• B) Employee
• C) HR
• D) Payroll

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Definitions:

Saving

The act of setting aside a portion of current income for future use, either by holding the funds in cash or investing them.

Disposable Income

Spendable and savable funds available to households after the deduction of income taxes.

Consumption

The act of using goods and services to satisfy needs and desires, often considered a primary component of an economy's activity.

Disposable Income

The funds left for households to manage spending and saving after income tax calculations.