In an IPO Chart of a Payroll System,the Payroll Master

question 13

Multiple Choice

In an IPO chart of a payroll system,the payroll master file would

• A) appear as an input.
• B) appear as an output.
• C) Answers A and B are correct.
• D) not be represented in the chart

---

Definitions:

Unemployment

The situation of someone of working age and willing to work being unable to find employment.

Off the Books

Financial transactions or employment that are not officially recorded or declared, often to avoid taxes or adhere to regulations.

Inefficiently High Quality

A form of inefficiency in which sellers offer high-quality goods at a high price even though buyers would prefer a lower quality at a lower price; often the result of a price floor.

Government Imposes

Actions undertaken by a government to enforce regulations, taxes, or penalties on individuals or organizations.