Which Type of Payroll Report Includes the Details of the Current

question 10

Multiple Choice

Which type of payroll report includes the details of the current paycheck and deductions as well as year-to-date totals?

• A) payroll register
• B) deduction register
• C) earnings statement
• D) federal W-4 form

---

Definitions:

Compounded Monthly

The frequent calculation and addition of interest to an investment or debt balance each month.

Debtor Owe

Refers to the amount of money that a debtor is legally obligated to pay to a creditor.

Equal Monthly Payments

A repayment structure where the borrower pays a consistent amount each month over the life of a loan, often used in mortgages and personal loans.

Compounded Semi-Annually

The process where the interest earned on an investment is calculated and added to the principal twice a year.