Which Type of Payroll Report Contains Information Such as the Employees

question 41

Multiple Choice

Which type of payroll report contains information such as the employees' gross pay,payroll deductions,and net pay in a multicolumn format?

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

---

Definitions:

Net Income

The total earnings of a company after subtracting all costs and expenses, including taxes and interest, from its total revenues.

Balance Sheet Columns

The sections within a balance sheet that display a company's assets, liabilities, and shareholders' equity at a specific point in time.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term and long-term obligations, calculated as current assets divided by current liabilities.

Current Assets

Resources owned by a company that are expected to be converted into cash, sold, or consumed within a year or within the operating cycle of the business.