Question:
Name the accounting information sub-system which deals with payment of wages and salaries of employees.
Name the accounting information sub-system which deals with payment of wages and salaries of employees.
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This sub-system helps reduce manual errors in payroll management and ensures compliance with legal regulations.
Updated On: Jul 8, 2025
- Costing sub-system
- Expense accounting sub-system
- Payroll accounting sub-system
- Tax accounting sub-system
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The Correct Option is C
Solution and Explanation
The Payroll Accounting Sub-system manages employee compensation, including wages, salaries, bonuses, deductions, and net pay. It automates salary calculations, statutory compliance (PF, ESI), and maintains records, reducing errors and ensuring timely payments.
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