20.8k views
2 votes
The term "payroll" pertains to both salaries and wages of employees
True
False

User Sebster
by
6.8k points

1 Answer

3 votes

Final answer:

The term 'payroll' pertains to both salaries and wages of employees.

Step-by-step explanation:

The term 'payroll' pertains to both salaries and wages of employees. This statement is true. Payroll refers to the total amount of money that a company pays to its employees for the work they have done. It includes both salaries, which are fixed amounts paid to employees on a regular basis, and wages, which are payments based on the number of hours worked or the tasks completed.

User Anushree Acharjee
by
7.9k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.