Question

Which of the following best describes the main difference between a payroll register and an employee earnings record?

A.) The employee earnings record shows the length of time an employee has been employed by an employer, while the payroll register does not.
B.) The payroll register provides a summary of the earnings of all employees for each pay period, while the earnings record provides a summary of the annual earnings of an individual employee.
C.) An employee earnings record is the same as a payroll register.
D.) The employee earnings record provides a summary of the earnings of all employees for each pay period, while the payroll register provides a summary of the annual earnings of an individual employee.

Answer 1

Option B correctly describes the difference between a payroll register and an employee earnings record. The payroll register summarizes earnings for all employees per pay period, while the employee earnings record details annual earnings for each employee individually.

Step-by-step explanation:

The main difference between a payroll register and an employee earnings record is that the payroll register provides a summary of the earnings of all employees for each pay period, while the employee earnings record provides a detailed record of an individual employee's earnings for the entire year. Option B is the correct answer.

The payroll register is a document that lists all employees along with their respective payment details for a specific pay period, such as wages, taxes withheld, and other deductions. It provides a summarized view of the total labor costs for that period. In contrast, the employee earnings record is a detailed account for each employee, showing their cumulative earnings, taxes, and other deductions for the entire year. This record tracks an individual's employment financial history over time.