Question

Which payroll report is a quick synopsis of the most recently processed pay period?

a) Payroll Summary
b) Payroll Register
c) Payroll Reconciliation
d) Payroll Analysis

Answer 1

The Payroll Register is the report that provides a detailed view of each employee's wages, deductions, and net pay for the most recent pay period.

Step-by-step explanation:

The payroll report that provides a quick synopsis of the most recently processed pay period is the Payroll Register. This report includes detailed information about each employee's wages, deductions, and net pay for the specific pay period. The Payroll Summary, on the other hand, gives a cumulative view of all payroll expenses over a period of time, while Payroll Reconciliation is used for verifying the accuracy of payroll calculations and records, and Payroll Analysis is often a more in-depth look at payroll costs and trends over time, rather than focusing on a single pay period.