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Question
which of the following need to be calculated to generate a payroll register? interest rate, funds, and taxes gross pay, deductions, and net pay income statement and balance sheet
A payroll register requires calculating gross pay (total earnings before deductions), deductions (like taxes, benefits), and net pay (gross pay minus deductions). Interest rate/funds (first option) relate to finance not payroll. Income statement/balance sheet (third option) are financial statements, not payroll - specific calculations.
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B. gross pay, deductions, and net pay