The __________ sub-system automates the calculation and payment of employee wages, salaries, statutory deductions, and incentives.
- AFixed Assets Accounting
- BPurchase and Accounts Payable
- CPay Roll Accounting
- DInventory
Solution & Step-by-step Explanation
The Payroll Accounting Sub-system handles employee compensation. It calculates gross salaries, processes deductions (such as income tax and provident funds), generates pay slips, and records net wage payments in the company's financial ledgers.