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Question

_________ is a piece of paper given to an employee at the end of each week or month, which states how much money he or she has earned and how much tax has been deducted.

[1 mark]

A
Remuneration
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B
Gratuity
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C
Payroll
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D
Payslip
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Solution

The correct option is D Payslip
A payslip is a piece of paper given to an employee at the end of each week or month, which states how much money he or she has earned and how much tax has been deducted. It is a small document, included with an employee’s wage or salary, giving details of money earned and tax and insurance paid.

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