Final answer:Contemporary payroll practices are characterized by the strategic use of payroll data for company planning and the increasing reliance on computerized systems over manual processes.Automationhas made this possible by allowing technology to perform routine tasks more efficiently and at a reduced cost. The correct option is c).Explanation:Contemporary payroll practices reflect thestrategic use of payroll dataas a company planning tool and the replacement of accounting personnel withcomputerized systems. The automation of the workplace has led to the use of technology to perform routine tasks more efficiently and at lower costs than human labor. This shift has implications for the job market, as automation can reduce the number of employees needed and change the nature of work. For instance, in payroll accounting, software can now handle tasks that bookkeepers and accountants used to do, often in a more cost-effective manner. Consequently, one of the contemporary payroll practices is the strategic use of payroll data for planning and decision-making, as well as an increased reliance on technology rather than manual processes.Nevertheless, adjustingwages to productivity levelsdoes not occur rapidly, as employers commonly review wages infrequently, and productivity can be challenging to measure, especially at the individual level. Furthermore, payroll taxes are an essential part of payroll practices, requiring employers to report and pay taxes at the federal, state, and local levels, typically on a quarterly or annual basis. These taxes are crucial for both employers and employees and must be meticulously managed.Learn more about Contemporary Payroll Practices here:brainly.com/question/29223668#SPJ11...

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