If a payroll manager submits the payroll file after the required daily cutoff time, what is the direct consequence for the transfer?

Answer

The entire transfer is delayed until the next available batch cycle.

If the payroll manager submits the payroll file to the company bank after the required daily cutoff time, the entire transfer is delayed until the next available batch cycle.

If a payroll manager submits the payroll file after the required daily cutoff time, what is the direct consequence for the transfer?
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