What information does the Stat Summary Details Report recap?

The Stat Summary Details Report focuses on providing a comprehensive overview of liabilities for the current pay period. This report is particularly valuable for payroll specialists as it details the amounts that the company is obligated to pay, which can include wages, taxes, benefits, and other deductions that apply to the employees for that specific pay period. Understanding these liabilities is crucial for accurate payroll processing and financial planning, as it ensures that all commitments to employees and tax authorities are accounted for and fulfilled in a timely manner.

In contrast to this, the other choices do not align with the primary function of the Stat Summary Details Report. While company profits, employee performance ratings, and total hours worked may be important figures within payroll and HR contexts, they are not the main focus of this particular report. The insights provided by the Stat Summary Details Report allow payroll specialists to manage their obligations effectively, ensuring compliance and financial accuracy.