Bonus liability prints the net bonus payable amounts
True
False
Correct Answer :
A. True
Related Questions
Milk allowance is applicable where employee's _______________.
Mental Stress
Physical stress
Both of the above
None of the above
To print Form 16 click on
Proceed button
Confirm Button
Show Button
None of them
Location wise holiday cannot be maintained.
True
False
The short cut key of employee
Ctrl + E
Ctrl + P
Ctrl + L
None of the above
In this package any name of employee shown as red when
Employee is left
Net payment is negative
That employee take loan
None of the above
Normally Night Allowance rates shown in the package
Rs. 15
Rs. 20
Rs. 25
None of them
LWP calculated on
Gross salary
Net salary
Individual salary component
All of them
Sumptuary Allowance given to
High Court Judges
Supreme Court Judges
Both of them
None of them
Allowances paid exempted from tax
High Court Judges
Supreme Court Judges
Judicial Lawyer
All of the above
Exiting designation or section cannot be deleted .
True
False
Month days calculation on the basis of
30 days
Actual
Both of them
None of them
LTA stands for __________
Local Telephone Allowance
Leave Transport Allowance
Leave Travelling Allowance
None of the above
The short cut key of section _________.
Ctrl+S
Ctrl+C
Ctrl+G
None of the above
Left employees do not appear in salary disbrushment
True
False
Workman called to work in place of other employee in a different job for emergency eligible for________ allowance.
Replace
Acting
Normal
None of the above
There are ____ types of leave in Paychek
3
2
4
1
If the house of the employee is situated at Mumbai the HRA is ______ of the salary
40%
45%
50%
20%
For an employee rent paid amount & HRA both can be defined at a time.
True
False
PF falls under the head:
Emoulument
Deduction
Loan
Rebate
Employer's contribution to FPF is
8.33 % of basic salary
RS. 540
Subject to maximum of (i) & (ii)
None of them
To create leave allotment master we have to create the following item first
Employee only
Designation only
Both of them
None of them
EMI stands for ____________.
Equal Mutual Installment
Every Month Installment
Equal Monthly Installment
None of the above
The form that deals with ESI of all employee is
Form 6
Form 13A
Form 10
None of them
ESI stands for
Employee State Insurance
Employee Savings Insurance
Employer State Insurance
None of the above
LWP stands for___________
Labour Work Policy
Labour Welfare Policy
Leave Without Pay
None of the above
Paychek stores the company data in
Drive:\Payckek\date\
Drive:\Paychek\company name
Drive:\PC\Financial Year
None of them
Smart pay is a payroll processing software package for__________
Office worker
Factory worker
Both of the above
None of the above
The employees who draw Rs. 7000 as wages pay Rs. 45 as P.Tax
True
False
Company can not be modified from settings from company menu.
True
False
The extension of the backed up file in Smart Pay is .SBF
True
False