Month days calculation on the basis of
30 days
Actual
Both of them
None of them
Correct Answer :
C. Both of them
Related Questions
The calculation of per day rate is
(Basic + DA)/30
(Basic + DA)/ Actual month days
(Basic + DA)/Actual pay day
None of them
Bank advice letter send to ___________
Employee
Normal Bank a/c
Master Bank
None of the above
Company can not be modified from settings from company menu.
True
False
Bonus liability prints the net bonus payable amounts
True
False
The short cut key of employee
Ctrl + E
Ctrl + P
Ctrl + L
None of the above
EMI stands for ____________.
Equal Mutual Installment
Every Month Installment
Equal Monthly Installment
None of the above
Holiday may be differ by location to location.
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
The maximum number of emoluments are
20
24
14
None of them
The necessary condition is that all the employees has account with the Master Bank.
True
False
Left employees do not appear in salary disbrushment
True
False
After reinitializing the database financial year starting from
Loan accounts
Income tax calculation
Both of them
None of them
In Paychek to create employee we have to press________ button
Add
Insert
New
None of the above
Pay Slip contains details of _________
Employee Details
Salary
PF Details
None of the above
ESI stands for
Employee State Insurance
Employee Savings Insurance
Employer State Insurance
None of the above
Grade A denotes
Employees of management label
Employees who are involved in office works
Employees who are involved in production
None of them
Employer's contribution to FPF is
8.33 % of basic salary
RS. 540
Subject to maximum of (i) & (ii)
None of them
Paychek stores the company data in
Drive:\Payckek\date\
Drive:\Paychek\company name
Drive:\PC\Financial Year
None of them
For an employee rent paid amount & HRA both can be defined at a time.
True
False
Sumptuary Allowance given to
High Court Judges
Supreme Court Judges
Both of them
None of them
Normally Night Allowance rates shown in the package
Rs. 15
Rs. 20
Rs. 25
None of them
Month days calculation on the basis of
30 days
Actual
Both of them
None of them
Allowances paid exempted from tax
High Court Judges
Supreme Court Judges
Judicial Lawyer
All of the above
There are _______ salary components by default in PayChek.
10
14
20
9
To maintain the holiday we have to select Holiday from
Master
Transaction
Company
None of them
If the house of the employee is situated at Mumbai the HRA is ______ of the salary
40%
45%
50%
20%
Exiting designation or section cannot be deleted .
True
False
The extension of the backed up file in Smart Pay is .SBF
True
False
Location wise holiday cannot be maintained.
True
False
To print Form 16 click on
Proceed button
Confirm Button
Show Button
None of them