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Current Affairs January 2024

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4

Smart Pay has no provision for creating multiple companies:

A. True

B. False

Correct Answer :

A. True


Related Questions

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4

Sumptuary Allowance given to

A. High Court Judges

B. Supreme Court Judges

C. Both of them

D. None of them

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4

LTA stands for __________

A. Local Telephone Allowance

B. Leave Transport Allowance

C. Leave Travelling Allowance

D. None of the above

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4

LWP calculated on

A. Gross salary

B. Net salary

C. Individual salary component

D. All of them

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4

LWP stands for___________

A. Labour Work Policy

B. Labour Welfare Policy

C. Leave Without Pay

D. None of the above

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4

To create leave allotment master we have to create the following item first

A. Employee only

B. Designation only

C. Both of them

D. None of them

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4

Paychek stores the company data in

A. Drive:\Payckek\date\

B. Drive:\Paychek\company name

C. Drive:\PC\Financial Year

D. None of them

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4

In PayChek to create holiday we have to create __________ first

A. Employee

B. Location

C. Emolument

D. All the above

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4

The short cut of production bonus entry

A. Ctrl + P

B. Ctrl + B

C. Ctrl + S

D. None of the above

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4

The extension of the backed up file in Smart Pay is .SBF

A. True

B. False

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4

For an employee rent paid amount & HRA both can be defined at a time.

A. True

B. False

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4

Month days calculation on the basis of

A. 30 days

B. Actual

C. Both of them

D. None of them

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4

Milk allowance is applicable where employee's _______________.

A. Mental Stress

B. Physical stress

C. Both of the above

D. None of the above

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4

Employer's contribution to FPF is

A. 8.33 % of basic salary

B. RS. 540

C. Subject to maximum of (i) & (ii)

D. None of them

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4

Company can not be modified from settings from company menu.

A. True

B. False

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4

After reinitializing the database financial year starting from

A. 01.04.1997

B. 01.04.2002

C. Any Date

D. None of the above

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4

The necessary condition is that all the employees has account with the Master Bank.

A. True

B. False

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4

EMI stands for ____________.

A. Equal Mutual Installment

B. Every Month Installment

C. Equal Monthly Installment

D. None of the above

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4

After reinitializing the database financial year starting from

A. Loan accounts

B. Income tax calculation

C. Both of them

D. None of them

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4

There are _______ salary components by default in PayChek.

A. 10

B. 14

C. 20

D. 9

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4

Grade A denotes

A. Employees of management label

B. Employees who are involved in office works

C. Employees who are involved in production

D. None of them

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4

The short cut key of employee

A. Ctrl + E

B. Ctrl + P

C. Ctrl + L

D. None of the above

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4

The form that deals with ESI of all employee is

A. Form 6

B. Form 13A

C. Form 10

D. None of them

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4

The maximum number of emoluments are

A. 20

B. 24

C. 14

D. None of them

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4

In this package any name of employee shown as red when

A. Employee is left

B. Net payment is negative

C. That employee take loan

D. None of the above

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4

Exiting designation or section cannot be deleted .

A. True

B. False

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4

The employees who draw Rs. 7000 as wages pay Rs. 45 as P.Tax

A. True

B. False

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4

Location wise holiday cannot be maintained.

A. True

B. False

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4

Bonus liability prints the net bonus payable amounts

A. True

B. False

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4

Normally Night Allowance rates shown in the package

A. Rs. 15

B. Rs. 20

C. Rs. 25

D. None of them

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4

Holiday may be differ by location to location.

A. True

B. false