The extension of the backed up file in Smart Pay is .SBF
True
False
Correct Answer :
B. False
Related Questions
After reinitializing the database financial year starting from
Loan accounts
Income tax calculation
Both of them
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
Allowances paid exempted from tax
High Court Judges
Supreme Court Judges
Judicial Lawyer
All of the above
Left employees do not appear in salary disbrushment
True
False
EMI stands for ____________.
Equal Mutual Installment
Every Month Installment
Equal Monthly Installment
None of the above
Salary component name can not support
Space
Special Character
Both of them
None of them
If the house of the employee is situated at Mumbai the HRA is ______ of the salary
40%
45%
50%
20%
In Paychek to create employee we have to press________ button
Add
Insert
New
None of the above
In PayChek to create holiday we have to create __________ first
Employee
Location
Emolument
All the above
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
LWP calculated on
Gross salary
Net salary
Individual salary component
All of them
Milk allowance is applicable where employee's _______________.
Mental Stress
Physical stress
Both of the above
None of the above
There are ____ types of leave in Paychek
3
2
4
1
The extension of the backed up file in Smart Pay is .SBF
True
False
To print Form 16 click on
Proceed button
Confirm Button
Show Button
None of them
ESI stands for
Employee State Insurance
Employee Savings Insurance
Employer State Insurance
None of the above
Bonus liability prints the net bonus payable amounts
True
False
Smart pay is a payroll processing software package for__________
Office worker
Factory worker
Both of the above
None of the above
The short cut of production bonus entry
Ctrl + P
Ctrl + B
Ctrl + S
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
Bank advice letter send to ___________
Employee
Normal Bank a/c
Master Bank
None of the above
Sumptuary Allowance given to
High Court Judges
Supreme Court Judges
Both of them
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
There are _______ salary components by default in PayChek.
10
14
20
9
LTA stands for __________
Local Telephone Allowance
Leave Transport Allowance
Leave Travelling Allowance
None of the above
The calculation of per day rate is
(Basic + DA)/30
(Basic + DA)/ Actual month days
(Basic + DA)/Actual pay day
None of them
Smart Pay has no provision for creating multiple companies:
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
After reinitializing the database financial year starting from
01.04.1997
01.04.2002
Any Date
None of the above