The necessary condition is that all the employees has account with the Master Bank.
True
False
Correct Answer :
A. True
Related Questions
The employees who draw Rs. 7000 as wages pay Rs. 45 as P.Tax
True
False
LWP stands for___________
Labour Work Policy
Labour Welfare Policy
Leave Without Pay
None of the above
To create leave allotment master we have to create the following item first
Employee only
Designation only
Both of them
None of them
Month days calculation on the basis of
30 days
Actual
Both of them
None of them
The short cut key of employee
Ctrl + E
Ctrl + P
Ctrl + L
None of the above
The extension of Back up file ________
.exp
.mdb
.bck
None of the above
Bank advice letter send to ___________
Employee
Normal Bank a/c
Master Bank
None of the above
Left employees do not appear in salary disbrushment
True
False
Bonus liability prints the net bonus payable amounts
True
False
The short cut key of section _________.
Ctrl+S
Ctrl+C
Ctrl+G
None of the above
Pay Slip contains details of _________
Employee Details
Salary
PF Details
None of the above
LTA stands for __________
Local Telephone Allowance
Leave Transport Allowance
Leave Travelling Allowance
None of the above
Sumptuary Allowance given to
High Court Judges
Supreme Court Judges
Both of them
None of them
Grade A denotes
Employees of management label
Employees who are involved in office works
Employees who are involved in production
None of them
To maintain the holiday we have to select Holiday from
Master
Transaction
Company
None of them
Holiday may be differ by location to location.
True
false
The short cut of production bonus entry
Ctrl + P
Ctrl + B
Ctrl + S
None of the above
Milk allowance is applicable where employee's _______________.
Mental Stress
Physical stress
Both of the above
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
Normally Night Allowance rates shown in the package
Rs. 15
Rs. 20
Rs. 25
None of them
PF falls under the head:
Emoulument
Deduction
Loan
Rebate
Exiting designation or section cannot be deleted .
True
False
To print Form 16 click on
Proceed button
Confirm Button
Show Button
None of them
Company subscribes Rs. ____ against each existing employee for LWF.
Rs.1
Rs.2
Rs.3
None of them
LWP calculated on
Gross salary
Net salary
Individual salary component
All of them
Allowances paid exempted from tax
High Court Judges
Supreme Court Judges
Judicial Lawyer
All of the above
The maximum number of emoluments are
20
24
14
None of them
Smart Pay has no provision for creating multiple companies:
True
False
If the house of the employee is situated at Mumbai the HRA is ______ of the salary
40%
45%
50%
20%
The form that deals with ESI of all employee is
Form 6
Form 13A
Form 10
None of them