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Payroll MCQ - Multiple Choice Question and Answer

Payroll MCQ with detailed explanation for interview, entrance and competitive exams. Explanation are given for understanding.

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Question No : 1
Bank advice letter send to ___________

Employee
Normal Bank a/c
Master Bank
None of the above

Question No : 2
LWP stands for___________

Labour Work Policy
Labour Welfare Policy
Leave Without Pay
None of the above

Question No : 3
In PayChek to create holiday we have to create __________ first

Employee
Location
Emolument
All the above

Question No : 4
There are _______ salary components by default in PayChek.

10
14
20
9

Question No : 5
If the house of the employee is situated at Mumbai the HRA is ______ of the salary

40%
45%
50%
20%

Question No : 6
In Paychek to create employee we have to press________ button

Add
Insert
New
None of the above

Question No : 7
There are ____ types of leave in Paychek

3
2
4
1