Payroll MCQ Question with Answer

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

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.

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