Introduction To Payroll Systems - Qp5
8 Questions
| Attempts: 2138
Questions and Answers
- 1.An employee is, by law, entitled to a payslip.
- A.
True
- B.
False
- 2.The following has to appear on the payslip by law: (Select four)
- A.
Employer’s name
- B.
Employee’s address
- C.
Employee’s payroll number
- D.
Employee’s name
- E.
Date of payment
- F.
Redundancy pay
- 3.Total pension contributions to date have to appear on the pay slip.
- A.
True
- B.
False
- 4.It is important to ensure that payslips are always distributed within the timescale set by the organisation.
- A.
True
- B.
False
- 5.The reason that cash payments are discouraged is because: (Select four)
- A.
First the total cash required must be calculated.
- B.
The money must be kept in the safe until the pay packets are made up.
- C.
The pay packets, with the exact money in them, are then distributed to the employees.
- D.
Any uncollected pay packets should be returned to the system
- E.
Sometimes wages are paid to casual employees in cash from petty cash or from the till.
- F.
If an employee is absent, his pay packet may be given to anyone else to deliver
- 6.The bank giro credit is even more secure than EFT's.
- A.
True
- B.
False
- 7.Some payroll software runs exception reports that highlights and anomalies.
- A.
True
- B.
False
Related Topics
Back to top