Tr - Fa2 - Employee Management

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| By Catherine Halcomb

Catherine Halcomb

Community Contributor

Quizzes Created: 1518 | Total Attempts: 5,452,476

Questions: 10 | Attempts: 55 | Updated: May 24, 2023

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Quiz for Financial Apps training from the Training Dept.

Questions and Answers

1.

Which forms must be completed when setting up a new employee?
- A.
  
  Employee Details
- B.
  
  Rates
- C.
  
  Time & Billing
- D.
  
  Budgets
Correct Answer(s)
A. Employee Details
C. Time & Billing

Explanation
When setting up a new employee, two forms must be completed: Employee Details and Time & Billing. The Employee Details form collects all the necessary personal information of the employee, such as name, address, contact details, and employment history. The Time & Billing form captures the employee's working hours, rates, and any billing information related to their work. These forms are essential for accurately documenting and managing the new employee's details and ensuring proper payroll and billing processes.

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2.

If an employee has an employee record in Expert they are automatically eligible to enter time.
- A.
  
  True
- B.
  
  False
Correct Answer
B. False

Explanation
The statement is false because having an employee record in Expert does not automatically make an employee eligible to enter time. Eligibility to enter time is determined by various factors such as job role, project assignment, and company policies. Just having an employee record does not guarantee the eligibility to enter time.

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3.

Mass Personnel Edit is used to make modifications to multiple employee records at the same time.
- A.
  
  True
- B.
  
  False
Correct Answer
A. True

Explanation
Mass Personnel Edit is a feature or tool that allows users to make changes or modifications to multiple employee records simultaneously. This can be useful in situations where there is a need to update or edit information for a group of employees all at once, rather than making individual changes for each employee. By using Mass Personnel Edit, users can save time and effort by performing bulk edits efficiently. Therefore, the given statement that Mass Personnel Edit is used to make modifications to multiple employee records at the same time is true.

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4.

The ______________ form is used to maintain estimates for billable and non-billable hours and amounts and projected receipts for each employee.

Correct Answer
budget
budgets

Explanation
The correct answer is "budget". In order to maintain estimates for billable and non-billable hours and amounts, as well as projected receipts for each employee, a budget form is used. This form helps track and manage the financial resources allocated to different aspects of a project or organization, ensuring that expenses and revenues are properly accounted for. Additionally, the plural form "budgets" could also be applicable in cases where multiple budgets are being maintained for different departments or purposes.

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4
5.

General Ledger information entered specifically for an employee will override the settings in the GL Map.
- A.
  
  True
- B.
  
  False
Correct Answer
A. True

Explanation
When entering information in the General Ledger (GL) specifically for an employee, it will take precedence over the settings in the GL Map. This means that any specific information entered for an employee will override the default settings in the GL Map. This allows for more flexibility and customization in the GL entries for individual employees, ensuring that their specific transactions are accurately recorded and accounted for.

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6.

What happens if you don’t check the “Allow Special Rates” checkbox for an employee?
- A.
  
  All time will be billed at a zero rate
- B.
  
  Special rates at the client or matter level will be ignored
- C.
  
  You cannot enter rates for this employee in the Employee Rate Form
Correct Answer
B. Special rates at the client or matter level will be ignored

Explanation
If you don't check the "Allow Special Rates" checkbox for an employee, it means that special rates at the client or matter level will be ignored. This implies that the employee will not be able to use any special rates that have been set specifically for certain clients or matters. The employee will only be able to bill time at the standard rates that have been set for them.

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7.

Which option is used to define the allocation of realization credits to another employee?
- A.
  
  Move Employee History
- B.
  
  Change Employee Code
- C.
  
  Credit Recipients
Correct Answer
C. Credit Recipients

Explanation
The option "Credit Recipients" is used to define the allocation of realization credits to another employee. This feature allows the user to specify which employees should receive the credits earned by another employee. By selecting "Credit Recipients," the user can easily distribute the credits to the appropriate individuals within the organization.

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8.

The rank code is a required field when setting up a new employee.
- A.
  
  True
- B.
  
  False
Correct Answer
A. True

Explanation
The rank code is a required field when setting up a new employee because it helps to categorize and organize employees based on their job level or position within the organization. This information is crucial for various administrative and management purposes such as determining salary, benefits, and job responsibilities. Without the rank code, it would be difficult to accurately track and manage employee information effectively. Therefore, it is necessary to include the rank code as a required field when setting up a new employee.

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9.

Which field on the Employee Details form determines which Menu will display for the employee upon accessing Expert?
- A.
  
  Work Group
- B.
  
  Application Group
- C.
  
  Personnel Type
- D.
  
  Security
Correct Answer
B. Application Group

Explanation
The field on the Employee Details form that determines which Menu will display for the employee upon accessing Expert is the Application Group. This field is used to assign employees to specific application groups, and each application group has its own menu. By selecting the appropriate application group for an employee, the system will display the corresponding menu when the employee accesses Expert.

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10.

Entering a hire date is optional when setting up a new employee.
- A.
  
  True
- B.
  
  False
Correct Answer
B. False

Explanation
Entering a hire date is not optional when setting up a new employee. It is a required field as it is crucial for record-keeping and tracking the employee's employment history. The hire date helps determine the length of employment, eligibility for benefits, and compliance with labor laws. Therefore, it is necessary to provide the hire date when setting up a new employee.

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Tr - Fa2 - Employee Management

Which forms must be completed when setting up a new employee?

If an employee has an employee record in Expert they are automatically eligible to enter time.

Mass Personnel Edit is used to make modifications to multiple employee records at the same time.

The ______________ form is used to maintain estimates for billable and non-billable hours and amounts and projected receipts for each employee.

General Ledger information entered specifically for an employee will override the settings in the GL Map.

What happens if you don’t check the “Allow Special Rates” checkbox for an employee?

Which option is used to define the allocation of realization credits to another employee?

The rank code is a required field when setting up a new employee.

Which field on the Employee Details form determines which Menu will display for the employee upon accessing Expert?

Entering a hire date is optional when setting up a new employee.