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Adjustments Quiz

A modern office setting with people discussing financial adjustments, charts and graphs related to wages, and a computer screen displaying a quiz interface.

Adjustments Knowledge Quiz

Test your understanding of adjustments in the financial year period with our engaging quiz. This quiz is designed for professionals looking to sharpen their skills and ensure compliance.

12 thought-provoking questions
Multiple choice and checkbox formats
Instant feedback on your answers

12 Questions3 MinutesCreated by CalculatingEagle512

What is the maximum amount of days we can enter for a financial year period?

However many the employer provides

365

260

220

What is the variance that we should be checking regular workers wages for?

20%

10%

What do we compare when trying to identify is any variance is applied in the workers wages?

Wages for other periods of the adjustment only

Wages provided on previous WDW's by the same employer

All wages ever provided for this particular worker

Both A & B

When should we be checking for the variance in wages?

Before submitting the adjustment

Never - the approver checks for this

What should we be checking when reviewing working director wages?

Consistent wages

No variances greater than 5%

All of the above

Where can you find the ADJ quality measures?

There are none

The Phones & Admin shared folder

By asking your TL

What needs to be inlcuded in your adjustment explanation? Please select all

ADJ ID

Worker phone number

Worker details (reg number & name)

Period of adjustment

How long the worker has been part of the scheme

Location of Rule that explains why this worker is covered

Reason the ADJ is being raised

Type of work performed

If any amendments are made to the information that has been provided by the employer you must include:

Confirmaton of this in writing

A note explaining the reason for this

Nothing

Leave it to the approver to work it out

Any adjustment notes must be added to:

Worker & Employer

Worker only

Employer only

What information must be attached to your adjustment?

The information received by the employer only

Any correspondence relating to the adjustment

Any workings out/calculations used for the adjustment

All of the above

What date should the effective date be?

The date the employer called us

The date we are raising the adjustment

The date the information included in the adjustment was received

When the ADJ is for less than ____ workers, we need to include worker details in the explanation & add notes to their accounts

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