Components

Payroll Component Knowledge Quiz

Test your understanding of payroll components with this engaging quiz! Whether you are a company level user, HR professional, or simply interested in payroll processes, this quiz will help reinforce your knowledge on key topics related to payslips and payroll management.

Are you ready to challenge yourself? You will answer questions like:

Can Basic Pay be renamed?
How are leave liabilities calculated?
Which components show on the PDF payslip?

10 Questions2 MinutesCreated by LearningNinja402

The payslip name for Basic Pay needs to be changed to Basic Salary

It can be changed on the payroll component screen

It cannot be changed

It can be changed on the General Ledger screen

Can be overwritten on the Edit Payslip screen

To indicate that a component is part of package.

Only Basic Pay can form part of package

Can only be indicated on the Payroll Component screen.

Can only be indicated on the Edit Payslip screen when overriding.

Can be indicated on the Payroll Components screen and the Payroll Recurring Components screen

When a company level user deactivates the Overtime @1.5 component, it will remove the component from the Edit Payslip screen that was previously processed.

True

False

A company level user deactivates the Travel Allowance component.

The amount on the Edit Payslip screen will only be removed

The amount will not be removed as it was already saved on the Recurring Payroll Component screen.

The amount will be removed from the Recurring Payroll Components and the Edit Payslip screen

None of these answers

By Default, all components display on the employees PDF payslip.

True

False: Except Note Components

False: Except Fringe Benefits

False: Only components that form part of package.

Statutory and automatic components can also be set to not show on the PDF payslip.

False: It is not possible as they are statutory

True: It can be done on the Payroll Components screen

True: It can be done on the General Ledger Parameters screen

True: It can be done on the Payroll Components screen and the General Ledger screen.

True: Can be done under Hide/Show Payslip Items

Only Basic Pay prorates when an employee only works part of the period.

False: Components can be indicated to prorate the same as the Basic Pay on the General Ledger screen

True

False: Components can be indicated to prorate the same as the Basic Pay on the Payroll Components screen

False: You can advise the client to manually prorate the other components

Leave Liability.

Refers to the month-by-month provision based on leave accrual. This component displays the leave movement from one month to the next.

Refers to the leave value that needs to be paid should the employee’s record be terminated.

Refers to the encashment of leave, when an employee is terminated on the payroll. Part of the standard components when a company is created. This component can also be used to simply encash leave, if approved.

Refers to the average of the variable income, for example commission, that should be remunerated to the employee to make up for any loss of income whilst on leave.

During the first month the employee is added on the payroll, the Leave Provision and Leave Liability will be the same.

True

False

Components

Payroll Component Knowledge Quiz

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