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?
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
By Default, recurring components will only calculate on the Payslip Edit Screen if the Basic Pay exists.
False
True
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