Payroll and Employee Management MCQs on Peach Tree

By: Prof. Dr. Fazal Rehman Shamil | Last updated: August 1, 2024

  1. Which Peachtree feature is used to manage employee payroll?
    a) Payroll
    b) Accounts Payable
    c) General Ledger
    d) Accounts Receivable
    Answer: a) Payroll
  2. What information is typically required to set up an employee in Peachtree?
    a) Employee name, address, Social Security number, and pay rate
    b) Customer name, invoice amount, and payment terms
    c) Vendor name, bill amount, and due date
    d) Sales order number, product details, and shipping information
    Answer: a) Employee name, address, Social Security number, and pay rate
  3. Which Peachtree report helps track employee earnings and deductions?
    a) Payroll Summary Report
    b) Accounts Payable Report
    c) General Ledger Report
    d) Sales Transactions Report
    Answer: a) Payroll Summary Report
  4. How can you process payroll in Peachtree?
    a) Use the Payroll module to calculate wages, taxes, and deductions, and generate paychecks
    b) Record payroll manually in the General Ledger
    c) Create invoices for employee wages and deductions
    d) Adjust the Accounts Payable module to reflect payroll expenses
    Answer: a) Use the Payroll module to calculate wages, taxes, and deductions, and generate paychecks
  5. What is the purpose of setting up payroll tax codes in Peachtree?
    a) To ensure accurate calculation and reporting of employee taxes
    b) To manage customer invoices and payments
    c) To track inventory levels and costs
    d) To generate sales and purchase reports
    Answer: a) To ensure accurate calculation and reporting of employee taxes
  6. Which Peachtree feature allows you to manage employee benefits and deductions?
    a) Payroll Deductions
    b) Accounts Receivable
    c) Inventory Management
    d) Sales Orders
    Answer: a) Payroll Deductions
  7. How can you generate payroll checks for employees in Peachtree?
    a) Process payroll through the Payroll module and print checks based on the calculated amounts
    b) Create manual entries in the General Ledger to reflect payroll expenses
    c) Generate invoices for employee wages and print checks manually
    d) Adjust the Accounts Payable module to include payroll amounts
    Answer: a) Process payroll through the Payroll module and print checks based on the calculated amounts
  8. What type of report would you use to review the total payroll expenses for a specific period?
    a) Payroll Expense Report
    b) Accounts Payable Report
    c) Sales Transactions Report
    d) Inventory Summary Report
    Answer: a) Payroll Expense Report
  9. How do you manage employee time and attendance in Peachtree?
    a) Record employee hours and manage time entries in the Payroll module
    b) Use the Accounts Payable module to track time and attendance
    c) Enter time and attendance manually in the General Ledger
    d) Create separate timekeeping reports outside of Peachtree
    Answer: a) Record employee hours and manage time entries in the Payroll module
  10. What should you do if an employee’s pay rate changes?
    a) Update the employee’s pay rate in the Payroll module and adjust future payroll calculations
    b) Manually adjust the pay rate on each payroll check
    c) Record the change as a separate payroll entry
    d) Adjust the General Ledger account for payroll expenses
    Answer: a) Update the employee’s pay rate in the Payroll module and adjust future payroll calculations

More MCQs on Peachtree

Related Posts: