Setting up employee records MCQs on Peach Tree

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

  1. What information is typically required to set up a new employee record in Peachtree?
    a) Employee name, Social Security number, address, and pay rate
    b) Customer name, invoice number, and payment amount
    c) Vendor name, bill amount, and payment terms
    d) Sales order number, product details, and shipping address
    Answer: a) Employee name, Social Security number, address, and pay rate
  2. Which Peachtree feature allows you to add or edit employee records?
    a) Payroll
    b) Accounts Payable
    c) Accounts Receivable
    d) General Ledger
    Answer: a) Payroll
  3. How do you assign a pay rate to an employee in Peachtree?
    a) Enter the pay rate in the employee’s record under the Payroll settings
    b) Create a separate invoice for the employee’s pay rate
    c) Adjust the General Ledger account for payroll
    d) Update the Accounts Payable module with the employee’s pay rate
    Answer: a) Enter the pay rate in the employee’s record under the Payroll settings
  4. Which section of the employee record in Peachtree includes tax information?
    a) Payroll Tax Information
    b) Employee Address
    c) Job Title
    d) Payment Terms
    Answer: a) Payroll Tax Information
  5. To ensure compliance with tax regulations, which details should be included in an employee’s record?
    a) Social Security number, tax withholding information, and tax codes
    b) Customer payment history and credit terms
    c) Vendor payment terms and due dates
    d) Sales order details and shipping information
    Answer: a) Social Security number, tax withholding information, and tax codes
  6. How can you record an employee’s job title and department in Peachtree?
    a) Enter the details in the employee’s profile under Job Information
    b) Create a new transaction in the Accounts Payable module
    c) Update the General Ledger with job and department details
    d) Add this information in the Accounts Receivable module
    Answer: a) Enter the details in the employee’s profile under Job Information
  7. What is the purpose of entering an employee’s address in Peachtree?
    a) To ensure accurate mailing of paychecks and tax documents
    b) To track customer billing addresses
    c) To manage vendor payment addresses
    d) To record sales and shipping addresses
    Answer: a) To ensure accurate mailing of paychecks and tax documents
  8. When setting up an employee record, how do you define their payroll frequency?
    a) Specify the payroll frequency in the employee’s Payroll settings (e.g., weekly, bi-weekly, monthly)
    b) Adjust the frequency in the Accounts Payable module
    c) Enter payroll frequency details in the General Ledger
    d) Record payroll frequency in the Accounts Receivable settings
    Answer: a) Specify the payroll frequency in the employee’s Payroll settings (e.g., weekly, bi-weekly, monthly)
  9. How can you update an employee’s benefits information in Peachtree?
    a) Modify the employee’s record under Benefits and Deductions
    b) Create a new invoice for the benefits
    c) Adjust the General Ledger for benefits expenses
    d) Enter benefits information in the Accounts Receivable module
    Answer: a) Modify the employee’s record under Benefits and Deductions
  10. What action should be taken if an employee’s tax withholding information changes?
    a) Update the employee’s record in the Payroll module with the new withholding information
    b) Adjust the General Ledger to reflect the change
    c) Create a new transaction to account for the withholding change
    d) Modify the Accounts Payable module with updated withholding details
    Answer: a) Update the employee’s record in the Payroll module with the new withholding information

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