Payroll Process Quiz Payroll Process MCQ Payroll Process & How to Run Payroll – Quiz 1 / 20 Q1. What does the payroll process primarily deal with? Billing customers Hiring employees Paying employees Advertising services 2 / 20 Q2. Which of the following is the first step in the payroll process? Disbursing salaries Recording employee attendance Issuing payslips Calculating deductions 3 / 20 Q3. What is gross pay? Pay after tax deductions Pay before any deductions Net salary Employee benefits 4 / 20 Q4. Which government document is often used to record tax withholding? Tax Summary Sheet W-2 or Form 16 Bonus Letter Insurance Certificate 5 / 20 Q5. What must be calculated before disbursing payroll? The number of projects completed Leave status of the HR team Tax deductions and contributions Employee satisfaction rate 6 / 20 Q6. How many basic steps are there in running payroll effectively? 2 3 5 7 7 / 20 Q7. What is a payslip? Invoice given to clients Summary of employee performance Document showing salary, deductions, and net pay Job offer letter 8 / 20 Q8. Which of the following is a common payroll frequency? Once every two years Monthly or bi-weekly Hourly only Quarterly 9 / 20 Q9. Which option is NOT a type of payroll method? DIY Payroll Hiring a Payroll Service Provider Using Employee Peer Review Hiring an Accountant 10 / 20 Q10. What’s the major benefit of using a payroll software provider like Gusto or ADP? Manual entry Automatic calculations and tax filing Slower process Limited customization 11 / 20 Q11. In the 3-step payroll setup, what is Step 1? Choose a vendor Collect employee information Pay bonuses Hire an HR manager 12 / 20 Q12. Which of the following would be considered a voluntary deduction? Income Tax Social Security Health Insurance Premium Provident Fund 13 / 20 Q13. What is typically NOT included in a payslip? Basic salary Overtime hours Marital status Tax deductions 14 / 20 Q14. What does “net pay” mean? Salary after all deductions Total cost to company Pay before tax Profit generated by an employee 15 / 20 Q15. What is the risk of NOT running payroll correctly? Employee motivation increases Legal penalties and fines Increased revenue More job applications 16 / 20 Q16. What is a common example of a statutory deduction? Gym membership Paid leave Provident Fund Festival Bonus 17 / 20 Q17. Which organization often mandates minimum payroll standards? Marketing Agencies Government or Labor Department SEO firms Banks 18 / 20 Q18. Which of these is true about global payroll processing? It's not needed for remote teams One rule fits all countries It requires understanding local compliance and tax laws All countries have the same holidays 19 / 20 Q19. What’s one reason small businesses might choose DIY payroll? Complexity Time savings Cost savings Legal protection 20 / 20 Q20. When should a business ideally run payroll? On the first day of the month According to the payroll schedule (weekly, bi-weekly, etc.) Every Sunday Every public holiday Your score isThe average score is 85% 0% Restart quiz {{#message}}{{{message}}}{{/message}}{{^message}}Your submission failed. The server responded with {{status_text}} (code {{status_code}}). Please contact the developer of this form processor to improve this message. Learn More{{/message}}{{#message}}{{{message}}}{{/message}}{{^message}}It appears your submission was successful. Even though the server responded OK, it is possible the submission was not processed. Please contact the developer of this form processor to improve this message. Learn More{{/message}}Submitting…
