Question

3.When an employee has chosen to deposit paycheques directly to his/her bank account –

Select one:

a. you cannot enter the paycheque in the payroll cheque run journal

b. you can click direct deposit in the journal to issue a regular cheque

c. you cannot issue a cheque directly to the employee unless you change the employee ledger settings

d. you must add the bank account number to the payroll journal for the employee

4.Which of the following are not defined in the payroll ledger settings screens –

Select one:

a. payroll liability and expense linked accounts

b. payroll tax deduction settings

c. employee information and historical deductions

d. income and deduction names

Answer 1

Part 3

Answer is option D

D. you must add the bank account number to the payroll journal of the employee.

To set up direct deposits, the account number provided by employee in which he/she intends to receive payment should be added to the payroll journal of the employee.

Part 4

Answer is option C

C. employee information and historical deductions

It shows tax liability and tax expenses information, names of income and deduction.