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Questions and Answers
What is the central tool for managing employee compensation and generating payslips?
What is the central tool for managing employee compensation and generating payslips?
- HR management software
- Excel spreadsheets
- Accounting software
- Payroll software (correct)
What is the purpose of providing accurate and compliant payslips?
What is the purpose of providing accurate and compliant payslips?
- Ensure transparency and trust between employers and employees (correct)
- Minimize employee earnings
- Avoid taxation
- Maximize profits for the company
What is one of the benefits of complying with legal requirements for payslips?
What is one of the benefits of complying with legal requirements for payslips?
- Avoid penalties and legal issues (correct)
- Increase employee workload
- Maximize tax deductions
- Reduce employee benefits
Which software is mentioned as a popular option for payroll management?
Which software is mentioned as a popular option for payroll management?
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What is the purpose of managing salary calculations and deductions?
What is the purpose of managing salary calculations and deductions?
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