In the context of payrolls, what does "net wage payable" refer to?

The total amount of money earned by an employee.

The amount of money before deductions.

The amount of money after deducting taxes and other withholdings.

The bonus amount received by an employee.

Which of the following is NOT an avoidable cause of labor turnover?

Unsympathetic attitude of the management.

Change for better job opportunities.

What is one of the negative effects of high labor turnover on production?

Increased efficiency due to fresh perspectives.

Decreased need for training new employees.

Higher production planning accuracy.

Loss in production due to frequent changes in the workforce.

What is the purpose of conducting a personnel audit?

To assess employee job satisfaction.

To identify opportunities for promotions.

To ensure compliance with employment laws and regulations.

To evaluate employee productivity.

What is labor turnover?

The rate at which employees are promoted within the organization.

The number of workers who leave employment during a specific period.

The number of temporary workers hired by an organization.

The number of workers who retire from the organization.

What is the primary purpose of a performance management system?

To provide feedback and assess employee performance.

Why is it important to conduct regular human resources audits?

To increase employee job satisfaction.

To improve internal communication.

To identify opportunities for cost-cutting.

To prevent litigation and ensure compliance.

Which step is NOT part of the disbursement of wages process?

Preparing pay packets with exact cash.

Conducting employee performance evaluations.

Distributing pay packets to employees.

Ensuring accurate calculation of payments.

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