MBKB's National Payroll Week Quiz Question Title * 1. What is the primary function of payroll? To manage employee schedules To correctly pay employees To monitor employee performance To handle customer complaints Question Title * 2. What does RTI stand for in UK payroll? Real Tax Information Revenue Tax Integration Real Time Information Revenue Timing Information Question Title * 3. Which tax form is given to employees summarising their total pay and deductions for the year? P6 P46 P45 P60 Question Title * 4. What is the PAYE system? Pay As You Earn Payment And Yearly Earnings Pay After Year-End Payroll Annual Yield Estimate Question Title * 5. Which of the following is a mandatory payroll report that must be submitted to HMRC under the Real Time Information (RTI) system? Full Payment Submission (FPS) Self Assessment Tax Return VAT Return Corporation Tax Return Question Title * 6. Which term refers to the final amount paid to an employee after all deductions? Gross pay Base salary Pay excluding bonuses and benefits Net pay Question Title * 7. Which of these is not a payroll audit? An examination of payroll records and processes A review of employee performance A PAYE audit by HMRC A check that payroll is accurate Question Title * 8. What document is provided to an employee at the end of employment? P60 P45 P6 P46 Done