Use of Spreadsheet in Business Applications — Practice Quiz
Madhya Pradesh Board · Class 12 · Accountancy
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Quick Quiz: Use of Spreadsheet in Business Applications
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Which payroll component is the amount added to Basic Pay according to designation and applicable pay band or scale of pay?
Which payroll component is described as a statutory deduction under the Provident Fund Act and part of social security?
Which formula correctly represents Basic Pay Earned?
What does NOEDP stand for in payroll calculation?
Sample Questions
Which formula gives the Net Salary?
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Net Salary = Total Earnings - Total Deductions
Net Salary is obtained by subtracting Total Deductions from Total Earnings.
Which Excel function is used to compute Straight Line depreciation?
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SLN
Straight Line depreciation is computed using the Excel function SLN.
Which Excel function is used to compute Written Down Value depreciation?
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DB
Written Down Value depreciation is computed using the Excel function DB.
Which function is used to compute loan repayment instalments in the spreadsheet?
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PMT
PMT is the Excel financial function used to compute periodic loan repayment instalments.
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