Exam 14: The Human Resources Process Hrmanagement and Payroll Processes

The human capital management process is an interacting structure of people equipment,activities,and controls that supports the repetitive work routines and decision needs of the HR department.

In an imprest system,the bank account is reimbursed for the exact amount of the disbursements made from the fund.

The manager of safety,health services and benefits usually reports to the controller.

Wages taxable under FICA are reported on Form 941.

For good internal control an organization should segregate the duties of:

Which of the following is not part of the information provided by HR management to support management decisions?

Which of the following payroll-related frauds can have a direct impact on the organization's insurance company?

Below is a narrative for the "Pay employees" portion (bubble 4.0)of the payroll process described in Chapter 14. Narrative Description Validated attendance time records initiate the payment to workers in process 4.0 (Pay employees).In calculating employees' gross and net pay,Process 4.1 (Prepare paychecks)retrieves data from both the employee/payroll master data and the tax rates data.Process 4.1 accumulates current,quarter-to-date,and year-to-date totals for each employee and reports this information via the data flow "Payroll register." This information also is used to update the employee/payroll master data.Finally,process 4.1 prints and distributes paychecks to employees as reflected in the "Employee paychecks" data flow. The data flow "Payroll register" triggers process 4.2 (Prepare disbursement voucher).This will result in a data flow for the GL disbursement voucher update and a data flow for the disbursement voucher.Process 4.3 (Prepare payroll transfer check)and sends the check to the bank to cover the organization's periodic net payroll. Required: Using the DFD in TB Figure 14.4 and the narrative description above,identify the words that belong in items 1 to 11 of Diagram 4.0 (TB Figure 14.5).

A company that specializes in rendering payroll services to client companies for a fee is a payroll service bureau.

The trigger for the payroll process "pay employees" is (are)validated ______________________________.

Which of the following control plans will detect discrepancies between the attendance time and job time?

The key functions of ensuring that the information needs of HR managers and staff workers are satisfied and serving as the liaison between the IT department and the HR department is the job position of the manager of:

The labor-force planning data catalogs each employee's set of relative skills.

The ______________________________ is an account used solely for payroll purposes.Funds are transferred into the account to cover payroll checks to be issued.

The trigger for the payroll process "pay employees" is the payroll register.

The cashier is in charge of payroll check disbursement.

Employee fraud schemes in the area of reimbursement of expenses include all of the following except:

Attendance time records show the time periods that employees are in attendance at the job site and available for work.

Inputs to the HR management process are provided by:

The manager of ______________________________ handles employee complaints.