Question 1

Which of the following activities is not part of the process of updating payroll data?

Accepted Answer

A) prepare cash disbursement 
B) distribute pay slips 
C) distribute leave forms 
D) prepare accounts payable 
A) prepare cash disbursement 
B) distribute pay slips 
C) distribute leave forms 
D) prepare accounts payable

Question 2

Why employee exit should be managed carefully?

Accepted Answer

Many employees have access to company as

Question 3

Common controls of the risk of advertising inappropriate/incorrect positions do not include:

Accepted Answer

A) Matching vacancies to existing position descriptions. 
B) Including relevant key selection criteria on all position descriptions. 
C) Authorisation of position advertisement by senior operational manager. 
D) One for one matching of open positions closed and employee records generated. 
A) Matching vacancies to existing position descriptions. 
B) Including relevant key selection criteria on all position descriptions. 
C) Authorisation of position advertisement by senior operational manager. 
D) One for one matching of open positions closed and employee records generated.

Question 4

The HR management and payroll cycle commences when:

Accepted Answer

A) ~ the organisation identifies a requirement to recruit a new employee 
B) a new employee joins the organisation 
C) a new employee is paid for the first time in the organisation 
D) None of the options are correct. 
A) ~ the organisation identifies a requirement to recruit a new employee 
B) a new employee joins the organisation 
C) a new employee is paid for the first time in the organisation 
D) None of the options are correct.

Question 5

Identifying and dealing with underperforming staff do NOT necessarily require:

Accepted Answer

A) consideration of the employees' history with the organisation 
B) a clear understanding of targets and goals appropriate for the employee 
C) documented evidence of any past performance concerns 
D) knowledge of applicable employee legislation 
A) consideration of the employees' history with the organisation 
B) a clear understanding of targets and goals appropriate for the employee 
C) documented evidence of any past performance concerns 
D) knowledge of applicable employee legislation

Question 6

Position description data is generally created by:

Accepted Answer

A) High level employees within the HR function,working in tandem with operational managers and supervisors. 
B) Operational managers and supervisors only. 
C) High level employees within the HR function only. 
D) Any employee from the HR function,working in tandem with operational managers and supervisors. 
A) High level employees within the HR function,working in tandem with operational managers and supervisors. 
B) Operational managers and supervisors only. 
C) High level employees within the HR function only. 
D) Any employee from the HR function,working in tandem with operational managers and supervisors.

Question 7

Which of the following is normally not included in a payslip?

Accepted Answer

A) Gross wages based on either their salary contract or hours worked multiplied by their wage rate. 
B) Deductions taken from gross wages on behalf of external bodies such as the taxation department and superannuation funds. 
C) Balances due for various forms of leave. 
D) Financial entitlements when employees exit the organisation. 
A) Gross wages based on either their salary contract or hours worked multiplied by their wage rate. 
B) Deductions taken from gross wages on behalf of external bodies such as the taxation department and superannuation funds. 
C) Balances due for various forms of leave. 
D) Financial entitlements when employees exit the organisation.

Question 8

A sound,well controlled HR management and payroll cycle can provide a competitive advantage by:

Accepted Answer

A) Controlling costs 
B) Providing superior employees at lower levels within the organisation 
C) Providing superior employees at higher levels within the organisation 
D) All of the options are correct. 
A) Controlling costs 
B) Providing superior employees at lower levels within the organisation 
C) Providing superior employees at higher levels within the organisation 
D) All of the options are correct.

Question 9

Which of the following is less likely to be a KPI that can be used to measure the objective of "Beneficially control and manage employee exits".

Accepted Answer

A) Number of exit interviews conducted. 
B) Level of compliance with exit procedure policies and procedures. 
C) Level of compliance with legal requirements. 
D) Volume and value of exit fees recovered from employees. 
A) Number of exit interviews conducted. 
B) Level of compliance with exit procedure policies and procedures. 
C) Level of compliance with legal requirements. 
D) Volume and value of exit fees recovered from employees.

Question 10

Which of the following is not associated with the recording of employee work time?

Accepted Answer

A) RFID 
B) Time clock scanner 
C) Biometric scanner 
D) None of the options are correct. 
A) RFID 
B) Time clock scanner 
C) Biometric scanner 
D) None of the options are correct.

Question 11

Which of the following can be used as a KPI to measure the objective of "Accurately calculate and disburse salary and wage payments"?

Accepted Answer

A) Volume and value of employee overpayments detected. 
B) Volume and value of employee underpayments detected. 
C) Salary and wage expenditure variances. 
D) All of the options are correct. 
A) Volume and value of employee overpayments detected. 
B) Volume and value of employee underpayments detected. 
C) Salary and wage expenditure variances. 
D) All of the options are correct.

Question 12

In the HR management phase of the HR management and payroll cycle:

Accepted Answer

A) The HR manager ensures that pay rates and changes to pay rates are recorded for each employee. 
B) The HR manager ensures that every employee should undergo continuous professional development. 
C) The HR manager ensures that every employee is happy. 
D) The HR manager ensures that no employee should work overtime when unnecessary. 
A) The HR manager ensures that pay rates and changes to pay rates are recorded for each employee. 
B) The HR manager ensures that every employee should undergo continuous professional development. 
C) The HR manager ensures that every employee is happy. 
D) The HR manager ensures that no employee should work overtime when unnecessary.

Question 13

Which of the following external entities do not interact with the HR management and payroll cycle?

Accepted Answer

A) Tax agencies 
B) Customers 
C) Employees 
D) Banks 
A) Tax agencies 
B) Customers 
C) Employees 
D) Banks

Question 14

Which of the following is NOT a strategic level policy decision in the HR management and payroll cycle?

Accepted Answer

A) creation of a new position 
B) whether to fill an existing vacancy 
C) employee payment policies and procedures 
D) calculation of payroll amounts 
A) creation of a new position 
B) whether to fill an existing vacancy 
C) employee payment policies and procedures 
D) calculation of payroll amounts

Question 15

Which of the following is not involved in the payroll preparation process?

Accepted Answer

A) Tax agencies 
B) Revenue cycle 
C) Ordinary employees 
D) Production cycle 
A) Tax agencies 
B) Revenue cycle 
C) Ordinary employees 
D) Production cycle

Question 16

The primary responsibility of the payroll function is to ensure that:

Accepted Answer

A) Human capital is paid for and is in high morale. 
B) Human capital is paid for accurately and on time. 
C) Human capital is neither overpaid nor underpaid. 
D) All of the options are correct. 
A) Human capital is paid for and is in high morale. 
B) Human capital is paid for accurately and on time. 
C) Human capital is neither overpaid nor underpaid. 
D) All of the options are correct.

Question 17

What are the risks associated with employee induction and what are the possible control measures?

Accepted Answer

The main risk here is that the successfu

Question 18

Strategic level decisions in the HR management and payroll cycle includes the creation of policies for various areas.Give two examples of such areas with brief explanation.

Accepted Answer

Creation of a new position: Requires und

Question 19

Which of the following statements regarding human resources staff is true?

Accepted Answer

A) Human resources staff are not responsible for the quality of the staff employed by the organisation 
B) Human resources staff are partially responsible for the quality of the staff employed by the organisation. 
C) Human resources staff are fully responsible for the quality of the staff employed by the organisation. 
D) Human resources staff and the quality of the staff employed by the organisation are irrelevant. 
A) Human resources staff are not responsible for the quality of the staff employed by the organisation 
B) Human resources staff are partially responsible for the quality of the staff employed by the organisation. 
C) Human resources staff are fully responsible for the quality of the staff employed by the organisation. 
D) Human resources staff and the quality of the staff employed by the organisation are irrelevant.

Question 20

The payroll function adds to organisational success by: (i)ensuring that employees are paid in a timely and accurate manner (ii)ensuring high morale and confidence in staff (iii)complying with all legislative requirements (iv)controlling salary and wage costs.

Accepted Answer

A) (i)only 
B) (i)(iv)only 
C) (i)(iii)only 
D) (i)(ii)(iii)(iv) 
A) (i)only 
B) (i)(iv)only 
C) (i)(iii)only 
D) (i)(ii)(iii)(iv)

Which of the following activities is not part of the process of updating payroll data?

Why employee exit should be managed carefully?

Common controls of the risk of advertising inappropriate/incorrect positions do not include:

The HR management and payroll cycle commences when:

Identifying and dealing with underperforming staff do NOT necessarily require:

Position description data is generally created by:

Which of the following is normally not included in a payslip?

A sound,well controlled HR management and payroll cycle can provide a competitive advantage by:

Which of the following is less likely to be a KPI that can be used to measure the objective of "Beneficially control and manage employee exits".

Which of the following is not associated with the recording of employee work time?

Which of the following can be used as a KPI to measure the objective of "Accurately calculate and disburse salary and wage payments"?

In the HR management phase of the HR management and payroll cycle:

Which of the following external entities do not interact with the HR management and payroll cycle?

Which of the following is NOT a strategic level policy decision in the HR management and payroll cycle?

Which of the following is not involved in the payroll preparation process?

The primary responsibility of the payroll function is to ensure that:

What are the risks associated with employee induction and what are the possible control measures?

Strategic level decisions in the HR management and payroll cycle includes the creation of policies for various areas.Give two examples of such areas with brief explanation.

Which of the following statements regarding human resources staff is true?

The payroll function adds to organisational success by: (i)ensuring that employees are paid in a timely and accurate manner (ii)ensuring high morale and confidence in staff (iii)complying with all legislative requirements (iv)controlling salary and wage costs.

Systems Fundamentals

Systems Characteristics and Considerations

Database Concepts I

Database Concepts II

XBRL Reporting

System Mapping and Documentation

Internal Controls I

Internal Controls II

Transaction Cycle The Revenue Cycle

Transaction Cycle The Expenditure Cycle

Transaction Cycle The Production Cycle

Transaction Cycle The General Ledger and Financial Reporting Cycle

Systems Development

Auditing of Accounting Information Systems

Ethics, fraud and Computer Crime

Filters

Exam 12: Transaction Cycle The HR Management and Payroll Cycle

Which of the following activities is not part of the process of updating payroll data?

Why employee exit should be managed carefully?

Common controls of the risk of advertising inappropriate/incorrect positions do not include:

The HR management and payroll cycle commences when:

Identifying and dealing with underperforming staff do NOT necessarily require:

Position description data is generally created by:

Which of the following is normally not included in a payslip?

A sound,well controlled HR management and payroll cycle can provide a competitive advantage by:

Which of the following is less likely to be a KPI that can be used to measure the objective of "Beneficially control and manage employee exits".

Which of the following is not associated with the recording of employee work time?

Which of the following can be used as a KPI to measure the objective of "Accurately calculate and disburse salary and wage payments"?

In the HR management phase of the HR management and payroll cycle:

Which of the following external entities do not interact with the HR management and payroll cycle?

Which of the following is NOT a strategic level policy decision in the HR management and payroll cycle?

Which of the following is not involved in the payroll preparation process?

The primary responsibility of the payroll function is to ensure that:

What are the risks associated with employee induction and what are the possible control measures?

Strategic level decisions in the HR management and payroll cycle includes the creation of policies for various areas.Give two examples of such areas with brief explanation.

Which of the following statements regarding human resources staff is true?

The payroll function adds to organisational success by: (i)ensuring that employees are paid in a timely and accurate manner (ii)ensuring high morale and confidence in staff (iii)complying with all legislative requirements (iv)controlling salary and wage costs.

Systems Fundamentals

Systems Characteristics and Considerations

Database Concepts I

Database Concepts II

XBRL Reporting

System Mapping and Documentation

Internal Controls I

Internal Controls II

Transaction Cycle The Revenue Cycle

Transaction Cycle The Expenditure Cycle

Transaction Cycle The Production Cycle

Transaction Cycle The General Ledger and Financial Reporting Cycle

Systems Development

Auditing of Accounting Information Systems

Ethics, fraud and Computer Crime

Filters