Question 1

For the payroll register below,all the following processing controls would be useful except

Accepted Answer

A) Concurrent update control. 
B) Cross-footing balance test. 
C) Mathematical accuracy test. 
D) Hash total on Employee No. 
A) Concurrent update control. 
B) Cross-footing balance test. 
C) Mathematical accuracy test. 
D) Hash total on Employee No.

Question 2

Falk Noam is the internal auditor for Matan Incorporated.Before investigating the HRM / payroll cycle at Matan,Falk decided to read up on the proper segregation of duties regarding payroll disbursement processes.For strongest segregation of duties,the ________ should periodically observe the paycheck distribution process.

Accepted Answer

A) accounts payable department 
B) cashier 
C) internal audit department 
D) external auditor 
A) accounts payable department 
B) cashier 
C) internal audit department 
D) external auditor

Question 3

As each payroll transaction is processed,the system should also

Accepted Answer

A) allocate labor costs to appropriate general ledger accounts 
B) use cumulative totals generated from a payroll to create a summary journal entry to be posted to the general ledger 
C) both A and B above 
D) The HRM system should not perform either activity A or B. 
A) allocate labor costs to appropriate general ledger accounts 
B) use cumulative totals generated from a payroll to create a summary journal entry to be posted to the general ledger 
C) both A and B above 
D) The HRM system should not perform either activity A or B.

Question 4

A growing number of companies require some of their upper level executives to spend time performing job duties of rank-and-file employees.When the CEO of Loews Hotels assumed the role of bellman,he discovered

Accepted Answer

A) that the company's polyester uniform caused him to sweat a great deal. 
B) evidence of fraud in several hotel locations. 
C) instances where company employees fell asleep on the job. 
D) situations where employees were not treating customers properly. 
A) that the company's polyester uniform caused him to sweat a great deal. 
B) evidence of fraud in several hotel locations. 
C) instances where company employees fell asleep on the job. 
D) situations where employees were not treating customers properly.

Question 5

The average annual management salary at Iyov Management is $100,000.If the average turnover rate for employees is six per year,what is the approximate average annual cost of turnover?

Accepted Answer

A) $100,000. 
B) $400,000 
C) $600,000. 
D) $900,000. 
A) $100,000. 
B) $400,000 
C) $600,000. 
D) $900,000.

Question 6

Which of the following is not classified as a voluntary deduction?

Accepted Answer

A) Pension plan contributions. 
B) FICA. 
C) Health insurance premiums . 
D) Deductions for a charity organization 
A) Pension plan contributions. 
B) FICA. 
C) Health insurance premiums . 
D) Deductions for a charity organization

For the payroll register below,all the following processing controls would be useful except

As each payroll transaction is processed,the system should also

A growing number of companies require some of their upper level executives to spend time performing job duties of rank-and-file employees.When the CEO of Loews Hotels assumed the role of bellman,he discovered

The average annual management salary at Iyov Management is $100,000.If the average turnover rate for employees is six per year,what is the approximate average annual cost of turnover?

Which of the following is not classified as a voluntary deduction?

Conceptual Foundations of Accounting Information Systems

Overview of Transaction Processing and Enterprise Resource Planning Systems

Systems Documentation Techniques

Relational Databases

Computer Fraud

Computer Fraud and Abuse Techniques

Control and Accounting Information Systems

Controls for Information Security

Confidentiality and Privacy Controls

Processing Integrity and Availability Controls

Auditing Computer-Based Information Systems

The Revenue Cycle: Sales to Cash Collections

The Expenditure Cycle: Purchasing to Cash Disbursements

The Production Cycle

General Ledger and Reporting System

Database Design Using the Rea Data Model

Implementing an Rea Model in a Relational Database

Special Topics in Rea Modeling

Introduction to Systems Development and Systems Analysis

Ais Development Strategies

Systems Design, implementation, and Operation

Filters

Exam 15: The Human Resources Management and Payroll Cycle

For the payroll register below,all the following processing controls would be useful except

As each payroll transaction is processed,the system should also

A growing number of companies require some of their upper level executives to spend time performing job duties of rank-and-file employees.When the CEO of Loews Hotels assumed the role of bellman,he discovered

The average annual management salary at Iyov Management is $100,000.If the average turnover rate for employees is six per year,what is the approximate average annual cost of turnover?

Which of the following is not classified as a voluntary deduction?

Conceptual Foundations of Accounting Information Systems

Overview of Transaction Processing and Enterprise Resource Planning Systems

Systems Documentation Techniques

Relational Databases

Computer Fraud

Computer Fraud and Abuse Techniques

Control and Accounting Information Systems

Controls for Information Security

Confidentiality and Privacy Controls

Processing Integrity and Availability Controls

Auditing Computer-Based Information Systems

The Revenue Cycle: Sales to Cash Collections

The Expenditure Cycle: Purchasing to Cash Disbursements

The Production Cycle

General Ledger and Reporting System

Database Design Using the Rea Data Model

Implementing an Rea Model in a Relational Database

Special Topics in Rea Modeling

Introduction to Systems Development and Systems Analysis

Ais Development Strategies

Systems Design, implementation, and Operation

Filters