AUD 3 Internal Control 15 Operating Cycles Personnel and Payroll Flashcards

Question 1

Q

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Answer

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Question 2

Q

Personnel and Payroll Cycle

The personnel cycle of a business normally is se______ed between different departments:

Answer

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Question 3

Q

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between dif_______ departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

Answer

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

Question 4

Q

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Per_______ – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

Answer

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

Question 5

Q

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Pay____ – (recording)
Treasurer – (custody)
Controller – (comparison)

Answer

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

Question 6

Q

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Tre_______ – (custody)
Controller – (comparison)

Answer

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

Question 7

Q

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Con_______ – (comparison)

Answer

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

Question 8

Q

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (a____________)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

Answer

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

Question 9

Q

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (re________)
Treasurer – (custody)
Controller – (comparison)

Answer

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

Question 10

Q

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (com______)

Answer

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

Question 11

Q

Personnel and Payroll Cycle

The pe_______ cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

Answer

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

Question 12

Q

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

P_________ – (authorization)
P______ – (recording)
Treasurer – (custody)
Controller – (comparison)

Answer

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

Question 13

Q

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
T________ – (custody)
C_________– (comparison)

Answer

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

Question 14

Q

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (___________)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

Answer

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

Question 15

Q

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (_________)
Treasurer – (custody)
Controller – (comparison)

Answer

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

Question 16

Q

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (________)
Controller – (comparison)

Answer

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

Question 17

Q

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (_________)

Answer

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

Question 18

Q

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

• Personnel – This is the authorization department that is responsible for hiring of new employees, approval of changes in pay rates, and termination of employees.

Answer

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

• Personnel – This is the authorization department that is responsible for hiring of new employees, approval of changes in pay rates, and termination of employees.

Question 19

Q

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

• Personnel – This is the authorization department that is responsible for hiring of new employees, approval of changes in pay rates, and termination of employees.

Answer

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

• Personnel – This is the authorization department that is responsible for hiring of new employees, approval of changes in pay rates, and termination of employees.

Question 20

Q

Personnel and Payroll Cycle

• Personnel

– This is the aut________ department

Answer

A

Personnel and Payroll Cycle

• Personnel

– This is the authorization department

Question 21

Q

Personnel and Payroll Cycle

• Personnel

– This is the authorization department that is responsible for

h______ of new employees,

Answer

A

Personnel and Payroll Cycle

• Personnel

– This is the authorization department that is responsible for

hiring of new employees,

Question 22

Q

Personnel and Payroll Cycle

• Personnel

– This is the authorization department that is responsible for

hiring of n__ employees,

Answer

A

Personnel and Payroll Cycle

• Personnel

– This is the authorization department that is responsible for

hiring of new employees,

Question 23

Q

Personnel and Payroll Cycle

• Personnel

– This is the authorization department that is responsible for

hiring of new em____ees,
approval of changes in pay rates,

Answer

A

Personnel and Payroll Cycle

• Personnel

– This is the authorization department that is responsible for

hiring of new employees,
approval of changes in pay rates,

Question 24

Q

Personnel and Payroll Cycle

• Personnel

– This is the authorization department that is responsible for

hiring of new employees,
ap______ of changes in pay rates,

Answer

A

Personnel and Payroll Cycle

• Personnel

– This is the authorization department that is responsible for

hiring of new employees,
approval of changes in pay rates,

Question 25

Q

Personnel and Payroll Cycle

• Personnel

– This is the authorization department that is responsible for

hiring of new employees,
approval of changes in p__ rates,

Answer

A

Personnel and Payroll Cycle

• Personnel

– This is the authorization department that is responsible for

hiring of new employees,
approval of changes in pay rates,

Question 26

Q

Personnel and Payroll Cycle

• Personnel

– This is the authorization department that is responsible for

hiring of new employees,
approval of ch___es in pay rates,
and termination of employees.

Answer

A

Personnel and Payroll Cycle

• Personnel

– This is the authorization department that is responsible for

hiring of new employees,
approval of changes in pay rates,
and termination of employees.

Question 27

Q

Personnel and Payroll Cycle

• Personnel

– This is the authorization department that is responsible for

hiring of new employees,
approval of changes in pay rates,
and ter________ of employees.

Answer

A

Personnel and Payroll Cycle

• Personnel

– This is the authorization department that is responsible for

hiring of new employees,
approval of changes in pay rates,
and termination of employees.

Question 28

Q

Personnel and Payroll Cycle

• Pe________

– This is the authorization department that is responsible for

hiring of new employees,
approval of changes in pay rates,
and termination of employees.

Answer

A

Personnel and Payroll Cycle

• Personnel

– This is the authorization department that is responsible for

hiring of new employees,
approval of changes in pay rates,
and termination of employees.

Question 29

Q

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)
Personnel – This is the authorization department that is responsible for hiring of new employees, approval of changes in pay rates, and termination of employees.
Payroll – This is the recording department that performs the calculation of payroll amounts.

Answer

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)
Personnel – This is the authorization department that is responsible for hiring of new employees, approval of changes in pay rates, and termination of employees.
Payroll – This is the recording department that performs the calculation of payroll amounts.

Question 30

Q

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

• Payroll – This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel, and will calculate payroll based on time sheets and other reports approved by appropriate supervisors in the various operational departments of the company.

Answer

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

• Payroll – This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel, and will calculate payroll based on time sheets and other reports approved by appropriate supervisors in the various operational departments of the company.

Question 31

Q

Personnel and Payroll Cycle

• Payroll

– This is the r_____ing department that performs the calculation of payroll amounts.

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

Question 32

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the cal_______ of payroll amounts.

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

Question 33

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of pa______ amounts.

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

Question 34

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll am_____s.

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

Question 35

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that pe______s the calculation of payroll amounts.

They will examine and then update records based on authorization forms

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms

Question 36

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will ex______ and then update records based on authorization forms

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms

Question 37

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then up____ records based on authorization forms

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms

Question 38

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on aut_________ forms

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms

Question 39

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update re____s based on authorization forms

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms

Question 40

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization fo__s for
hiring,
firing,

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for
hiring,
firing,

Question 41

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for
h__ing,
firing,

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for
hiring,
firing,

Question 42

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for 
hiring, 
f\_\_ing, and 
pay rates 
received from personnel,

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for 
hiring, 
firing, and 
pay rates 
received from personnel,

Question 43

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for 
hiring, 
firing, and 
p\_\_ rates 
received from personnel,

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for 
hiring, 
firing, and 
pay rates 
received from personnel,

Question 44

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for 
hiring, 
firing, and 
pay rates 
re\_\_\_\_ed from personnel,

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for 
hiring, 
firing, and 
pay rates 
received from personnel,

Question 45

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for 
hiring, 
firing, and 
pay rates 
received from per\_\_\_\_\_\_\_l,

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for 
hiring, 
firing, and 
pay rates 
received from personnel,

Question 46

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel,

and will calc_____ payroll based on time sheets

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel,

and will calculate payroll based on time sheets

Question 47

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel,

and will calculate pa______ based on time sheets

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel,

and will calculate payroll based on time sheets

Question 48

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel,

and will calculate payroll based on ti__ sheets

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel,

and will calculate payroll based on time sheets

Question 49

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel, and will calculate payroll

based on time sh___s and other reports

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel, and will calculate payroll

based on time sheets and other reports

Question 50

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel, and will calculate payroll

based on time sheets and other re____s

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel, and will calculate payroll

based on time sheets and other reports

Question 51

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel, and will calculate payroll

based on time sheets and other reports
approved by appropriate su________s in the various operational departments of the company.

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel, and will calculate payroll

based on time sheets and other reports
approved by appropriate supervisors in the various operational departments of the company.

Question 52

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel, and will calculate payroll

based on time sheets and other reports
approved by appropriate supervisors in the various ope________ departments of the company.

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel, and will calculate payroll

based on time sheets and other reports
approved by appropriate supervisors in the various operational departments of the company.

Question 53

Q

Personnel and Payroll Cycle

• Pay____

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel,

and will calculate payroll
based on time sheets and other reports
approved by appropriate supervisors in the various operational departments of the company.

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel,

and will calculate payroll
based on time sheets and other reports
approved by appropriate supervisors in the various operational departments of the company.

Question 54

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay re____s and prepare vouchers for the amount of payment.

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vouchers for the amount of payment.

Question 55

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They up____ pay records and prepare vouchers for the amount of payment.

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vouchers for the amount of payment.

Question 56

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and pre____ vouchers for the amount of payment.

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vouchers for the amount of payment.

Question 57

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vou____s for the amount of payment.

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vouchers for the amount of payment.

Question 58

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vouchers for the a______t of payment.

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vouchers for the amount of payment.

Question 59

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vouchers for the amount of pay____.

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vouchers for the amount of payment.

Question 60

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vouchers for the amount of payment.

They may also be involved in the pre________ of pay checks

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vouchers for the amount of payment.

They may also be involved in the preparation of pay checks

Question 61

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vouchers for the amount of payment.

They may also be involved in the preparation of pay ch___s

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vouchers for the amount of payment.

They may also be involved in the preparation of pay checks

Question 62

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vouchers for the amount of payment.

They may also be involved in the preparation of pay checks
as long as they do n__ have the ability to sign them

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vouchers for the amount of payment.

They may also be involved in the preparation of pay checks
as long as they do not have the ability to sign them

Question 63

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vouchers for the amount of payment.

They may also be involved in the preparation of pay checks
as long as they do not have the ability to si__ them

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vouchers for the amount of payment.

They may also be involved in the preparation of pay checks
as long as they do not have the ability to sign them

Question 64

Q

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vouchers for the amount of payment.

They may also be involved in the preparation of pay checks
as long as they do not have the ability to sign them
and do n__ receive custody of signed but unclaimed pay checks that have not been voided.

Answer

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vouchers for the amount of payment.

They may also be involved in the preparation of pay checks
as long as they do not have the ability to sign them
and do not receive custody of signed but unclaimed pay checks that have not been voided.

Answer 65

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vouchers for the amount of payment.

They may also be involved in the preparation of pay checks
as long as they do not have the ability to sign them
and do not receive custody of signed but unclaimed pay checks that have not been voided.

Answer 66

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vouchers for the amount of payment.

They may also be involved in the preparation of pay checks
as long as they do not have the ability to sign them
and do not receive custody of signed but unclaimed pay checks that have not been voided.

Answer 67

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vouchers for the amount of payment.

They may also be involved in the preparation of pay checks
as long as they do not have the ability to sign them
and do not receive custody of signed but unclaimed pay checks that have not been voided.

Answer 68

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vouchers for the amount of payment.

They may also be involved in the preparation of pay checks
as long as they do not have the ability to sign them
and do not receive custody of signed but unclaimed pay checks that have not been voided.

Answer 69

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vouchers for the amount of payment.

They may also be involved in the preparation of pay checks
as long as they do not have the ability to sign them
and do not receive custody of signed but unclaimed pay checks that have not been voided.

Answer 70

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They update pay records and prepare vouchers for the amount of payment.

They may also be involved in the preparation of pay checks
as long as they do not have the ability to sign them
and do not receive custody of signed but unclaimed pay checks that have not been voided.

Answer 71

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel, and will calculate payroll based on time sheets and other reports approved by appropriate supervisors in the various operational departments of the company.

They update pay records and prepare vouchers for the amount of payment. They may also be involved in the preparation of pay checks as long as they do not have the ability to sign them and do not receive custody of signed but unclaimed pay checks that have not been voided.

Answer 72

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel, and will calculate payroll based on time sheets and other reports approved by appropriate supervisors in the various operational departments of the company.

They update pay records and prepare vouchers for the amount of payment. They may also be involved in the preparation of pay checks as long as they do not have the ability to sign them and do not receive custody of signed but unclaimed pay checks that have not been voided.

Answer 73

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel, and will calculate payroll based on time sheets and other reports approved by appropriate supervisors in the various operational departments of the company.

They update pay records and prepare vouchers for the amount of payment. They may also be involved in the preparation of pay checks as long as they do not have the ability to sign them and do not receive custody of signed but unclaimed pay checks that have not been voided.

Answer 74

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel, and will calculate payroll based on time sheets and other reports approved by appropriate supervisors in the various operational departments of the company.

They update pay records and prepare vouchers for the amount of payment. They may also be involved in the preparation of pay checks as long as they do not have the ability to sign them and do not receive custody of signed but unclaimed pay checks that have not been voided.

Answer 75

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel,

and will calculate payroll based on time sheets and other reports approved by appropriate supervisors in the various operational departments of the company.

They update pay records and prepare vouchers for the amount of payment. They may also be involved in the preparation of pay checks as long as they do not have the ability to sign them and do not receive custody of signed but unclaimed pay checks that have not been voided.

Answer 76

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel,

and will calculate payroll based on time sheets and other reports approved by appropriate supervisors in the various operational departments of the company.

They update pay records and prepare vouchers for the amount of payment. They may also be involved in the preparation of pay checks as long as they do not have the ability to sign them and do not receive custody of signed but unclaimed pay checks that have not been voided.

Answer 77

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel,

and will calculate payroll based on time sheets and other reports approved by appropriate supervisors in the various operational departments of the company.

They update pay records and prepare vouchers for the amount of payment. They may also be involved in the preparation of pay checks as long as they do not have the ability to sign them and do not receive custody of signed but unclaimed pay checks that have not been voided.

Answer 78

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel,

and will calculate payroll based on time sheets and other reports approved by appropriate supervisors in the various operational departments of the company.

They update pay records and prepare vouchers for the amount of payment. They may also be involved in the preparation of pay checks as long as they do not have the ability to sign them and do not receive custody of signed but unclaimed pay checks that have not been voided.

Answer 79

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel,

and will calculate payroll based on time sheets and other reports approved by appropriate supervisors in the various operational departments of the company.

They update pay records and prepare vouchers for the amount of payment.

They may also be involved in the preparation of pay checks as long as they do not have the ability to sign them and do not receive custody of signed but unclaimed pay checks that have not been voided.

Answer 80

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel,

and will calculate payroll based on time sheets and other reports approved by appropriate supervisors in the various operational departments of the company.

They update pay records and prepare vouchers for the amount of payment.

They may also be involved in the preparation of pay checks as long as they do not have the ability to sign them and do not receive custody of signed but unclaimed pay checks that have not been voided.

Answer 81

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel,

and will calculate payroll based on time sheets and other reports approved by appropriate supervisors in the various operational departments of the company.

They update pay records and prepare vouchers for the amount of payment.

They may also be involved in the preparation of pay checks as long as they do not have the ability to sign them and do not receive custody of signed but unclaimed pay checks that have not been voided.

Answer 82

A

Personnel and Payroll Cycle

• Payroll

– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel,

and will calculate payroll based on time sheets and other reports approved by appropriate supervisors in the various operational departments of the company.

They update pay records and prepare vouchers for the amount of payment.

They may also be involved in the preparation of pay checks as long as they do not have the ability to sign them and do not receive custody of signed but unclaimed pay checks that have not been voided.

Answer 83

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

• Payroll
– This is the recording department that performs the calculation of payroll amounts.

They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel,

and will calculate payroll based on time sheets and other reports approved by appropriate supervisors in the various operational departments of the company.

They update pay records and prepare vouchers for the amount of payment.

They may also be involved in the preparation of pay checks as long as they do not have the ability to sign them and do not receive custody of signed but unclaimed pay checks that have not been voided.

• Treasurer – This is the custody department that is responsible for the signing and distribution of pay checks to employees, and unclaimed paychecks should always be retained within this same department until they are either distributed or voided.

Answer 84

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

• Treasurer

– This is the custody department that is responsible for the signing and distribution of pay checks to employees, and unclaimed paychecks should always be retained within this same department until they are either distributed or voided.

Answer 85

A

Personnel and Payroll Cycle

• Treasurer

– This is the custody department

Answer 86

A

Personnel and Payroll Cycle

• Treasurer

– This is the custody department that is responsible for the signing and distribution of pay checks to employees,

Answer 87

A

Personnel and Payroll Cycle

• Treasurer

– This is the custody department that is responsible for the signing and distribution of pay checks to employees,

Answer 88

A

Personnel and Payroll Cycle

• Treasurer

– This is the custody department that is responsible for the signing and distribution of pay checks to employees,

Answer 89

A

Personnel and Payroll Cycle

• Treasurer

– This is the custody department that is responsible for the signing and distribution of pay checks to employees,

and unclaimed paychecks should always be retained within this same department

Answer 90

A

Personnel and Payroll Cycle

• Treasurer

– This is the custody department that is responsible for the signing and distribution of pay checks to employees,

and unclaimed paychecks should always be retained within this same department until they are either distributed or voided.

Answer 91

A

Personnel and Payroll Cycle

• Treasurer

– This is the custody department that is responsible for the signing and distribution of pay checks to employees,

and unclaimed paychecks should always be retained within this same department until they are either distributed or voided.

Answer 92

A

Personnel and Payroll Cycle

• Treasurer

– This is the custody department that is responsible for the signing and distribution of pay checks to employees,

and unclaimed paychecks should always be retained within this same department until they are either distributed or voided.

Answer 93

A

Personnel and Payroll Cycle

• Treasurer

– This is the custody department that is responsible for the signing and distribution of pay checks to employees,

and unclaimed paychecks should always be retained within this same department until they are either distributed or voided.

Answer 94

A

Personnel and Payroll Cycle

• Treasurer

– This is the custody department that is responsible for the signing and distribution of pay checks to employees,

and unclaimed paychecks should always be retained within this same department until they are either distributed or voided.

If payment of wages is in cash, employees should be required to sign a receipt for the amount received.

Answer 95

A

Personnel and Payroll Cycle

• Treasurer

– This is the custody department that is responsible for the signing and distribution of pay checks to employees,

and unclaimed paychecks should always be retained within this same department until they are either distributed or voided.

If payment of wages is in cash, employees should be required to sign a receipt for the amount received.

Answer 96

A

Personnel and Payroll Cycle

• Treasurer

– This is the custody department that is responsible for the signing and distribution of pay checks to employees,

and unclaimed paychecks should always be retained within this same department until they are either distributed or voided.

If payment of wages is in cash, employees should be required to sign a receipt for the amount received.

Answer 97

A

Personnel and Payroll Cycle

• Treasurer

– This is the custody department that is responsible for the signing and distribution of pay checks to employees,

and unclaimed paychecks should always be retained within this same department until they are either distributed or voided.

If payment of wages is in cash, employees should be required to sign a receipt for the amount received.

Answer 98

A

Personnel and Payroll Cycle

• Treasurer

– This is the custody department that is responsible for the signing and distribution of pay checks to employees,

and unclaimed paychecks should always be retained within this same department until they are either distributed or voided.

If payment of wages is in cash, employees should be required to sign a receipt for the amount received.

Answer 99

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

• Treasurer
– This is the custody department that is responsible for the signing and distribution of pay checks to employees, and unclaimed paychecks should always be retained within this same department until they are either distributed or voided. If payment of wages is in cash, employees should be required to sign a receipt for the amount received.

• Controller – Comparison
– Bank Reconciliation.

Answer 100

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

• Controller – Comparison
– Bank Reconciliation.

Answer 101

A

Personnel and Payroll Cycle

• Controller – Comparison
– Bank Reconciliation.

Answer 102

A

Personnel and Payroll Cycle

• Controller – Comparison
– Bank Reconciliation.

Answer 103

A

Personnel and Payroll Cycle

• Controller – Comparison
– Bank Reconciliation.

Answer 104

A

Personnel and Payroll Cycle

• Controller – Comparison
– Bank Reconciliation.

Answer 105

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

Personnel – (authorization)
Payroll – (recording)
Treasurer – (custody)
Controller – (comparison)

• Personnel
– This is the authorization department that is responsible for hiring of new employees, approval of changes in pay rates, and termination of employees.

• Payroll
– This is the recording department that performs the calculation of payroll amounts.
They will examine and then update records based on authorization forms for hiring, firing, and pay rates received from personnel, and will calculate payroll based on time sheets and other reports approved by appropriate supervisors in the various operational departments of the company.
They update pay records and prepare vouchers for the amount of payment.
They may also be involved in the preparation of pay checks as long as they do not have the ability to sign them and do not receive custody of signed but unclaimed pay checks that have not been voided.

• Treasurer
– This is the custody department that is responsible for the signing and distribution of pay checks to employees, and unclaimed paychecks should always be retained within this same department until they are either distributed or voided.
If payment of wages is in cash, employees should be required to sign a receipt for the amount received.

• Controller – Comparison
– Bank Reconciliation.

Answer 106

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

• Personnel – (authorization)
Hire, Fire, Salary Rates

• Payroll – (recording)
Calculate Pay

• Treasurer – (custody)
Signs and distributes checks
Custody of cash

• Controller – (comparison)
Bank Reconciliation

Answer 107

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

• Personnel – (authorization)
Hire, Fire, Salary Rates

Answer 108

A

Personnel and Payroll Cycle

• Personnel – (authorization)
Hire, Fire, Salary Rates

Answer 109

A

Personnel and Payroll Cycle

• Personnel – (authorization)
Hire, Fire, Salary Rates

Answer 110

A

Personnel and Payroll Cycle

• Personnel – (authorization)
Hire, Fire, Salary Rates

Answer 111

A

Personnel and Payroll Cycle

• Personnel – (authorization)
Hire, Fire, Salary Rates

Answer 112

A

Personnel and Payroll Cycle

• Personnel – (authorization)
Hire, Fire, Salary Rates

Answer 113

A

Personnel and Payroll Cycle

• Payroll – (recording)
Calculate Pay

Answer 114

A

Personnel and Payroll Cycle

• Payroll – (recording)
Calculate Pay

Answer 115

A

Personnel and Payroll Cycle

• Payroll – (recording)
Calculate Pay

Answer 116

A

Personnel and Payroll Cycle

• Payroll – (recording)
Calculate Pay

Answer 117

A

Personnel and Payroll Cycle

• Treasurer – (custody)
Signs and distributes checks
Custody of cash

Answer 118

A

Personnel and Payroll Cycle

• Treasurer – (custody)
Signs and distributes checks
Custody of cash

Answer 119

A

Personnel and Payroll Cycle

• Treasurer – (custody)
Signs and distributes checks
Custody of cash

Answer 120

A

Personnel and Payroll Cycle

• Treasurer – (custody)
Signs and distributes checks
Custody of cash

Answer 121

A

Personnel and Payroll Cycle

• Treasurer – (custody)
Signs and distributes checks
Custody of cash

Answer 122

A

Personnel and Payroll Cycle

• Treasurer – (custody)
Signs and distributes checks
Custody of cash

Answer 123

A

Personnel and Payroll Cycle

• Treasurer – (custody)
Signs and distributes checks
Custody of cash

Answer 124

A

Personnel and Payroll Cycle

• Controller – (comparison)
Bank Reconciliation

Answer 125

A

Personnel and Payroll Cycle

• Controller – (comparison)
Bank Reconciliation

Answer 126

A

Personnel and Payroll Cycle

• Controller – (comparison)
Bank Reconciliation

Answer 127

A

Personnel and Payroll Cycle

• Controller – (comparison)
Bank Reconciliation

Answer 128

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

• Personnel – (authorization)
Hire, Fire, Salary Rates

• Payroll – (recording)
Calculate Pay

• Treasurer – (custody)
Signs and distributes checks
Custody of cash

• Controller – (comparison)
Bank Reconciliation

Answer 129

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

• Personnel – (authorization)
Hire, Fire, Salary Rates

• Payroll – (recording)
Calculate Pay

• Treasurer – (custody)
Signs and distributes checks
Custody of cash

• Controller – (comparison)
Bank Reconciliation

Answer 130

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

• Personnel – (authorization)
Hire, Fire, Salary Rates

• Payroll – (recording)
Calculate Pay

• Treasurer – (custody)
Signs and distributes checks
Custody of cash

• Controller – (comparison)
Bank Reconciliation

Answer 131

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

• Personnel – (authorization)
Hire, Fire, Salary Rates

• Payroll – (recording)
Calculate Pay

• Treasurer – (custody)
Signs and distributes checks
Custody of cash

• Controller – (comparison)
Bank Reconciliation

Answer 132

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

• Personnel – (authorization)
Hire, Fire, Salary Rates

• Payroll – (recording)
Calculate Pay

• Treasurer – (custody)
Signs and distributes checks
Custody of cash

• Controller – (comparison)
Bank Reconciliation

Answer 133

A

Personnel and Payroll Cycle

The personnel cycle of a business normally is segregated between different departments:

• Personnel – (authorization)
Hire, Fire, Salary Rates

• Payroll – (recording)
Calculate Pay

• Treasurer – (custody)
Signs and distributes checks
Custody of cash

• Controller – (comparison)
Bank Reconciliation

Answer 134

A

Personnel and Payroll Cycle
Key Documents

The key documents generated in this cycle include:

Personnel records;
Hiring and deduction authorization forms (W-4);
Time cards;
Payroll register;
Paychecks;
Payroll cost allocation; and
Bank reconciliations.

Answer 135

A

Personnel and Payroll Cycle
Key Documents

The key documents generated in this cycle include:

• Personnel records;

Answer 136

A

Personnel and Payroll Cycle
Key Documents

The key documents generated in this cycle include:

• Personnel records;

Answer 137

A

Personnel and Payroll Cycle
Key Documents

The key documents generated in this cycle include:

• Hiring and deduction authorization forms (W-4);

Answer 138

A

Personnel and Payroll Cycle
Key Documents

The key documents generated in this cycle include:

• Hiring and deduction authorization forms (W-4);

Answer 139

A

Personnel and Payroll Cycle
Key Documents

The key documents generated in this cycle include:

Personnel records;
Hiring and deduction authorization forms (W-4);

Answer 140

A

Personnel and Payroll Cycle
Key Documents

The key documents generated in this cycle include:

Hiring and deduction authorization forms (W-4);
Time cards;

Answer 141

A

Personnel and Payroll Cycle
Key Documents

The key documents generated in this cycle include:

• Time cards;

Answer 142

A

Personnel and Payroll Cycle
Key Documents

The key documents generated in this cycle include:

Time cards;
Payroll register;

Answer 143

A

Personnel and Payroll Cycle
Key Documents

The key documents generated in this cycle include:

Time cards;
Payroll register;

Answer 144

A

Personnel and Payroll Cycle
Key Documents

The key documents generated in this cycle include:

Payroll register;
Paychecks;

Answer 145

A

Personnel and Payroll Cycle
Key Documents

The key documents generated in this cycle include:

Paychecks;
Payroll cost allocation;

Answer 146

A

Personnel and Payroll Cycle
Key Documents

The key documents generated in this cycle include:

• Payroll cost allocation;

Answer 147

A

Personnel and Payroll Cycle
Key Documents

The key documents generated in this cycle include:

• Payroll cost allocation;

Answer 148

A

Personnel and Payroll Cycle
Key Documents

The key documents generated in this cycle include:

• Bank reconciliations.

Answer 149

A

Personnel and Payroll Cycle
Key Documents

The key documents generated in this cycle include:

• Bank reconciliations.

Answer 150

A

Personnel and Payroll Cycle
Key Documents

The key documents generated in this cycle include:

Personnel records;
Hiring and deduction authorization forms (W-4);
Time cards;
Payroll register;
Paychecks;
Payroll cost allocation; and
Bank reconciliations.

Answer 151

A

Personnel and Payroll Cycle
Key Documents

The key documents generated in this cycle include:

Personnel records;
Hiring and deduction authorization forms (W-4);
Time cards;
Payroll register;
Paychecks;
Payroll cost allocation; and
Bank reconciliations.

Answer 152

A

Personnel and Payroll Cycle
Key Documents

The key documents generated in this cycle include:

Personnel records;
Hiring and deduction authorization forms (W-4);
Time cards;
Payroll register;
Paychecks;
Payroll cost allocation; and
Bank reconciliations.

Answer 153

A

Personnel and Payroll Cycle
Key Documents

The key documents generated in this cycle include:

Personnel records;
Hiring and deduction authorization forms (W-4);
Time cards;
Payroll register;
Paychecks;
Payroll cost allocation; and
Bank reconciliations.

Answer 154

A

Personnel and Payroll Cycle
Key Documents

The key documents generated in this cycle include:

Personnel records;
Hiring and deduction authorization forms (W-4);
Time cards;
Payroll register;
Paychecks;
Payroll cost allocation; and
Bank reconciliations.

Answer 155

A

Personnel and Payroll Cycle
Key Documents

The key documents generated in this cycle include:

Personnel records;
Hiring and deduction authorization forms (W-4);
Time cards;
Payroll register;
Paychecks;
Payroll cost allocation; and
Bank reconciliations.

Answer 156

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)
Employee
Payroll Department
Treasurer
Controller

Personnel Department (HR)

The personnel department is involved with the personnel records and all the hiring forms, including the deduction forms for payroll deductions.

Answer 157

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department is involved with the personnel records

Answer 158

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department is involved with the personnel records

Answer 159

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department is involved with the personnel records and all the hiring forms,

Answer 160

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department is involved with the personnel records and all the hiring forms, including the deduction forms for payroll deductions.

Answer 161

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department is involved with the personnel records and all the hiring forms, including the deduction forms for payroll deductions.

Answer 162

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department is involved with the personnel records and all the hiring forms, including the deduction forms for payroll deductions.

Answer 163

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department is involved with the personnel records and all the hiring forms, including the deduction forms for payroll deductions.

Answer 164

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department is involved with the personnel records and all the hiring forms, including the deduction forms for payroll deductions.

Answer 165

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department is involved with the personnel records and all the hiring forms, including the deduction forms for payroll deductions.

Answer 166

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department approves changes in pay rates

Answer 167

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department approves changes in pay rates and deductions from employee salaries.

Answer 168

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department approves changes in pay rates and deductions from employee salaries.

Answer 169

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department approves changes in pay rates and deductions from employee salaries.

Answer 170

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department is also involved in the termination process.

Answer 171

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department is also involved in the termination process.

Answer 172

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department is also involved in the termination process.

It is essential that the personnel department promptly sends employees’ termination notices to the payroll department.

Answer 173

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department is also involved in the termination process.

It is essential that the personnel department promptly sends employees’ termination notices to the payroll department.

Answer 174

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department is also involved in the termination process.

It is essential that the personnel department promptly sends employees’ termination notices to the payroll department.

Answer 175

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department is involved with the personnel records and all the hiring forms, including the deduction forms for payroll deductions.

The personnel department approves changes in pay rates and deductions from employee salaries.

The personnel department is also involved in the termination process.

It is essential that the personnel department promptly sends employees’ termination notices to the payroll department.

Answer 176

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department is involved with the personnel records and all the hiring forms, including the deduction forms for payroll deductions.

The personnel department approves changes in pay rates and deductions from employee salaries.

The personnel department is also involved in the termination process.

It is essential that the personnel department promptly sends employees’ termination notices to the payroll department.

Answer 177

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department is involved with the personnel records and all the hiring forms, including the deduction forms for payroll deductions.

The personnel department approves changes in pay rates and deductions from employee salaries.

The personnel department is also involved in the termination process.

It is essential that the personnel department promptly sends employees’ termination notices to the payroll department.

Answer 178

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department is involved with the personnel records and all the hiring forms, including the deduction forms for payroll deductions.

The personnel department approves changes in pay rates and deductions from employee salaries.

The personnel department is also involved in the termination process.

It is essential that the personnel department promptly sends employees’ termination notices to the payroll department.

Answer 179

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department is involved with the personnel records and all the hiring forms, including the deduction forms for payroll deductions.

The personnel department approves changes in pay rates and deductions from employee salaries.

The personnel department is also involved in the termination process.

It is essential that the personnel department promptly sends employees’ termination notices to the payroll department.

Answer 180

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department is involved with the personnel records and all the hiring forms, including the deduction forms for payroll deductions.

The personnel department approves changes in pay rates and deductions from employee salaries.

The personnel department is also involved in the termination process.

It is essential that the personnel department promptly sends employees’ termination notices to the payroll department.

Answer 181

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department is involved with the personnel records and all the hiring forms, including the deduction forms for payroll deductions.

The personnel department approves changes in pay rates and deductions from employee salaries.

The personnel department is also involved in the termination process.

It is essential that the personnel department promptly sends employees’ termination notices to the payroll department.

Answer 182

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department is involved with the personnel records and all the hiring forms, including the deduction forms for payroll deductions.

The personnel department approves changes in pay rates and deductions from employee salaries.

The personnel department is also involved in the termination process.

It is essential that the personnel department promptly sends employees’ termination notices to the payroll department.

Answer 183

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)
Employee
Payroll Department
Treasurer
Controller

Personnel Department (HR)

The personnel department is involved with the personnel records and all the hiring forms, including the deduction forms for payroll deductions.

The personnel department approves changes in pay rates and deductions from employee salaries.

The personnel department is also involved in the termination process.

It is essential that the personnel department promptly sends employees’ termination notices to the payroll department.

Employee

The employee prepares a time card, and submits it to the supervisor for authorization. The time card is then sent to the payroll department.

Answer 184

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)
Employee
Payroll Department
Treasurer
Controller

Employee

The employee prepares a time card, and submits it to the supervisor for authorization. The time card is then sent to the payroll department.

Answer 185

A

Description of the Personnel and Payroll Cycle

Employee

The employee prepares a time card,

Answer 186

A

Description of the Personnel and Payroll Cycle

Employee

The employee prepares a time card,

Answer 187

A

Description of the Personnel and Payroll Cycle

Employee

The employee prepares a time card, and submits it to the supervisor for authorization.

Answer 188

A

Description of the Personnel and Payroll Cycle

Employee

The employee prepares a time card, and submits it to the supervisor for authorization.

The time card is then sent to the payroll department.

Answer 189

A

Description of the Personnel and Payroll Cycle

Employee

The employee prepares a time card, and submits it to the supervisor for authorization.

The time card is then sent to the payroll department.

Answer 190

A

Description of the Personnel and Payroll Cycle

Employee

The employee prepares a time card, and submits it to the supervisor for authorization.

The time card is then sent to the payroll department.

Answer 191

A

Description of the Personnel and Payroll Cycle

Employee

The employee prepares a time card, and submits it to the supervisor for authorization.

The time card is then sent to the payroll department.

Answer 192

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)
Employee
Payroll Department
Treasurer
Controller

Employee

The employee prepares a time card, and submits it to the supervisor for authorization. The time card is then sent to the payroll department.

Payroll Department

The payroll department examines authorization forms from the personnel department for new employees and adds the employees’ names to the payroll processing program.

Answer 193

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)
Employee
Payroll Department
Treasurer
Controller

Payroll Department

The payroll department examines authorization forms from the personnel department for new employees and adds the employees’ names to the payroll processing program.

Answer 194

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department examines authorization forms from the personnel department for new employees

Answer 195

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department examines authorization forms from the personnel department for new employees

Answer 196

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department examines authorization forms from the personnel department for new employees

Answer 197

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department examines authorization forms from the personnel department for new employees

Answer 198

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department examines authorization forms from the personnel department for new employees and adds the employees’ names to the payroll processing program.

Answer 199

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department examines authorization forms from the personnel department for new employees and adds the employees’ names to the payroll processing program.

Answer 200

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department examines authorization forms from the personnel department for new employees and adds the employees’ names to the payroll processing program.

Answer 201

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department examines authorization forms from the personnel department for new employees and adds the employees’ names to the payroll processing program.

The payroll department promptly updates the records for changes in deductions, pay rates, and terminations.

Answer 202

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department promptly updates the records for changes in deductions, pay rates, and terminations.

Answer 203

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department promptly updates the records for changes in deductions, pay rates, and terminations.

Answer 204

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department promptly updates the records for changes in deductions, pay rates, and terminations.

Answer 205

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department promptly updates the records for changes in deductions, pay rates, and terminations.

Answer 206

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department promptly updates the records for changes in deductions, pay rates, and terminations.

Answer 207

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department promptly updates the records for changes in deductions, pay rates, and terminations.

Answer 208

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department promptly updates the records for changes in deductions, pay rates, and terminations.

The payroll department enters all the time card and wage rate information into the payroll register.

Answer 209

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department enters all the time card and wage rate information into the payroll register.

Answer 210

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department enters all the time card and wage rate information into the payroll register.

Answer 211

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department enters all the time card and wage rate information into the payroll register.

Answer 212

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department enters all the time card and wage rate information into the payroll register.

Answer 213

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department enters all the time card and wage rate information into the payroll register.

Answer 214

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department enters all the time card and wage rate information into the payroll register.

Payroll checks are prepared by the payroll department and submitted to the treasurer for signature.

Answer 215

A

Description of the Personnel and Payroll Cycle

Payroll Department

Payroll checks are prepared by the payroll department and submitted to the treasurer for signature.

Answer 216

A

Description of the Personnel and Payroll Cycle

Payroll Department

Payroll checks are prepared by the payroll department and submitted to the treasurer for signature.

Answer 217

A

Description of the Personnel and Payroll Cycle

Payroll Department

Payroll checks are prepared by the payroll department and submitted to the treasurer for signature.

Answer 218

A

Description of the Personnel and Payroll Cycle

Payroll Department

Payroll checks are prepared by the payroll department and submitted to the treasurer for signature.

Answer 219

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department also prepares a payroll cost allocation based on the time card information.

Answer 220

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department also prepares a payroll cost allocation based on the time card information.

Answer 221

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department also prepares a payroll cost allocation based on the time card information.

Answer 222

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department also prepares a payroll cost allocation based on the time card information.

Answer 223

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department also prepares a payroll cost allocation based on the time card information.

Answer 224

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department also prepares a payroll cost allocation based on the time card information.

The payroll cost allocation is used to distribute payroll costs over the various accounts affected.

Answer 225

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department also prepares a payroll cost allocation based on the time card information.

The payroll cost allocation is used to distribute payroll costs over the various accounts affected.

Answer 226

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department also prepares a payroll cost allocation based on the time card information.

The payroll cost allocation is used to distribute payroll costs over the various accounts affected.

Answer 227

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department also prepares a payroll cost allocation based on the time card information.

The payroll cost allocation is used to distribute payroll costs over the various accounts affected.

Answer 228

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department examines authorization forms from the personnel department for new employees and adds the employees’ names to the payroll processing program.

The payroll department promptly updates the records for changes in deductions, pay rates, and terminations.

The payroll department enters all the time card and wage rate information into the payroll register.

Payroll checks are prepared by the payroll department and submitted to the treasurer for signature.

The payroll department also prepares a payroll cost allocation based on the time card information.

The payroll cost allocation is used to distribute payroll costs over the various accounts affected.

Answer 229

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department examines authorization forms from the personnel department for new employees and adds the employees’ names to the payroll processing program.

The payroll department promptly updates the records for changes in deductions, pay rates, and terminations.

The payroll department enters all the time card and wage rate information into the payroll register.

Payroll checks are prepared by the payroll department and submitted to the treasurer for signature.

The payroll department also prepares a payroll cost allocation based on the time card information.

The payroll cost allocation is used to distribute payroll costs over the various accounts affected.

Answer 230

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department examines authorization forms from the personnel department for new employees and adds the employees’ names to the payroll processing program.

The payroll department promptly updates the records for changes in deductions, pay rates, and terminations.

The payroll department enters all the time card and wage rate information into the payroll register.

Payroll checks are prepared by the payroll department and submitted to the treasurer for signature.

The payroll department also prepares a payroll cost allocation based on the time card information.

The payroll cost allocation is used to distribute payroll costs over the various accounts affected.

Answer 231

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department examines authorization forms from the personnel department for new employees and adds the employees’ names to the payroll processing program.

The payroll department promptly updates the records for changes in deductions, pay rates, and terminations.

The payroll department enters all the time card and wage rate information into the payroll register.

Payroll checks are prepared by the payroll department and submitted to the treasurer for signature.

The payroll department also prepares a payroll cost allocation based on the time card information.

The payroll cost allocation is used to distribute payroll costs over the various accounts affected.

Answer 232

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department:

Examines authorization forms from the personnel department for new employees
Adds the new employees’ names to the payroll processing program.
Promptly updates the records for changes in deductions, pay rates, and terminations.
Enters all the time card and wage rate information into the payroll register.
Prepared payroll checks and submitted to the treasurer for signature.
Prepares a payroll cost allocation based on the time card information. The payroll cost allocation is used to distribute payroll costs over the various accounts affected.

Answer 233

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department:

Examines authorization forms from the personnel department for new employees
Adds the new employees’ names to the payroll processing program.
Promptly updates the records for changes in deductions, pay rates, and terminations.
Enters all the time card and wage rate information into the payroll register.
Prepared payroll checks and submitted to the treasurer for signature.
Prepares a payroll cost allocation based on the time card information. The payroll cost allocation is used to distribute payroll costs over the various accounts affected.

Answer 234

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department:

Examines authorization forms from the personnel department for new employees
Adds the new employees’ names to the payroll processing program.
Promptly updates the records for changes in deductions, pay rates, and terminations.
Enters all the time card and wage rate information into the payroll register.
Prepared payroll checks and submitted to the treasurer for signature.
Prepares a payroll cost allocation based on the time card information. The payroll cost allocation is used to distribute payroll costs over the various accounts affected.

Answer 235

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department:

Examines authorization forms from the personnel department for new employees
Adds the new employees’ names to the payroll processing program.
Promptly updates the records for changes in deductions, pay rates, and terminations.
Enters all the time card and wage rate information into the payroll register.
Prepared payroll checks and submitted to the treasurer for signature.
Prepares a payroll cost allocation based on the time card information. The payroll cost allocation is used to distribute payroll costs over the various accounts affected.

Answer 236

A

Description of the Personnel and Payroll Cycle

Payroll Department

The payroll department:

Examines authorization forms from the personnel department for new employees
Adds the new employees’ names to the payroll processing program.
Promptly updates the records for changes in deductions, pay rates, and terminations.
Enters all the time card and wage rate information into the payroll register.
Prepared payroll checks and submitted to the treasurer for signature.
Prepares a payroll cost allocation based on the time card information. The payroll cost allocation is used to distribute payroll costs over the various accounts affected.

Answer 237

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)
Employee
Payroll Department
Treasurer
Controller

Treasurer

The treasurer receives the checks from the payroll department and signs them.

The treasurer is responsible for distribution of paychecks.

Unclaimed paychecks should remain in the custody of the treasurer.

Unclaimed checks should not be returned to the payroll department.

Answer 238

A

Description of the Personnel and Payroll Cycle

Treasurer

The treasurer receives the checks from the payroll department and signs them.

Answer 239

A

Description of the Personnel and Payroll Cycle

Treasurer

The treasurer receives the checks from the payroll department and signs them.

Answer 240

A

Description of the Personnel and Payroll Cycle

Treasurer

The treasurer receives the checks from the payroll department and signs them.

Answer 241

A

Description of the Personnel and Payroll Cycle

Treasurer

The treasurer receives the checks from the payroll department and signs them.

The treasurer is responsible for distribution of paychecks.

Answer 242

A

Description of the Personnel and Payroll Cycle

Treasurer

The treasurer receives the checks from the payroll department and signs them.

The treasurer is responsible for distribution of paychecks.

Unclaimed paychecks should remain in the custody of the treasurer.

Answer 243

A

Description of the Personnel and Payroll Cycle

Treasurer

The treasurer receives the checks from the payroll department and signs them.

The treasurer is responsible for distribution of paychecks.

Unclaimed paychecks should remain in the custody of the treasurer.

Answer 244

A

Description of the Personnel and Payroll Cycle

Treasurer

The treasurer receives the checks from the payroll department and signs them.

The treasurer is responsible for distribution of paychecks.

Unclaimed paychecks should remain in the custody of the treasurer.

Unclaimed checks should not be returned to the payroll department.

Answer 245

A

Description of the Personnel and Payroll Cycle

Treasurer

The treasurer receives the checks from the payroll department and signs them.

The treasurer is responsible for distribution of paychecks.

Unclaimed paychecks should remain in the custody of the treasurer.

Unclaimed checks should not be returned to the payroll department.

Answer 246

A

Description of the Personnel and Payroll Cycle

Treasurer

The treasurer receives the checks from the payroll department and signs them.

The treasurer is responsible for distribution of paychecks.

Unclaimed paychecks should remain in the custody of the treasurer.

Unclaimed checks should not be returned to the payroll department.

Answer 247

A

Description of the Personnel and Payroll Cycle

Treasurer

The treasurer receives the checks from the payroll department and signs them.

The treasurer is responsible for distribution of paychecks.

Unclaimed paychecks should remain in the custody of the treasurer.

Unclaimed checks should not be returned to the payroll department.

Answer 248

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)
Employee
Payroll Department
Treasurer
Controller

Controller

As an overall verification of custody controls over cash, the controller should prepare monthly bank reconciliations to verify that there were no errors made in recording receipts in the cash receipts journal.

Answer 249

A

Description of the Personnel and Payroll Cycle

Controller

As an overall verification of custody controls over cash,

Answer 250

A

Description of the Personnel and Payroll Cycle

Controller

As an overall verification of custody controls over cash,

Answer 251

A

Description of the Personnel and Payroll Cycle

Controller

As an overall verification of custody controls over cash,

Answer 252

A

Description of the Personnel and Payroll Cycle

Controller

As an overall verification of custody controls over cash, the controller should prepare monthly bank reconciliations

Answer 253

A

Description of the Personnel and Payroll Cycle

Controller

As an overall verification of custody controls over cash, the controller should prepare monthly bank reconciliations

Answer 254

A

Description of the Personnel and Payroll Cycle

Controller

As an overall verification of custody controls over cash, the controller should prepare monthly bank reconciliations

to verify that there were no errors made

Answer 255

A

Description of the Personnel and Payroll Cycle

Controller

As an overall verification of custody controls over cash, the controller should prepare monthly bank reconciliations

to verify that there were no errors made

Answer 256

A

Description of the Personnel and Payroll Cycle

Controller

As an overall verification of custody controls over cash, the controller should prepare monthly bank reconciliations

to verify that there were no errors made in recording receipts in the cash receipts journal.

Answer 257

A

Description of the Personnel and Payroll Cycle

Controller

As an overall verification of custody controls over cash, the controller should prepare monthly bank reconciliations

to verify that there were no errors made in recording receipts in the cash receipts journal.

Answer 258

A

Description of the Personnel and Payroll Cycle

Controller

As an overall verification of custody controls over cash, the controller should prepare monthly bank reconciliations

to verify that there were no errors made in recording receipts in the cash receipts journal.

Answer 259

A

Description of the Personnel and Payroll Cycle

Controller

As an overall verification of custody controls over cash, the controller should prepare monthly bank reconciliations

to verify that there were no errors made in recording receipts in the cash receipts journal.

Answer 260

A

Description of the Personnel and Payroll Cycle

Controller

As an overall verification of custody controls over cash, the controller should prepare monthly bank reconciliations

to verify that there were no errors made in recording receipts in the cash receipts journal.

Answer 261

A

Description of the Personnel and Payroll Cycle

Controller

As an overall verification of custody controls over cash, the controller should prepare monthly bank reconciliations

to verify that there were no errors made in recording receipts in the cash receipts journal.

Answer 262

A

Description of the Personnel and Payroll Cycle

Controller

As an overall verification of custody controls over cash, the controller should prepare monthly bank reconciliations

to verify that there were no errors made in recording receipts in the cash receipts journal.

Answer 263

A

Description of the Personnel and Payroll Cycle

Personnel Department (HR)

The personnel department is involved with the personnel records and all the hiring forms, including the deduction forms for payroll deductions.

The personnel department approves changes in pay rates and deductions from employee salaries.

The personnel department is also involved in the termination process.

It is essential that the personnel department promptly sends employees’ termination notices to the payroll department.

Employee

The employee prepares a time card, and submits it to the supervisor for authorization. The time card is then sent to the payroll department.

Payroll Department

The payroll department:

Examines authorization forms from the personnel department for new employees
Adds the new employees’ names to the payroll processing program.
Promptly updates the records for changes in deductions, pay rates, and terminations.
Enters all the time card and wage rate information into the payroll register.
Prepared payroll checks and submitted to the treasurer for signature.
Prepares a payroll cost allocation based on the time card information. The payroll cost allocation is used to distribute payroll costs over the various accounts affected.

Treasurer

The treasurer receives the checks from the payroll department and signs them.

The treasurer is responsible for distribution of paychecks.

Unclaimed paychecks should remain in the custody of the treasurer.

Unclaimed checks should not be returned to the payroll department.

Controller

As an overall verification of custody controls over cash, the controller should prepare monthly bank reconciliations to verify that there were no errors made in recording receipts in the cash receipts journal.

Answer 264

A

Segregation of Duties in the Personnel and Payroll Cycle

For proper segregation of duties, authorization of transactions, the recording function, and custody of assets should be kept separate.

Answer 265

A

Segregation of Duties in the Personnel and Payroll Cycle

For proper segregation of duties, authorization of transactions, the recording function, and custody of assets should be kept separate.

Answer 266

A

Segregation of Duties in the Personnel and Payroll Cycle

For proper segregation of duties, authorization of transactions, the recording function, and custody of assets should be kept separate.

Answer 267

A

Segregation of Duties in the Personnel and Payroll Cycle

For proper segregation of duties, authorization of transactions, the recording function, and custody of assets should be kept separate.

Answer 268

A

Segregation of Duties in the Personnel and Payroll Cycle

For proper segregation of duties, authorization of transactions, the recording function, and custody of assets should be kept separate.

Answer 269

A

Segregation of Duties in the Personnel and Payroll Cycle

For proper segregation of duties, authorization of transactions, the recording function, and custody of assets should be kept separate.

• The functions of authorizing the hiring of personnel, payroll processing (recording) and distributing payroll checks (custody) should be segregated.

Answer 270

A

Segregation of Duties in the Personnel and Payroll Cycle

• The functions of

authorizing the hiring of personnel,
payroll processing (recording)
and distributing payroll checks (custody)

should be segregated.

Answer 271

A

Segregation of Duties in the Personnel and Payroll Cycle

• The functions of

authorizing the hiring of personnel,
payroll processing (recording)
and distributing payroll checks (custody)

should be segregated.

Answer 272

A

Segregation of Duties in the Personnel and Payroll Cycle

• The functions of

authorizing the hiring of personnel,
payroll processing (recording)
and distributing payroll checks (custody)

should be segregated.

Answer 273

A

Segregation of Duties in the Personnel and Payroll Cycle

• The functions of

authorizing the hiring of personnel,
payroll processing (recording)
and distributing payroll checks (custody)

should be segregated.

Answer 274

A

Segregation of Duties in the Personnel and Payroll Cycle

• The functions of

authorizing the hiring of personnel,
payroll processing (recording)
and distributing payroll checks (custody)

should be segregated.

Answer 275

A

Segregation of Duties in the Personnel and Payroll Cycle

• The functions of

authorizing the hiring of personnel,
payroll processing (recording)
and distributing payroll checks (custody)

should be segregated.

Answer 276

A

Segregation of Duties in the Personnel and Payroll Cycle

• The functions of

authorizing the hiring of personnel,
payroll processing (recording)
and distributing payroll checks (custody)

should be segregated.

Answer 277

A

Segregation of Duties in the Personnel and Payroll Cycle

• The functions of authorizing payroll rate changes and payroll processing (recording) should be segregated.

Answer 278

A

Segregation of Duties in the Personnel and Payroll Cycle

• The functions of

authorizing payroll rate changes
and payroll processing (recording)

should be segregated.

Answer 279

A

Segregation of Duties in the Personnel and Payroll Cycle

• The functions of

authorizing payroll rate changes
and payroll processing (recording)

should be segregated.

Answer 280

A

Segregation of Duties in the Personnel and Payroll Cycle

• The functions of

authorizing payroll rate changes
and payroll processing (recording)

should be segregated.

Answer 281

A

Segregation of Duties in the Personnel and Payroll Cycle

• The functions of

authorizing payroll rate changes
and payroll processing (recording)

should be segregated.

Answer 282

A

Segregation of Duties in the Personnel and Payroll Cycle

• The functions of

authorizing payroll rate changes
and payroll processing (recording)

should be segregated.

Answer 283

A

Segregation of Duties in the Personnel and Payroll Cycle

• Payroll checks should be prepared by the payroll department and signed by the treasurer, segregating recording and custody.

Answer 284

A

Segregation of Duties in the Personnel and Payroll Cycle

• Payroll checks should be

prepared by the payroll department
and signed by the treasurer,

segregating recording and custody.

Answer 285

A

Segregation of Duties in the Personnel and Payroll Cycle

• Payroll checks should be

prepared by the payroll department
and signed by the treasurer,

segregating recording and custody.

Answer 286

A

Segregation of Duties in the Personnel and Payroll Cycle

• Payroll checks should be

prepared by the payroll department
and signed by the treasurer,

segregating recording and custody.

Answer 287

A

Segregation of Duties in the Personnel and Payroll Cycle

• Payroll checks should be

prepared by the payroll department
and signed by the treasurer,

segregating recording and custody.

Answer 288

A

Segregation of Duties in the Personnel and Payroll Cycle

• Payroll checks should be

prepared by the payroll department
and signed by the treasurer,

segregating recording and custody.

Answer 289

A

Segregation of Duties in the Personnel and Payroll Cycle

For proper segregation of duties, authorization of transactions, the recording function, and custody of assets should be kept separate.

The functions of authorizing the hiring of personnel, payroll processing (recording) and distributing payroll checks (custody) should be segregated.
The functions of authorizing payroll rate changes and payroll processing (recording) should be segregated.
Payroll checks should be prepared by the payroll department and signed by the treasurer, segregating recording and custody.

Answer 290

A

Segregation of Duties in the Personnel and Payroll Cycle

For proper segregation of duties, authorization of transactions, the recording function, and custody of assets should be kept separate.

The functions of authorizing the hiring of personnel, payroll processing (recording) and distributing payroll checks (custody) should be segregated.
The functions of authorizing payroll rate changes and payroll processing (recording) should be segregated.
Payroll checks should be prepared by the payroll department and signed by the treasurer, segregating recording and custody.

Answer 291

A

Segregation of Duties in the Personnel and Payroll Cycle

For proper segregation of duties, authorization of transactions, the recording function, and custody of assets should be kept separate.

The functions of authorizing the hiring of personnel, payroll processing (recording) and distributing payroll checks (custody) should be segregated.
The functions of authorizing payroll rate changes and payroll processing (recording) should be segregated.
Payroll checks should be prepared by the payroll department and signed by the treasurer, segregating recording and custody.

Answer 292

A

Segregation of Duties in the Personnel and Payroll Cycle

For proper segregation of duties, authorization of transactions, the recording function, and custody of assets should be kept separate.

The functions of authorizing the hiring of personnel, payroll processing (recording) and distributing payroll checks (custody) should be segregated.
The functions of authorizing payroll rate changes and payroll processing (recording) should be segregated.
Payroll checks should be prepared by the payroll department and signed by the treasurer, segregating recording and custody.

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AUD 3 Internal Control 15 Operating Cycles Personnel and Payroll Flashcards

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