AUD 3 Internal Control 15 Operating Cycles Personnel and Payroll Flashcards
1
Q
Personnel and Payroll Cycle
The personnel cycle of a business normally is segregated between different departments:
A
Personnel and Payroll Cycle
The personnel cycle of a business normally is segregated between different departments:
2
Q
Personnel and Payroll Cycle
The personnel cycle of a business normally is se______ed between different departments:
A
Personnel and Payroll Cycle
The personnel cycle of a business normally is segregated between different departments:
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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______)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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)
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 – (_________)
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)
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.
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.
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.
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.
20
Q
Personnel and Payroll Cycle
• Personnel
– This is the aut________ department
A
Personnel and Payroll Cycle
• Personnel
– This is the authorization department
21
Q
Personnel and Payroll Cycle
• Personnel
– This is the authorization department that is responsible for
h______ of new employees,
A
Personnel and Payroll Cycle
• Personnel
– This is the authorization department that is responsible for
hiring of new employees,
22
Q
Personnel and Payroll Cycle
• Personnel
– This is the authorization department that is responsible for
hiring of n__ employees,
A
Personnel and Payroll Cycle
• Personnel
– This is the authorization department that is responsible for
hiring of new employees,
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,
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,
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,
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,
25
Personnel and Payroll Cycle
• Personnel
– This is the authorization department that is responsible for
hiring of new employees,
approval of changes in p__ rates,
Personnel and Payroll Cycle
• Personnel
– This is the authorization department that is responsible for
hiring of new employees,
approval of changes in pay rates,
26
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.
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.
27
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.
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.
28
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.
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.
29
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.
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.
30
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.
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.
31
Personnel and Payroll Cycle
• Payroll
– This is the r_____ing department that performs the calculation of payroll amounts.
Personnel and Payroll Cycle
• Payroll
– This is the recording department that performs the calculation of payroll amounts.
32
Personnel and Payroll Cycle
• Payroll
– This is the recording department that performs the cal_______ of payroll amounts.
Personnel and Payroll Cycle
• Payroll
– This is the recording department that performs the calculation of payroll amounts.
33
Personnel and Payroll Cycle
• Payroll
– This is the recording department that performs the calculation of pa______ amounts.
Personnel and Payroll Cycle
• Payroll
– This is the recording department that performs the calculation of payroll amounts.
34
Personnel and Payroll Cycle
• Payroll
– This is the recording department that performs the calculation of payroll am_____s.
Personnel and Payroll Cycle
• Payroll
– This is the recording department that performs the calculation of payroll amounts.
35
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
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
36
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
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
37
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
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
38
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
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
39
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
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
40
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,
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,
41
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,
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,
42
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,
```
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,
```
43
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,
```
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,
```
44
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,
```
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,
```
45
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,
```
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,
```
46
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
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
47
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
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
48
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
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
49
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
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
50
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
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
51
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.
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.
52
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.
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.
53
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.
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.
54
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.
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.
55
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.
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.
56
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.
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.
57
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.
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.
58
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.
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.
59
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____.
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.
60
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
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
61
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
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
62
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
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
63
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
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
64
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.
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.
65
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 cus____y of signed but unclaimed pay checks that have not been voided.
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.
66
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 si__ed but unclaimed pay checks that have not been voided.
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.
67
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 un____ed pay checks that have not been voided.
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.
68
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 ch___s that have not been voided.
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.
69
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 n__ been voided.
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.
70
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 v___ed.
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.
71
Personnel and Payroll Cycle
• P______
– 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.
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.
72
Personnel and Payroll Cycle
• Payroll
– This is the re____ing 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.
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.
73
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 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.
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.
74
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 au________ 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.
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.
75
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 pe________,
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.
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.
76
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 cal_______ 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.
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.
77
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 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.
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.
78
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 re____s 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.
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.
79
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 vou____s 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.
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.
80
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 pre_______ 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.
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.
81
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 ab____y to sign them and do not receive custody of signed but unclaimed pay checks that have not been voided.
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.
82
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 cu____y of signed but unclaimed pay checks that have not been voided.
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.
83
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.
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.
84
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.
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.
85
Personnel and Payroll Cycle
• Treasurer
– This is the c_____y department
Personnel and Payroll Cycle
• Treasurer
– This is the custody department
86
Personnel and Payroll Cycle
• Treasurer
– This is the custody department that is responsible for the si__ing and distribution of pay checks to employees,
Personnel and Payroll Cycle
• Treasurer
– This is the custody department that is responsible for the signing and distribution of pay checks to employees,
87
Personnel and Payroll Cycle
• Treasurer
– This is the custody department that is responsible for the signing and dis_______ of pay checks to employees,
Personnel and Payroll Cycle
• Treasurer
– This is the custody department that is responsible for the signing and distribution of pay checks to employees,
88
Personnel and Payroll Cycle
• Treasurer
– This is the custody department that is responsible for the signing and distribution of pay ch___s to employees,
Personnel and Payroll Cycle
• Treasurer
– This is the custody department that is responsible for the signing and distribution of pay checks to employees,
89
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 pa_______s should always be retained within this same department
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
90
Personnel and Payroll Cycle
• Treasurer
– This is the custody department that is responsible for the signing and distribution of pay checks to employees,
and unc____ed paychecks should always be retained within this same department until they are either distributed or voided.
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.
91
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 re____ed within this same department until they are either distributed or voided.
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.
92
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 di_______ted or voided.
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.
93
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 v___ed.
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.
94
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 pay____ of wages is in cash, employees should be required to sign a receipt for the amount received.
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.
95
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 si__ a receipt for the amount received.
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.
96
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 re_____t for the amount received.
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.
97
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 re____ed.
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.
98
Personnel and Payroll Cycle
• Tr_______
– 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.
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.
99
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.
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.
100
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.
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.
101
Personnel and Payroll Cycle
• Controller – C________
– Bank Reconciliation.
Personnel and Payroll Cycle
• Controller – Comparison
– Bank Reconciliation.
102
Personnel and Payroll Cycle
• Controller – Comparison
– B___ Reconciliation.
Personnel and Payroll Cycle
• Controller – Comparison
– Bank Reconciliation.
103
Personnel and Payroll Cycle
• Controller – Comparison
– Bank R___________
Personnel and Payroll Cycle
• Controller – Comparison
– Bank Reconciliation.
104
Personnel and Payroll Cycle
• Con_______ – Comparison
– Bank Reconciliation.
Personnel and Payroll Cycle
• Controller – Comparison
– Bank Reconciliation.
105
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.
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.
106
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
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
107
Personnel and Payroll Cycle
The personnel cycle of a business normally is segregated between different departments:
• Personnel – (authorization)
H___, Fire, Salary Rates
Personnel and Payroll Cycle
The personnel cycle of a business normally is segregated between different departments:
• Personnel – (authorization)
Hire, Fire, Salary Rates
108
Personnel and Payroll Cycle
• Personnel – (authorization)
Hire, F___, Salary Rates
Personnel and Payroll Cycle
• Personnel – (authorization)
Hire, Fire, Salary Rates
109
Personnel and Payroll Cycle
• Personnel – (authorization)
Hire, Fire, Sa___y Rates
Personnel and Payroll Cycle
• Personnel – (authorization)
Hire, Fire, Salary Rates
110
Personnel and Payroll Cycle
• Personnel – (authorization)
Hire, Fire, Salary R___s
Personnel and Payroll Cycle
• Personnel – (authorization)
Hire, Fire, Salary Rates
111
Personnel and Payroll Cycle
• Pe______ – (authorization)
Hire, Fire, Salary Rates
Personnel and Payroll Cycle
• Personnel – (authorization)
Hire, Fire, Salary Rates
112
Personnel and Payroll Cycle
• Personnel – (___________)
Hire, Fire, Salary Rates
Personnel and Payroll Cycle
• Personnel – (authorization)
Hire, Fire, Salary Rates
113
Personnel and Payroll Cycle
• Payroll – (recording)
C_______ Pay
Personnel and Payroll Cycle
• Payroll – (recording)
Calculate Pay
114
Personnel and Payroll Cycle
• Payroll – (recording)
Calculate P__
Personnel and Payroll Cycle
• Payroll – (recording)
Calculate Pay
115
Personnel and Payroll Cycle
• P______ – (recording)
Calculate Pay
Personnel and Payroll Cycle
• Payroll – (recording)
Calculate Pay
116
Personnel and Payroll Cycle
• Payroll – (_________)
Calculate Pay
Personnel and Payroll Cycle
• Payroll – (recording)
Calculate Pay
117
Personnel and Payroll Cycle
• Treasurer – (custody)
S___s and distributes checks
Custody of cash
Personnel and Payroll Cycle
• Treasurer – (custody)
Signs and distributes checks
Custody of cash
118
Personnel and Payroll Cycle
• Treasurer – (custody)
Signs and di________s checks
Custody of cash
Personnel and Payroll Cycle
• Treasurer – (custody)
Signs and distributes checks
Custody of cash
119
Personnel and Payroll Cycle
• Treasurer – (custody)
Signs and distributes ch___s
Custody of cash
Personnel and Payroll Cycle
• Treasurer – (custody)
Signs and distributes checks
Custody of cash
120
Personnel and Payroll Cycle
• Treasurer – (custody)
Signs and distributes checks
C______ of cash
Personnel and Payroll Cycle
• Treasurer – (custody)
Signs and distributes checks
Custody of cash
121
Personnel and Payroll Cycle
• Treasurer – (custody)
Signs and distributes checks
Custody of c___
Personnel and Payroll Cycle
• Treasurer – (custody)
Signs and distributes checks
Custody of cash
122
Personnel and Payroll Cycle
• T________ – (custody)
Signs and distributes checks
Custody of cash
Personnel and Payroll Cycle
• Treasurer – (custody)
Signs and distributes checks
Custody of cash
123
Personnel and Payroll Cycle
• Treasurer – (________)
Signs and distributes checks
Custody of cash
Personnel and Payroll Cycle
• Treasurer – (custody)
Signs and distributes checks
Custody of cash
124
Personnel and Payroll Cycle
• Controller – (comparison)
B____ Reconciliation
Personnel and Payroll Cycle
• Controller – (comparison)
Bank Reconciliation
125
Personnel and Payroll Cycle
• Controller – (comparison)
Bank Re__________
Personnel and Payroll Cycle
• Controller – (comparison)
Bank Reconciliation
126
Personnel and Payroll Cycle
• Co_______ – (comparison)
Bank Reconciliation
Personnel and Payroll Cycle
• Controller – (comparison)
Bank Reconciliation
127
Personnel and Payroll Cycle
• Controller – (___________)
Bank Reconciliation
Personnel and Payroll Cycle
• Controller – (comparison)
Bank Reconciliation
128
Personnel and Payroll Cycle
The personnel cycle of a business normally is segregated between different departments:
• Pe_______ – (authorization)
Hire, Fire, Salary Rates
• P_____ – (recording)
Calculate Pay
• Treasurer – (custody)
Signs and distributes checks
Custody of cash
• Controller – (comparison)
Bank Reconciliation
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
129
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
• T________ – (custody)
Signs and distributes checks
Custody of cash
• C______ – (comparison)
Bank Reconciliation
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
130
Personnel and Payroll Cycle
The personnel cycle of a business normally is segregated between different departments:
• Personnel – (authorization)
H___, F___, Sa___y Rates
• Payroll – (recording)
C_______ Pay
• Treasurer – (custody)
Signs and distributes checks
Custody of cash
• Controller – (comparison)
Bank Reconciliation
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
131
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)
S___s and di_______s checks
Custody of cash
• Controller – (comparison)
Bank Reconciliation
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
132
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
Cu____ of cash
• Controller – (comparison)
B___ Re__________
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
133
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
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
134
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.
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.
135
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
• Per______ records;
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
• Personnel records;
136
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
• Personnel re____s;
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
• Personnel records;
137
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
• H__ing and deduction authorization forms (W-4);
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
• Hiring and deduction authorization forms (W-4);
138
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
• Hiring and ded_____ authorization forms (W-4);
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
• Hiring and deduction authorization forms (W-4);
139
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
* Personnel records;
* Hiring and deduction authorization forms ( _-4);
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
* Personnel records;
* Hiring and deduction authorization forms (W-4);
140
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
* Hiring and deduction authorization forms (W-4);
* Ti__ cards;
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
* Hiring and deduction authorization forms (W-4);
* Time cards;
141
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
• Time c___s;
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
• Time cards;
142
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
* Time cards;
* Pa____ register;
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
* Time cards;
* Payroll register;
143
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
* Time cards;
* Payroll reg_____;
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
* Time cards;
* Payroll register;
144
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
* Payroll register;
* Pay_______s;
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
* Payroll register;
* Paychecks;
145
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
* Paychecks;
* Payroll co__ allocation;
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
* Paychecks;
* Payroll cost allocation;
146
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
• Payroll cost allo________;
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
• Payroll cost allocation;
147
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
• Pa____ cost allocation;
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
• Payroll cost allocation;
148
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
• Bank rec__________
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
• Bank reconciliations.
149
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
• B___ reconciliations.
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
• Bank reconciliations.
150
Personnel and Payroll Cycle
Key Documents
The k__ 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.
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.
151
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
* Per______ records;
* Hiring and deduction authorization f___s (W-4);
* Time cards;
* Payroll register;
* Paychecks;
* Payroll cost allocation; and
* Bank reconciliations.
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.
152
Personnel and Payroll Cycle
Key Documents
The key documents generated in this cycle include:
* Personnel records;
* Hiring and deduction authorization forms (W-4);
* Ti__ c___s;
* Payroll register;
* Paychecks;
* Payroll cost allocation; and
* Bank reconciliations.
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.
153
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 re_____;
* Pay____s;
* Payroll cost allocation; and
* Bank reconciliations.
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.
154
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 allo______; and
* Bank re_________s.
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.
155
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.
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.
156
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.
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.
157
Description of the Personnel and Payroll Cycle
Personnel Department (HR)
The per_______ department is involved with the personnel records
Description of the Personnel and Payroll Cycle
Personnel Department (HR)
The personnel department is involved with the personnel records
158
Description of the Personnel and Payroll Cycle
Personnel Department (HR)
The personnel department is involved with the personnel re____s
Description of the Personnel and Payroll Cycle
Personnel Department (HR)
The personnel department is involved with the personnel records
159
Description of the Personnel and Payroll Cycle
Personnel Department (HR)
The personnel department is involved with the personnel records and all the h__ing forms,
Description of the Personnel and Payroll Cycle
Personnel Department (HR)
The personnel department is involved with the personnel records and all the hiring forms,
160
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 dedu_____ forms for payroll deductions.
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.
161
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 pa______ deductions.
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.
162
Description of the Personnel and Payroll Cycle
Per_______ Department (HR)
The personnel department is involved with the personnel records and all the hiring forms, including the deduction forms for payroll deductions.
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.
163
Description of the Personnel and Payroll Cycle
Personnel Department (H_)
The personnel department is involved with the personnel records and all the hiring forms, including the deduction forms for payroll deductions.
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.
164
Description of the Personnel and Payroll Cycle
Personnel Department (_R)
The personnel department is involved with the personnel records and all the hiring forms, including the deduction forms for payroll deductions.
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.
165
Description of the Personnel and Payroll Cycle
Personnel Department (__)
The personnel department is involved with the personnel records and all the hiring forms, including the deduction forms for payroll deductions.
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.
166
Description of the Personnel and Payroll Cycle
Personnel Department (HR)
The personnel department ap______s changes in pay rates
Description of the Personnel and Payroll Cycle
Personnel Department (HR)
The personnel department approves changes in pay rates
167
Description of the Personnel and Payroll Cycle
Personnel Department (HR)
The personnel department approves changes in pay r___s and deductions from employee salaries.
Description of the Personnel and Payroll Cycle
Personnel Department (HR)
The personnel department approves changes in pay rates and deductions from employee salaries.
168
Description of the Personnel and Payroll Cycle
Personnel Department (HR)
The personnel department approves changes in pay rates and ded_______s from employee salaries.
Description of the Personnel and Payroll Cycle
Personnel Department (HR)
The personnel department approves changes in pay rates and deductions from employee salaries.
169
Description of the Personnel and Payroll Cycle
Personnel Department (HR)
The personnel department approves changes in pay rates and deductions from employee sa___ies.
Description of the Personnel and Payroll Cycle
Personnel Department (HR)
The personnel department approves changes in pay rates and deductions from employee salaries.
170
Description of the Personnel and Payroll Cycle
Personnel Department (HR)
The personnel department is also involved in the ter_________ process.
Description of the Personnel and Payroll Cycle
Personnel Department (HR)
The personnel department is also involved in the termination process.
171
Description of the Personnel and Payroll Cycle
Personnel Department (HR)
The personnel department is also involved in the termination pr____ss.
Description of the Personnel and Payroll Cycle
Personnel Department (HR)
The personnel department is also involved in the termination process.
172
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 s__ds employees’ termination notices to the payroll department.
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.
173
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 n___ces to the payroll department.
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.
174
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 pa_____ department.
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.
175
Description of the Personnel and Payroll Cycle
Personnel Department (HR)
The per______ 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.
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.
176
Description of the Personnel and Payroll Cycle
Personnel Department (HR)
The personnel department is involved with the personnel re____s 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.
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.
177
Description of the Personnel and Payroll Cycle
Personnel Department (HR)
The personnel department is involved with the personnel records and all the hiring f___s, 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.
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.
178
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 ch____s 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.
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.
179
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 em____ee 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.
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.
180
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 per________ department is also involved in the termination process.
It is essential that the personnel department promptly sends employees’ termination notices to the payroll department.
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.
181
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 pr___tly sends employees’ termination notices to the payroll department.
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.
182
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’ ter________ notices to the payroll department.
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.
183
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.
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.
184
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.
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.
185
Description of the Personnel and Payroll Cycle
Employee
The em____ee prepares a time card,
Description of the Personnel and Payroll Cycle
Employee
The employee prepares a time card,
186
Description of the Personnel and Payroll Cycle
Employee
The employee prepares a t___ card,
Description of the Personnel and Payroll Cycle
Employee
The employee prepares a time card,
187
Description of the Personnel and Payroll Cycle
Employee
The employee prepares a time card, and s___its it to the supervisor for authorization.
Description of the Personnel and Payroll Cycle
Employee
The employee prepares a time card, and submits it to the supervisor for authorization.
188
Description of the Personnel and Payroll Cycle
Employee
The employee prepares a time card, and submits it to the supervisor for aut________.
The time card is then sent to the payroll department.
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.
189
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 s__t to the payroll department.
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.
190
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 pa_____ department.
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.
191
Description of the Personnel and Payroll Cycle
E________
The employee prepares a time card, and submits it to the supervisor for authorization.
The time card is then sent to the payroll department.
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.
192
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.
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.
193
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.
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.
194
Description of the Personnel and Payroll Cycle
Payroll Department
The pa_____ department examines authorization forms from the personnel department for new employees
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department examines authorization forms from the personnel department for new employees
195
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department ex______es authorization forms from the personnel department for new employees
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department examines authorization forms from the personnel department for new employees
196
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department examines auth_______ forms from the personnel department for new employees
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department examines authorization forms from the personnel department for new employees
197
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department examines authorization forms from the per________ department for new employees
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department examines authorization forms from the personnel department for new employees
198
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department examines authorization forms from the personnel department for new employees and a__s the employees’ names to the payroll processing program.
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.
199
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’ n___s to the payroll processing program.
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.
200
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 pa_____ processing program.
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.
201
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 pa______ department promptly updates the records for changes in deductions, pay rates, and terminations.
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.
202
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department pr____tly updates the records for changes in deductions, pay rates, and terminations.
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department promptly updates the records for changes in deductions, pay rates, and terminations.
203
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department promptly up____s the records for changes in deductions, pay rates, and terminations.
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department promptly updates the records for changes in deductions, pay rates, and terminations.
204
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department promptly updates the records for ch___es in deductions, pay rates, and terminations.
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department promptly updates the records for changes in deductions, pay rates, and terminations.
205
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department promptly updates the records for changes in de_______s, pay rates, and terminations.
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department promptly updates the records for changes in deductions, pay rates, and terminations.
206
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department promptly updates the records for changes in deductions, pay r___s, and terminations.
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department promptly updates the records for changes in deductions, pay rates, and terminations.
207
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department promptly updates the records for changes in deductions, pay rates, and ter_________s.
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department promptly updates the records for changes in deductions, pay rates, and terminations.
208
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 a__ the time card and wage rate information into the payroll register.
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.
209
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department en___s all the time card and wage rate information into the payroll register.
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.
210
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department enters all the time c___ and wage rate information into the payroll register.
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.
211
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department enters all the time card and wage r___ information into the payroll register.
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.
212
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department enters all the time card and wage rate information into the payroll r______r.
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.
213
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department enters all the time card and wage rate information into the pa_____ register.
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.
214
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 ch___s are prepared by the payroll department and submitted to the treasurer for signature.
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.
215
Description of the Personnel and Payroll Cycle
Payroll Department
Payroll checks are pr_____ed by the payroll department and submitted to the treasurer for signature.
Description of the Personnel and Payroll Cycle
Payroll Department
Payroll checks are prepared by the payroll department and submitted to the treasurer for signature.
216
Description of the Personnel and Payroll Cycle
Payroll Department
Payroll checks are prepared by the payroll department and su______ed to the treasurer for signature.
Description of the Personnel and Payroll Cycle
Payroll Department
Payroll checks are prepared by the payroll department and submitted to the treasurer for signature.
217
Description of the Personnel and Payroll Cycle
Payroll Department
Payroll checks are prepared by the payroll department and submitted to the tr________ for signature.
Description of the Personnel and Payroll Cycle
Payroll Department
Payroll checks are prepared by the payroll department and submitted to the treasurer for signature.
218
Description of the Personnel and Payroll Cycle
Payroll Department
Payroll checks are prepared by the payroll department and submitted to the treasurer for si________.
Description of the Personnel and Payroll Cycle
Payroll Department
Payroll checks are prepared by the payroll department and submitted to the treasurer for signature.
219
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department also pr______s a payroll cost allocation based on the time card information.
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department also prepares a payroll cost allocation based on the time card information.
220
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department also prepares a pay____ cost allocation based on the time card information.
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department also prepares a payroll cost allocation based on the time card information.
221
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department also prepares a payroll cost all_______ based on the time card information.
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department also prepares a payroll cost allocation based on the time card information.
222
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department also prepares a payroll c___ allocation based on the time card information.
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department also prepares a payroll cost allocation based on the time card information.
223
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department also prepares a payroll cost allocation based on the t___ card information.
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department also prepares a payroll cost allocation based on the time card information.
224
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 c___ allocation is used to distribute payroll costs over the various accounts affected.
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.
225
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 dis_______ payroll costs over the various accounts affected.
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.
226
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 ac______s affected.
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.
227
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 ov__ the various accounts affected.
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.
228
Description of the Personnel and Payroll Cycle
Pa_____ 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.
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.
229
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department ex_____es 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.
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.
230
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department examines authorization forms from the pe_______ 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.
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.
231
Description of the Personnel and Payroll Cycle
Payroll Department
The payroll department examines authorization forms from the personnel department for n__ 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.
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.
232
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 up____s the re____s 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.
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.
233
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.
- En___s 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.
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.
234
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 w___ 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.
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.
235
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 ch___s 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.
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.
236
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 c___ allo______ based on the time card information. The payroll cost allocation is used to distribute payroll costs over the various accounts affected.
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.
237
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.
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.
238
Description of the Personnel and Payroll Cycle
Treasurer
The treasurer re_____s the checks from the payroll department and signs them.
Description of the Personnel and Payroll Cycle
Treasurer
The treasurer receives the checks from the payroll department and signs them.
239
Description of the Personnel and Payroll Cycle
Treasurer
The treasurer receives the checks from the pa_____ department and signs them.
Description of the Personnel and Payroll Cycle
Treasurer
The treasurer receives the checks from the payroll department and signs them.
240
Description of the Personnel and Payroll Cycle
Treasurer
The treasurer receives the checks from the payroll department and s___s them.
Description of the Personnel and Payroll Cycle
Treasurer
The treasurer receives the checks from the payroll department and signs them.
241
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 dis_______ of paychecks.
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.
242
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.
Un_____ed paychecks should remain in the custody of the treasurer.
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.
243
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 tre_______.
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.
244
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 n__ be returned to the payroll department.
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.
245
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 re____ed to the payroll department.
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.
246
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 pay____ department.
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.
247
Description of the Personnel and Payroll Cycle
Tre_____
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.
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.
248
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.
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.
249
Description of the Personnel and Payroll Cycle
Controller
As an overall verification of cu_____y controls over cash,
Description of the Personnel and Payroll Cycle
Controller
As an overall verification of custody controls over cash,
250
Description of the Personnel and Payroll Cycle
Controller
As an ove____ verification of custody controls over cash,
Description of the Personnel and Payroll Cycle
Controller
As an overall verification of custody controls over cash,
251
Description of the Personnel and Payroll Cycle
Controller
As an overall veri_______ of custody controls over cash,
Description of the Personnel and Payroll Cycle
Controller
As an overall verification of custody controls over cash,
252
Description of the Personnel and Payroll Cycle
Controller
As an overall verification of custody controls over cash, the controller should pr______ monthly bank reconciliations
Description of the Personnel and Payroll Cycle
Controller
As an overall verification of custody controls over cash, the controller should prepare monthly bank reconciliations
253
Description of the Personnel and Payroll Cycle
Controller
As an overall verification of custody controls over cash, the controller should prepare monthly bank re__________s
Description of the Personnel and Payroll Cycle
Controller
As an overall verification of custody controls over cash, the controller should prepare monthly bank reconciliations
254
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 v____y that there were no errors made
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
255
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 e____s made
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
256
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 n_ errors made in recording receipts in the cash receipts journal.
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.
257
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 re____ing receipts in the cash receipts journal.
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.
258
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.
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.
259
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 re____ts in the cash receipts journal.
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.
260
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 c___ receipts journal.
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.
261
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 j_____al.
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.
262
Description of the Personnel and Payroll Cycle
Co_______
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.
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.
263
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.
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.
264
Segregation of Duties in the Personnel and Payroll Cycle
For proper seg_______ of duties, authorization of transactions, the recording function, and custody of assets should be kept separate.
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.
265
Segregation of Duties in the Personnel and Payroll Cycle
For proper segregation of duties, aut_________ of transactions, the recording function, and custody of assets should be kept separate.
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.
266
Segregation of Duties in the Personnel and Payroll Cycle
For proper segregation of duties, authorization of transactions, the re____ing function, and custody of assets should be kept separate.
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.
267
Segregation of Duties in the Personnel and Payroll Cycle
For proper segregation of duties, authorization of transactions, the recording function, and c_____y of assets should be kept separate.
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.
268
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 se_______.
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.
269
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 fu______s of authorizing the hiring of personnel, payroll processing (recording) and distributing payroll checks (custody) should be segregated.
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.
270
Segregation of Duties in the Personnel and Payroll Cycle
• The functions of
au_____ing the hiring of personnel,
payroll processing (recording)
and distributing payroll checks (custody)
should be segregated.
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.
271
Segregation of Duties in the Personnel and Payroll Cycle
• The functions of
authorizing the hiring of personnel,
payroll pro____ing (recording)
and distributing payroll checks (custody)
should be segregated.
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.
272
Segregation of Duties in the Personnel and Payroll Cycle
• The functions of
authorizing the hiring of personnel,
payroll processing (recording)
and dis_____ing payroll checks (custody)
should be segregated.
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.
273
Segregation of Duties in the Personnel and Payroll Cycle
• The functions of
authorizing the h___ng of personnel,
payroll processing (recording)
and distributing payroll checks (custody)
should be segregated.
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.
274
Segregation of Duties in the Personnel and Payroll Cycle
• The functions of
authorizing the hiring of personnel,
payroll processing (re___ing)
and distributing payroll checks (custody)
should be segregated.
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.
275
Segregation of Duties in the Personnel and Payroll Cycle
• The functions of
authorizing the hiring of personnel,
payroll processing (recording)
and distributing payroll ch___s (custody)
should be segregated.
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.
276
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 se_______ed.
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.
277
Segregation of Duties in the Personnel and Payroll Cycle
• The fu______s of authorizing payroll rate changes and payroll processing (recording) should be segregated.
Segregation of Duties in the Personnel and Payroll Cycle
• The functions of authorizing payroll rate changes and payroll processing (recording) should be segregated.
278
Segregation of Duties in the Personnel and Payroll Cycle
• The functions of
au______ing payroll rate changes
and payroll processing (recording)
should be segregated.
Segregation of Duties in the Personnel and Payroll Cycle
• The functions of
authorizing payroll rate changes
and payroll processing (recording)
should be segregated.
279
Segregation of Duties in the Personnel and Payroll Cycle
• The functions of
authorizing payroll rate changes
and payroll processing (re____ing)
should be segregated.
Segregation of Duties in the Personnel and Payroll Cycle
• The functions of
authorizing payroll rate changes
and payroll processing (recording)
should be segregated.
280
Segregation of Duties in the Personnel and Payroll Cycle
• The functions of
authorizing payroll rate ch___es
and payroll processing (recording)
should be segregated.
Segregation of Duties in the Personnel and Payroll Cycle
• The functions of
authorizing payroll rate changes
and payroll processing (recording)
should be segregated.
281
Segregation of Duties in the Personnel and Payroll Cycle
• The functions of
authorizing payroll rate changes
and pa_____ processing (recording)
should be segregated.
Segregation of Duties in the Personnel and Payroll Cycle
• The functions of
authorizing payroll rate changes
and payroll processing (recording)
should be segregated.
282
Segregation of Duties in the Personnel and Payroll Cycle
• The functions of
authorizing payroll rate changes
and payroll processing (recording)
should be se______ed.
Segregation of Duties in the Personnel and Payroll Cycle
• The functions of
authorizing payroll rate changes
and payroll processing (recording)
should be segregated.
283
Segregation of Duties in the Personnel and Payroll Cycle
• Payroll ch___s should be prepared by the payroll department and signed by the treasurer, segregating recording and custody.
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.
284
Segregation of Duties in the Personnel and Payroll Cycle
• Pay____ checks should be
prepared by the payroll department
and signed by the treasurer,
segregating recording and custody.
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.
285
Segregation of Duties in the Personnel and Payroll Cycle
• Payroll checks should be
prepared by the pa_____ department
and signed by the treasurer,
segregating recording and custody.
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.
286
Segregation of Duties in the Personnel and Payroll Cycle
• Payroll checks should be
prepared by the payroll department
and signed by the tre______,
segregating recording and custody.
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.
287
Segregation of Duties in the Personnel and Payroll Cycle
• Payroll checks should be
prepared by the payroll department
and signed by the treasurer,
segregating r______ing and custody.
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.
288
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 c____dy.
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.
289
Segregation of Duties in the Personnel and Payroll Cycle
For proper segregation of d___es, 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.
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.
290
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 c_____s should be prepared by the payroll department and signed by the treasurer, segregating recording and custody.
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.
291
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 h___ng 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.
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.
292
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 r___ 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.
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.
