AIS Quiz ch 13 - Score 1/1 6 Payroll is one AIS application...

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1. Which control would be most appropriate to address the problem of inaccurate payroll processing? Student Response Value Correct Answer A. encryption B. direct deposit C. cross-footing of the payroll register 100% D. an imprest payroll checking account Score: 1/1 2. Some stock analysts believe that a company's human resources may be worth several times the value of its tangible assets. However, the AIS typically does not account for or track such assets. Why is this the case? Score: 1/1 3.
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Which activity below is not performed by the HRM? Score: 1/1 4. Theft or fraudulent distribution of payroll checks is a potential threat to the payroll processing activity. What is one control that can be implemented to help prevent paychecks being issued to a "phantom" or "ghost" employee? Score: 0/1 5. What is the payroll system's principal output?
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Unformatted text preview: Score: 1/1 6. Payroll is one AIS application that is processed in __________ mode. Score: 1/1 7. Part of the calculation necessary to process a payroll involves summing payroll deductions and subtracting the total from an employee's gross pay to arrive at net pay. Payroll deductions fall into two broad categories. Which deduction below would not be considered a voluntary deduction? Score: 1/1 8. What is the purpose of a general ledger payroll clearing account? Score: 1/1 9. Which type of payroll report lists the miscellaneous voluntary deductions for each employee? Score: 1/1 10. The results of an internal audit finds that there is a problem with inaccurate time data being entered into the payroll system. What is an applicable control that can help prevent this event from occurring in the future? Score: 1/1...
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