Accounting Information Systems
11th Edition
ISBN: 9781337552127
Author: Ulric J. Gelinas, Richard B. Dull, Patrick Wheeler, Mary Callahan Hill
Publisher: Cengage Learning
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Question
Chapter 14, Problem 7P
Summary Introduction
To list: The positive and negative aspects of in-house versus outsourced payroll processing.
Introduction:
Human resource (HR) management and Payroll process:
Human resource management is about the basic human management functions in an organization and its associated activities. It also speaks about the relationship between human resource management activities and the payroll process. It also depicts the importance of HR activities in the decision making of the top management.
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Chapter 14 Solutions
Accounting Information Systems
Ch. 14 - What is human capital management (HCM)?Ch. 14 - What does human capital include?Ch. 14 - What is the human resources management process?...Ch. 14 - Prob. 4RQCh. 14 - Prob. 5RQCh. 14 - What role does each HR manager listed in Figure...Ch. 14 - What key decisions do the HR managers shown in...Ch. 14 - Prob. 8RQCh. 14 - Prob. 9RQCh. 14 - Prob. 10RQ
Ch. 14 - Prob. 11RQCh. 14 - Prob. 12RQCh. 14 - Prob. 13RQCh. 14 - Prob. 14RQCh. 14 - Prob. 15RQCh. 14 - Prob. 16RQCh. 14 - Prob. 17RQCh. 14 - Prob. 1DQCh. 14 - Prob. 2DQCh. 14 - Discuss the role unions and government agencies...Ch. 14 - Prob. 4DQCh. 14 - Prob. 5DQCh. 14 - In this chapter, we stated that many organizations...Ch. 14 - Prob. 3SPCh. 14 - Prob. 4SPCh. 14 - Prob. 5SPCh. 14 - Prob. 6SPCh. 14 - Prob. 6PCh. 14 - Prob. 7P
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- Which statement is NOT true? a. Business activities begin with the acquisition of materials, property, and labor in exchange for cash. b. The conversion cycle includes the task of determining raw materials requirements. c. Manufacturing firms have a conversion cycle but retail firms do not. d. A payroll check is an example of a product document of the payroll system. e. A journal voucher is actually a special source document.arrow_forwardFlowchart Control Points. Each number of the flowchart in Exhibit H.53.1 identifies a control point in the computerized payroll processing system. List the control points and, for each point, describe the type of internal control procedure that should be implemented.arrow_forwardSYSTEM FLOWCHART—PAYROLL (AUTOMATED PROCESSES)Using the flowchart structure presented in Figure 225 in the text, prepare a system flowchart of the process outlined in Problem 3. Assume the following: Hard-copy timesheets are submitted by employees to department management. Managers submit the time sheet data digitally from their department terminals to the automated payroll application located in the data center. The automated system posts the transactions to the digital payroll file. The system also prepares and distributes hardcopy checks and cost center reports to employees and management respectively. Managers review the reports and file them in their departments. SYSTEM FLOWCHART PAYROLL Figure 2-4 in the text illustrates how a customer order is transformed into a source document, a product document, and a turnaround document. Develop a similar flowchart for the process of paying hourly employees. The Process: Supervisors collect time sheets from employees, review them for…arrow_forward
- In a payroll processing DFD, the "prepare reports" activity will be represented by will be represented by , and the "management" will be represented by O a circle; two horizontal lines; two horizontal lines O a square; two horizontal lines; a circle O a circle; two horizontal lines; a square O a rectangle; a square; a circle the "employee payroll file"arrow_forwardUsing the flowchart structure presented in Figure 2-22 in the text, prepare a system flowchart of the payroll process outlined in Problem 3. Assume that all activities are performed manually.arrow_forwardUsing the flowchart structure presented in Figure 2- in the text, prepare a system flowchart of the pro- cess outlined in Problem 3. Assume the following: Hard-copy timesheets are submitted by employees to department management. Managers submit the time sheet data digitally from their department terminals to the automated payroll application located in the data center. The automated system posts the transactions to the digital payroll file. The system also prepares and distributes hard- copy checks and cost center reports to employees and management respectively. Managers review the reports and file them in their departmentsarrow_forward
- explain why you believe having a payroll journal as a separate entity from the main journal is a good or bad idea.arrow_forwardAn important reconciliation in the payroll system is whena. the general ledger department compares the labor distribution summary from cost accounting to the disbursement voucher from accounts payable.b. the personnel department compares the number of employees authorized to receive a pay check to the number of paychecks prepared.c. the production department compares the number of hours reported on job tickets to the number of hours reported on time cards.d. the payroll department compares the labor distribution summary to the hours reported on time cards.arrow_forwardSearch the term "payroll accounting" to read personal perspectives about payroll practice, outsourcing, and tax form completion. What were three insights you found that was new to you?arrow_forward
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