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FPC Ch 2 Quizzes (1)

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FPC Ch 2 Quizzes (1)

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FPC Ch 2 Quizzes
A computerized payroll system can help a payroll department accomplish all of the following
tasks EXCEPT: - ANS-Recognize changes in laws and regulations

If you need very rapid response time with minimal lag between input and output into your
computer system, look for: - ANS-Real-time processing

Name three systems that commonly need to be interfaced with the payroll computer system -
ANS-1. Bank checking accounts
2. HR
3. Direct Deposit

Name 2 key advantages of automated interfacing - ANS-1. Data entered once
2. More accurate data exchange

Name 2 key advantages of integrated databases - ANS-1. Eliminate timing issues
2. Help reduce data integrity issues

Name 2 features found in systems providing employee self-service - ANS-1. Ability to update
personal data
2. Ability to View and print pay statements

The integrity of the data can be verified by: - ANS-Balancing and reconciliations

Checking inputs or outputs against predetermined constraints is called: - ANS-Validity edit

Payroll tax liability accounts should be reconciled at least weekly - ANS-False. They should
occur at least monthly

Every month, all of the following records are reconciled EXCEPT: - ANS-validity edits

Payroll documentation accomplishes all of the following EXCEPT: - ANS-Ensures procedures
are followed

When system-generated totals do not agree to batch control totals, what must occur? -
ANS-Need to find the cause and correct the error

Name one way payroll managers can increase security through stricter internal control of the
payroll staff - ANS-Restrict access to the system

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