SUA PART #2 EXAM QUESTIONS
AND ANSWERS
who makes the entry in the purchases journal and the accounts payable subsidiary
ledger? - ANSWER-Jim Adams
what 3 documents are attached together in the purchases cycle? - ANSWER-
Approved PO 2, Receiving Report, Vendor Invoice
who prepares the checks for the cash disbursement cycle? - ANSWER-Jim Adams
what documents does Ray Kramer review, sign, and write the check #, date and
"paid" on for payments on account? - ANSWER-Approved PO 2, receiving report,
vendor invoice, check
what documents are pulled by Jim Adams from the vendor temporary file to prepare
a check for payments on account? - ANSWER-Approved PO 2, receiving report and
vendor invoice
what's the process for cash purchases cash disbursements? - ANSWER-Jim adams
receives the vendor invoice
prepares the check
Kramer reviews the check & invoice, signs the check, writes "paid", check #, date
and initials on invoice
Jim Adams makes entry in the cash disbursements journal
who is in charge of time-keeping for the payroll cycle? - ANSWER-Jim Adams
what is the timekeeping process for the payroll cycle? - ANSWER-Jim Adams prints
the time record reports
Kramer approves the reports
Jim calculates the payroll
Jim enters the payroll into payroll journal & employee earnings sub ledger
approved time record report is stored in file
what is the payments process for the payroll cycle? - ANSWER-Jim adams prepares
renumbered check from payroll journal
Kramer reviews the payroll journal and signs check
Jim enters check # in payroll journal and cash disbursements journal and enters the
date in the employee earnings sub ledger
Kramer sends the signed payroll check to the employee
employee signs time record report acknowledging hours and receipt of check
Who prepares the purchase order? - ANSWER-Nancy Ford
who approves and signs the purchase order? - ANSWER-Ray Kramer
AND ANSWERS
who makes the entry in the purchases journal and the accounts payable subsidiary
ledger? - ANSWER-Jim Adams
what 3 documents are attached together in the purchases cycle? - ANSWER-
Approved PO 2, Receiving Report, Vendor Invoice
who prepares the checks for the cash disbursement cycle? - ANSWER-Jim Adams
what documents does Ray Kramer review, sign, and write the check #, date and
"paid" on for payments on account? - ANSWER-Approved PO 2, receiving report,
vendor invoice, check
what documents are pulled by Jim Adams from the vendor temporary file to prepare
a check for payments on account? - ANSWER-Approved PO 2, receiving report and
vendor invoice
what's the process for cash purchases cash disbursements? - ANSWER-Jim adams
receives the vendor invoice
prepares the check
Kramer reviews the check & invoice, signs the check, writes "paid", check #, date
and initials on invoice
Jim Adams makes entry in the cash disbursements journal
who is in charge of time-keeping for the payroll cycle? - ANSWER-Jim Adams
what is the timekeeping process for the payroll cycle? - ANSWER-Jim Adams prints
the time record reports
Kramer approves the reports
Jim calculates the payroll
Jim enters the payroll into payroll journal & employee earnings sub ledger
approved time record report is stored in file
what is the payments process for the payroll cycle? - ANSWER-Jim adams prepares
renumbered check from payroll journal
Kramer reviews the payroll journal and signs check
Jim enters check # in payroll journal and cash disbursements journal and enters the
date in the employee earnings sub ledger
Kramer sends the signed payroll check to the employee
employee signs time record report acknowledging hours and receipt of check
Who prepares the purchase order? - ANSWER-Nancy Ford
who approves and signs the purchase order? - ANSWER-Ray Kramer
