An important reconciliation in the payroll system is
A) general ledger compares the labor distribution summary from cost accounting to the disbursement voucher from accounts payable
B) personnel compare the number of employees authorized to receive a paycheck to the number of paychecks prepared
C) production compares the number of hours reported on job tickets to the number of hours reported on time cards
D) payroll compares the labor distribution summary to the hours reported on time cards
Correct Answer:
Verified
Q25: The paymaster distributes paychecks to work center
Q26: Which control is not a part of
Q27: Which internal control is not an important
Q28: Depreciation
A)is calculated by the department that uses
Q29: In the payroll subsystem,which function should distribute
Q31: Depreciation records include all of the following
Q32: When fixed assets are received,the receiving clerk
Q33: Which of the following is not a
Q34: In a manufacturing firm,employees use time cards
Q35: Work centers provide the personnel action form,which
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