During process 3.0 Calculate payroll at AB Hi-Fi, before the salary is deposited into the employees bank
Question:
During process 3.0 Calculate payroll at AB Hi-Fi, before the salary is deposited into the employees’ bank accounts by electronic funds transfer, the approval of the departmental manager is sought. This allows the departmental manager to make any necessary adjustments to pay.
Required
(a) What data does the departmental manager draw on when making the decision?
(b) Where do the data you identified in part
(a) come from?
(c) Are these data reliable; that.is, is there any possibility that there could be errors in the data?
(d) Are these data sufficient to make the decision, or can you identify additional data that the departmental manager should consider when making the decision?
(e) What would be the consequences of an incorrect decision?
Step by Step Answer:
Accounting Information Systems Understanding Business Processes
ISBN: 9781742165554
3rd Edition
Authors: Brett Considine, Alison Parkes, Karin Olesen, Michael Lee, Derek Speer