Question
1.When a cash disbursement in payment of an accounts payable is recorded * A.the income statement is changed B.the liability account is decreased C.the liability
1.When a cash disbursement in payment of an accounts payable is recorded * A.the income statement is changed B.the liability account is decreased C.the liability account is increased D.the cash account is unchanged
2.Goals of ERP include all of the following except * A.increased production B.improved customer service C.improvements of legacy systems D.reduced production time
3.The payroll department performs all of the following except * A.distributes paychecks B.prepares the payroll register C.prepares paychecks D.updates employee payroll records
4.The Fixed Asset System performs all of the following except * A.determines the need for new assets B.maintains depreciation records C.tracks the physical location of fixed assets D.records retirement and disposal of assets
5.In the payroll subsystem, which function should distribute paychecks? * A.paymaster B.timekeeping C.personnel D.payroll
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