A flowchart on page 5 of this paper is the systems/document flowchart of a Payroll System (and associated systems). The flowchart is annotated with 12 points labeled 1 to 12, which represent either a control plan that satisfies one or more control objectives of the system OR a point where a control plan to satisfy one or more control objectives of the system are missing.
Required: For all 12 identified control points indicate what control objectives of the system are satisfied or missing. In addition, for each of the MISSING control plans speculate on a control plan that should/could be implemented for each MISSING element. Your answer should be formatted in the manner indicated below.
Note the following is an example only.
Number Existing or missing Control Process Plan Control objective satisfied or missing
e.g. 15 Annual stocktake Security
e.g. 16 Inventory file updated with picking ticket data Update completeness not met
Data processing Payroll department Operating department supervisor Operating department clerk Employee cashier Distribute Time cards Time cards Time cards Start supervisors Bank Payroll reports Prepare Time Cards Time Cards Distribute Time cards (completed and approved) Key time data card hours worked Envelop and mail Direct deposit slips and cheques employees Cheque register Employee payroll master Time card (completed) Time card (completed) Create current weeks activity file Accepted input Direct deposit cheques and deposit slips Verified Signed direct deposit cheques Review and sign Current weeks activity file Time cards completed and approved Employee cheques Time cards (completed and approved) Compare number and total value of cheques Create current weeks pay file Sign cheques using cheque Signing machine Current weeks pay fle Payroll reports Cheque signing machine obtained from cashier Signed direct deposit cheques Prepare payroll cheques, deposit slips and reports Distribute pay cheques Signed payroll cheques Signed employee payroll cheques Payroll cheques deposit slips and reports Verified Signed employee payrol cheques Verified Signed employee payrol cheques THIS CONTROL MATRIX TEMPLATE IS ONLY PROVIDED TO ASSIST THOSE STUDENTS WHO WISH TO USE IT IN THE PREPARATION OF THEIR ANSWER TO PART C. Control Matrix Control Goals of the Operations System Ensure effectivness of operations by achieving Ensure efficient the following system goals: employment of resources Control goals for t Control goals for the Information system For ......... input ensure: For .......... file ensure: Ensure security of resources Recommended Control Plans B C D IV ICIA UC KEY: A B C D E Details of operations control goals Details of operations control goals Details of operations control goals Details of operations control goals Details of operations control goals IV IC IA UC UA Input Validity Input Completeness Input Accuracy Update Completeness Update Accuracy Activate Windows Go to Settings to activate Windows Data processing Payroll department Operating department supervisor Operating department clerk Employee cashier Distribute Time cards Time cards Time cards Start supervisors Bank Payroll reports Prepare Time Cards Time Cards Distribute Time cards (completed and approved) Key time data card hours worked Envelop and mail Direct deposit slips and cheques employees Cheque register Employee payroll master Time card (completed) Time card (completed) Create current weeks activity file Accepted input Direct deposit cheques and deposit slips Verified Signed direct deposit cheques Review and sign Current weeks activity file Time cards completed and approved Employee cheques Time cards (completed and approved) Compare number and total value of cheques Create current weeks pay file Sign cheques using cheque Signing machine Current weeks pay fle Payroll reports Cheque signing machine obtained from cashier Signed direct deposit cheques Prepare payroll cheques, deposit slips and reports Distribute pay cheques Signed payroll cheques Signed employee payroll cheques Payroll cheques deposit slips and reports Verified Signed employee payrol cheques Verified Signed employee payrol cheques THIS CONTROL MATRIX TEMPLATE IS ONLY PROVIDED TO ASSIST THOSE STUDENTS WHO WISH TO USE IT IN THE PREPARATION OF THEIR ANSWER TO PART C. Control Matrix Control Goals of the Operations System Ensure effectivness of operations by achieving Ensure efficient the following system goals: employment of resources Control goals for t Control goals for the Information system For ......... input ensure: For .......... file ensure: Ensure security of resources Recommended Control Plans B C D IV ICIA UC KEY: A B C D E Details of operations control goals Details of operations control goals Details of operations control goals Details of operations control goals Details of operations control goals IV IC IA UC UA Input Validity Input Completeness Input Accuracy Update Completeness Update Accuracy Activate Windows Go to Settings to activate Windows
