Answered step by step
Verified Expert Solution
Question
1 Approved Answer
all please Date: August 15 2018 person should not have inventory responsibilities over more hs ownshould not Production D. Each person can only have one
all please
Date: August 15 2018 person should not have inventory responsibilities over more hs ownshould not Production D. Each person can only have one duty or function in the production function E Nowe of above B. Oe person should not have production tesponsibilities over more than cne starion Ceesm should not have quality assurance responssbilities over a work station odher than 2. The major activities within the conversion process include all but A Strategie planning that supports the company's operational goals B. Optimizing the use of the employees, property, and inventories that are needed in operaticns C. Controlling production flows, ensuring product quality D. Preparing the related cost accounting and financial accounting records E. None of above 3.Although it is uncommon, some companies maintain sep arate checking accounts that are used for payroll transactions A, True B. False C. Need more information to determine d Internal control activities within the payroll process, identified as independent checks and reconciliations, would include which of the following? A. IT controls over computer records and physical controls in records storage area B. Time sheets reconciled with the payroll register. C. The payroll register is checked for mathematical accuracy and agreement with authorized pay rates and deductions. D. Supervisor approves time sheets prior to preparation of payroll documents None of above E. Which of the following is not an advantage of using real-time data processing 5. Quick response time to support timely record keeping and customer satisfaction B. Efficiency for use with small volumes of data C. Provides for random access of data D. Improved accuracy due to the immediate recording of transactions E. None of above A. Which of the following is not an objective of a A Minimize data redundancy B Make efficient use of storage media C Reduce the data-gathering responsibilities of some subsystems within the organization D Reduce the decision-making functions of subsystem managers 6. computerized database
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started