hello, I'm currently reviewing for my upcoming exams and the file attached here have good sets of questions but doesn't provide answers. I would like to request for you to answer these it would be highly appreciated.

0qu #3: Ale-Accounting Multiple choice questions for the theme Expenditure cycle it (Payroll system and Fixed assets system) 10. 11. The document that captures tile total amount of time d'tat individual workers spend on each production job is called a a. time card. b. job ticket. c. personnel action form. d, labor distribution form. An important reconciliation in the payroll system is when a. the general ledger department compares the labor distribution summary from 005! accounting to the disbursement voucher from AP. b. the personnel department compares the number of employees authorized to receive a paycheck to the number of paychecks prepared. c. the production department compares the number of hours reported on job tickets to the number of hours reported on time cards. d. the payroll department compares the labor distribution summary to the hours reported on time cards. which internal control is not an important part of the payroll system? a. supervisors verify the accuracy of employee time cards b. paychecks are distributed by an independent paymasler c. theAP department verifies the accruacy of the payroll register before transferring payroll funds to the general checking account (1. the general ledger department reconciles the labor disrributlon summary and the payroll disbursement voucher The department responsible for approving pay rate changes is a. payroll b. treasurer c. personnel (1. cash disbursements Which function should distribute paychecks? a. personnel b. timekeeping c. paymaster d. payroll Which transat1ion is not processed in the fixed asset system? a. purchase of building b. repair of equipment c. purchase of raw materials d. sale of company van Depreciation a. is calculated by the department that uses the fixed asset. b. allocates the cost of the asset over its useful life. c. is recorded weekly. d. results in book value approximating fair market value. Depreciation records include all of the following information about xed assets EXCEPT the at. economic benefit of purchasing the asset. b. cost of the asset. c. depreciation method being used. d. location of the asset. which control is not a part of the fixed asset system? a. formal analysis of the purchase request b. review of the assumptions used in the capital budgeting model c. development of an economic order quantity model d. estimates of anticipated cost savings Objectives of the fixed asset system do NOT include a. authorizing the acquisition of fixed assets. b. recording depreciation expense. c. computing gain andr'nr loss on the disposal of xed assets. (1. maintaining a record of the lair market value of all fixed assets. Which of the following is NOT a characteristic of the fixed asset system? a. acquisitions are routine transactions requiring general authorization b. retirements are reported on an authorized disposal report form c. acquisition cost Is allocated over the expected life of the asset d. transfer of fixed assets among departments is recorded in the fixed asset subsidiary ledger