44. (SO 2) Describe the type of information that a human resources department should maintain for each employee.
45. (SO 2) The calculation of gross and net pay can be a complicated process. Explain the items that complicate payroll calculations.
46. (SO 3) Explain how duties are segregated in payroll. Specifically, who or which departments conduct the authorization, timekeeping, recording, and custody functions?
47. (SO 3) Explain the various reconciliation procedures that should occur in payroll.
48. (SO 4) Explain the ways in which electronic transfer of funds can improve payroll processes.
49. (SO 5) Explain the kinds of information that must be maintained in fixed asset records during the asset continuance phase.
50. (SO 6) The authorization to purchase fixed assets should include investment analysis. Explain the two parts of investment analysis.
51. (SO 8) Explain the types of unethical behavior that may occur in the fixed assets area.