This is accounting information system. The questions is asking to do analysis from the given flowchart below.
SECTION C: (8 Marks - Suggested time approx. 30 minutes) This section consists of one systems analysis style question that must be answered. Commence the answer to the question on a new page of the exam booklet. Additional exam booklets are available if needed. A flowchart on page 6 of this paper is the systems/document flowchart of a Payroll System (and associated systems). The flowchart is annotated with 10 points labelled 1 to 10, that 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. Whilst a Control Matrix Template is provided on page 7, to assist those students who wish to use it in the preparation of their answer to part C, DO NOT include the template as part of your answer. Required: For each of the 10 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. (8 MARKS) Data processing Payroll department Operating department supervisor Operating department clerk Employee cashier Timesheets Distribute Start Timesheets Bank employees Payroll reports Timesheets Timesheet (completed) Prepare Timesheets Timesheets (completed and approved) Key time data R card Fill in hours worked Envelop and mall Direct deposit slips and cheques to bank Cheque register Employee/ payroll master file Create current week's Payroll Activity Data Accepted input Review and sign Timesheets completed Direct deposit cheques and deposit slips Verified Signed direct deposit cheques Current weeks Payroll Activity Data Timesheets completed and approved Timesheets (completed and approved) Employee cheques Compare number and total value of cheques Create current weeks pay data Time Card history Sign cheques using cheque signing machine Verified Signed employee payroll cheques Cheque signing machine obtained from cashier Current weeks pay data Payroll reports Signed direct deposit cheques Distribute pay cheques Prepare payroll cheques, deposit slips and reports Signed employee payroll cheques END Signed payroll cheques Payroll cheques deposit slips and reports Verified Signed employee payroll cheques END SECTION C: (8 Marks - Suggested time approx. 30 minutes) This section consists of one systems analysis style question that must be answered. Commence the answer to the question on a new page of the exam booklet. Additional exam booklets are available if needed. A flowchart on page 6 of this paper is the systems/document flowchart of a Payroll System (and associated systems). The flowchart is annotated with 10 points labelled 1 to 10, that 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. Whilst a Control Matrix Template is provided on page 7, to assist those students who wish to use it in the preparation of their answer to part C, DO NOT include the template as part of your answer. Required: For each of the 10 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. (8 MARKS) Data processing Payroll department Operating department supervisor Operating department clerk Employee cashier Timesheets Distribute Start Timesheets Bank employees Payroll reports Timesheets Timesheet (completed) Prepare Timesheets Timesheets (completed and approved) Key time data R card Fill in hours worked Envelop and mall Direct deposit slips and cheques to bank Cheque register Employee/ payroll master file Create current week's Payroll Activity Data Accepted input Review and sign Timesheets completed Direct deposit cheques and deposit slips Verified Signed direct deposit cheques Current weeks Payroll Activity Data Timesheets completed and approved Timesheets (completed and approved) Employee cheques Compare number and total value of cheques Create current weeks pay data Time Card history Sign cheques using cheque signing machine Verified Signed employee payroll cheques Cheque signing machine obtained from cashier Current weeks pay data Payroll reports Signed direct deposit cheques Distribute pay cheques Prepare payroll cheques, deposit slips and reports Signed employee payroll cheques END Signed payroll cheques Payroll cheques deposit slips and reports Verified Signed employee payroll cheques END
