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36. The typical AP/CD process would capture and record data related to the day-to-day operations of all of the following departments except: A. shipping B. cashier C. receiving D. activities for all of the above are captured and recorded by the AP/CD process. 37. Which of the following is least likely to report (either.
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94. Systems that allow employees to access their personnel information and business-related information and functions are known as human resources ______________________________. 95. The HR and payroll processes share data in the ______________________________ master data. 96. The ______________________________ data maintains data concerning an organization's short-term and long-term staffing requirements. 97. The.
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139. The following is a list of 12 control plans. Control Plans A. Populate input screens with master data G. Approve purchase orders B. Programmed edit checks H. Confirm purchase order to requesting department C. Approve purchase requisitions I. Digital signatures D. Requisition audit data J. Enter receipt data in receiving department E. Use authorized vendor data K. Independent authorization to record receipt F. Compare vendors for prices, terms, quality, and product availability L. Inspect goods Required:Listed.
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46. Which of the following is false regarding the payroll process? A. it supports the repetitive work routines of the payroll department B. because payroll is a key competency, it typically does not make sense to outsource this process C. it maintains data for payroll taxes and fringe benefits D. moving from bi-weekly.
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78. The ______________________________ department is responsible for processing vendor invoices, preparing disbursement vouchers, and recording purchase and disbursement transactions. 79. The notification of an obligation to pay a vendor for merchandise that was ordered and received is known as a(n) ______________________________. 80. In an AP/CD process, a frequent exception routine.
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138. TB Figure 12.9 is the control matrix for the purchasing process presented in Chapter 12 with certain items omitted. In the matrix, each omission is indicated by a square. Jumbled lists of the omitted items are as follows: Omitted from Control Goals Columns 1. Inventory and vendor and purchase order master data 2. Ensure security.
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114. Below is a narrative for the "Make payment" portion (bubble 2.0) of the accounts payable/cash disbursements process described in Chapter 13.Narrative DescriptionThe payment process begins with the periodic preparation of a list of payments that might be made at this time (bubble 2.1). The selection of items for this list.
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108. Documents requiring approval, such as a purchase requisition, may be routed for electronic approval using ______________________________ software. 109. Purchasing personnel use the ______________________________ data to identify potential suppliers that have been approved for use by the organization. 110. A(n) ______________________________ copy of a document is one in which selected.
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11. The vendor invoice triggers the "establish payable" process. 12. The vendor sends a confirmation to establish the payable. 13. A disbursement voucher is designed to reflect formal approval of the voucher for payment and to provide such added data as the account distribution and the amounts to be debited..
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98. In the ER diagram of the AP/CD process, VALID_INVOICES are received from the ______________________________. 99. In a relational table for PURCHASE_RECEIPTS, the primary key would be the ______________________________. 100. In a relational table for VALID_INVOICES, the primary key would be the ______________________________. 101. Fraud abuses in the AP/CD process.
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112. The figure below shows a portion of the horizontal perspective of an accounts payable/cash disbursements (AP/CD) process. The following functional titles (for the AP/CD process organizational structures and the entities with which the AP/CD process interacts) and information flows, depicted as documents, generated or captured by the AP/CD process, have.
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113. Below is a narrative of the "Establish payable" portion (bubble 1.0) of the AP/CD process described in Chapter 13.Narrative DescriptionThe first step in establishing the payable involves validating the vendor invoice. This process is triggered by receipt of the vendor invoice. Process 1.1 comprises a number of steps. First, the.
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88. The Level 0 diagram of the AP/CD Process contains the two process bubbles of ______________________________ and ______________________________. 89. The vendor sends a(n) ______________________________ to notify the purchaser of an obligation to pay for goods or services ordered by and shipped to the purchaser. 90. The ______________________________ triggers the "establish.
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36. The process of preparing paychecks for hourly employees is triggered by which of the following data flows? A. validated attendance time cards B. job time tickets C. a temporal event D. employee paychecks 37. Information for distributing labor charges to jobs, departments, or other accounts comes primarily from: A. attendance time cards B. job.
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135. Below is a narrative of the "Order goods and services" portion (bubble 2.0) of the purchasing process described in Chapter 12.Narrative DescriptionThe first process involves vendor selection (bubble 2.1). A buyer generally consults the vendor master data to identify potential suppliers that have been approved for use by the organization.
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56. Which disbursement system most easily facilitates paying a number of invoices with a single check? A. nonvoucher system B. voucher system C. balance-forward system D. open-items system 57. Which of the following activities would not occur when an inventory manager decides to return merchandise to a vendor? A. the accounts payable department is.
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116. TB Figure 13.9 is the control matrix for the accounts payable/cash disbursements process presented in Chapter 13, but with certain items omitted. In the matrix, each omission is indicated by a box. Jumbled lists of the omitted items are as follows: Omitted from Control Goals Columns 1. Cash, Accounts payable master data 5. Vendor invoice.
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134. Below is a narrative of the "Determine Requirements" portion (bubble 1.0) of the purchasing process described in Chapter 12.Narrative DescriptionBubble 1.1 receives and stores the requests received from the inventory-management process (inventory's purchase requisition) and various departments (purchase requisition¾goods and services).At predetermined intervals, bubble 1.2 accesses the accumulated requests held.
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115. Below is a narrative for the "Make payment" portion (bubble 2.0) of the accounts payable/cash disbursements process described in Chapter 13.Narrative DescriptionThe payment process begins with the periodic preparation of a list of payments that might be made at this time (bubble 2.1). The selection of items for this list.
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84. In some organizations, employees "punch" in and out of work by swiping an employee identification card through or by a(n) ______________________________. 85. ______________________________ reflect(s) the start and stop times on specific jobs to allow the distribution of payroll costs to jobs in process (or to other accounts). 86. ______________________________.
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1. Production systems facilitate integration of all aspects of product design, manufacturing, and marketing processes. 2. Product lifecycle management (PLM) systems are ERP modules or enterprise system add-ons that organize data by product, including designs, manufacturing specifications, quality, and warranty performance. 3. Cycle time is the time it takes from.
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88. As used in the purchasing process chapter, the term ______________________________ refers to raw materials, merchandise, supplies, fixed assets, or intangible assets. 89. The ______________________________ manager usually performs major buying activities as well as the required administrative duties of running a department. 90. The ______________________________ supervisor is responsible for receiving.
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117. The flowchart below is the accounts payable/cash disbursements process presented in Chapter 13, but with certain items omitted. In the flowchart, each omission is indicated by a capital letter (A through I). Jumbled lists of the omitted items are as follows: 1. Compare incoming invoices to PO and receiving report data and.
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137. Below is a narrative describing the "Receive goods and services" portion (bubble 3.0) of the purchasing process described in Chapter 12.Narrative DescriptionThe vendor packing slip, which accompanies the purchased inventory from the vendor and identifies the shipment, triggers the receiving process. As indicated by bubble 3.1 of the figure, goods.
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11. Global competition and the enormous buying power of "mega-retailers", many companies have been forced to move operations across their value chains throughout the globe to reduce costs. 12. The computer technology application that automates the product design process, including but not limited to the functions of geometric modeling, materials.
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140. TB Figure 12.11 is a partial flowchart for the purchasing process. There are selected symbols that must be filled in to complete the flowchart. Fill in the items with missing labels using a letter from A to J. A. Enter approval (for PO) B. Enterprise database C. Enter requisition data D. Exception routine not shown E. Requisition approval screen F. Enter approval.
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128. Before executing a purchase, buyers should compare vendors for favorable prices, ______________________________, quality and ______________________________to determine that they have made an optimal choice for the purchase. 129. Management should exercise the control plan of ______________________________ to ensure that an appropriate supplier has been selected and that the correct goods.
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104. The ______________________________ master data is the central repository of data about people who work for the organization. 105. The employee wage and tax statement is known as a(n) ______________________________. 106. Annuities, pensions, and retirement pay are reported on Form ______________________________. 107. Wages taxable under FICA are reported on Form.
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66. Payroll processing is typically conducted in: A. immediate mode B. periodic mode C. batches D. both b and c 67. Payroll tax reports are initially remitted to: A. government agencies B. the bank C. the general ledger process D. the cashier 68. Updates of the tax rates data are stored in: A. tax rates data B. employee/payroll master.
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118. Below is a narrative for the "Pay employees" portion (bubble 4.0) of the payroll process described in Chapter 14.Narrative DescriptionValidated attendance time records initiate the payment to workers in process 4.0 (Pay employees). In calculating employees' gross and net pay, Process 4.1 (Prepare paychecks) retrieves data from both the employee/payroll.
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120. Assume you are working with a payroll application that produces weekly paychecks, including paystubs. Listed below are 20 data elements that appear on the paycheck/paystub. Data Elements Number Description 1. Employee identification number 2. Social security number 3. Employee name 4. Employee address 5. Regular hours worked 6. Overtime hours worked 7. Pay rate classification 8. Hourly pay rate 9. Regular earnings 10. Overtime earnings 11. Total earnings 12. Deduction for federal income tax 13. Deduction for state income.
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119. Below is a narrative for the "Pay employees" portion (bubble 4.0) of the payroll process described in Chapter 14.Narrative DescriptionValidated attendance time records initiate the payment to workers in process 4.0 (Pay employees). In calculating employees' gross and net pay, Process 4.1 (Prepare paychecks) retrieves data from both the employee/payroll.
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98. With ______________________________ a vendor obtains a buyer's current sales, demand, and inventory data in real time and replenishes the buyer's inventory. 99. ______________________________ features collaborative processes across the supply chain using a set of processes and technology models. 100. A retailer could misread a demand signal doubling its normal.
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1. The cashier is responsible for processing vendor invoices, preparing payment vouchers, and recording purchase and disbursement transactions. 2. The notification of an obligation to pay a vendor for merchandise that was ordered and received is known as a purchase order. 3. A true voucher system requires that all expenditures.
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141. TB Figure 12.13 is the annotated systems flowchart for the purchasing process. TB Figure 12.14 is the related control matrix. Following the control matrix is a description of the first control plan, P-1.Required:Using the format shown for control plan P-1, write descriptions for control plans P-2 through P-6. Control goals of.
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11. The manager of safety, health services and benefits has key functions that include plans and forecasts of an organization's short-term and long-term HR needs. 12. Systems that allow employees to access their personnel information and related functions are known as human resources self-service systems. 13. Data in the employee/payroll.
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118. The ______________________________ is the primary key for relational table for vendors. 119. ______________________________ tags identify an instance of an item, not just an item type (e.g., this box of Huggies, not any box of Huggies). 120. An employee has a(n) ______________________________ when he (she) has a financial interest (direct.
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76. The payroll register is used to: A. record time worked B. record hours worked on specific jobs C. prepare a payroll disbursement voucher D. prepare and disburse employee paychecks 77. The approved payroll disbursement voucher is used to: A. record time worked B. record hours worked on specific jobs C. prepare and disburse employee paychecks D..
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136. Below is a narrative describing the "Receive goods and services" portion (bubble 3.0) of the purchasing process described in Chapter 12.Narrative DescriptionThe vendor packing slip, which accompanies the purchased inventory from the vendor and identifies the shipment, triggers the receiving process. As indicated by bubble 3.1 of the figure, goods.
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118. The following is a list of 10 control plans. Control Plans A. Independent validation of vendor invoices F. Match invoices, POs, and receiving reports B. Tickler file of payments due G. Reconcile input-output batch totals C. Preformatted screens H. Digital signatures D. Tickler file of open POs and receiving reports I. Independent authorization to make payment E. Cash planning report J. Reconcile bank account Required:Listed below are ten system failures that indicate.
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117. TB Figure 14.1 is a Level 0 DFD of a payroll process with several labels omitted. Listed below is a numbered, alphabetical list of the omitted items. Omitted Labels 1. Accrue liabilities 7. GL employer tax accrual update 2. Attendance time records 8. GL tax deposit update 3. Bank 9. Government agencies 4. Distribute labor costs 10. Pay employees 5. Employee/payroll master data 11. Perform data maintenance 6. General ledger process 12. Validated job time.
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21. In a relational table for VALID_INVOICES, the primary key would be the vendor number. 22. In the flowchart for the AP/DC process the symbol below represents the enterprise database. 23. Fraud abuses in the AP/CD process usually entail creating phony customers or submitting fictitious purchase orders. 24. Independent validation of.
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21. The general ledger supervisor is in charge of payroll preparation. 22. The cashier is in charge of payroll check disbursement. 23. The trigger for the payroll process "pay employees" is the payroll register. 24. The data flow between "prepare paychecks" and "prepare disbursement voucher" is the payroll register. 25..
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121. The following is a list of 10 control plans. Control Plans A. Independent paycheck distribution F. Payroll service bureau B. Reconcile bank account G. Payroll clearing account C. Tickler file of employees due for periodic performance reviews. H. Reconcile run-to-run totals D. Reconcile attendance time data and attendance time data I. Approve job time data E. Electronic time management system J. HR self-service system Required:Listed below are ten system failures that indicate.
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56. In an HR management process, needs requests, supervisor review, employee termination, and employee requests are approved by: A. various departments B. Employees C. Computer D. HR department 57. Payroll reports may be provided to all of the following except: A. Unions B. Employees C. Government D. Customers 58. Which of the following data stores is updated when.
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21. Computer-aided manufacturing (CAM) is the application of computer and communications technology to improve productivity by linking computer numerical control (CNC) machines, monitoring production, and providing automatic feedback to control operations. 22. Computer-aided process planning (CAPP) is an automated decision support system that generates manufacturing operations instructions and routings based.
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