Describe the types of application control used for the following data in a payroll system.a. Employee nameb. Employee numberc. Social Security numberd. Rate per hour or salarye. Marital statusf. Number of dependentsg. Cost centerh. Regular hours workedi. Overtime hours workedj. Total employees this payroll period

Q: Performs an analysis of the rules and laws that regulate mandatory discounts and payments that…

A: Payroll Rules: According to the FLSA, people who are subject to its provisions must maintain…

Q: Record payroll for period.

A: Payroll is the list of amount due to each employee in return of services rendered by them. The net…

Q: how is "gross earnings" of $1021.01 derived?

A: Piece rate earnings means wages on the basis of pieces produced.

Q: What is the order of calculation on Quarter-hour method & Hundreth-hour method?  For example: IN…

A: For Payroll Accounting : There are 2 types of calculating. (1) Quarter-hour Method : (a) In this…

Q: The department responsible for approving pay rate changes is a. payroll b. treasurer c. personnel d.…

A: Correct Option is “c”: Personnel. Personnel Department: This department is responsible for the…

Q: Which of the following methods of payroll calculation offers minimum wage standards and overtime…

A: Hourly Rate of Pay:- This method helps in calculating the payroll amount of an employee on an hourly…

Q: Please answer this correctly. Thank you:) 1. Describe the two economic events that occur for…

A: Payroll is the compensation an employer pay to its employees for a set period or on a given date.

Q: n the Illustrative Case in this chapter, payroll transactions for Brookins Company were analyzed,…

A:

Q: As you learned in the previous chapter, Olney Company is a small manufacturing firm located in…

A: In order to determine the OASDI for each employee, the gross earnings are required to be multiplied…

Q: Which one of the following statements about payroll is incorrect – * a. you must record an hourly…

A: ANSWER -  A payroll register is a record of all pay details for employees during a specific pay…

Q: prepare the journal entry to record the employers payroll expenses for the week ended july 15 of the…

A: Workings: The nature of account is expense. so all expenses to be debited.

Q: Using this supplemental information, analyze the flowchart in the diagram. The personnel department…

A:

Q: Employee Filing Status No. of Withholding Allowances Gross Wage or Salary Percentage Method…

A: Solution A Wage is  compensation paid to employees for work for a company during a period of time.

Q: Which of the following is true about employee pay methods? (You may select more than one answer.…

A: Employee’s pay disbursements includes the compensation which he will receive in consideration for…

Q: Required: a) Fill up the payroll sheets provided for the month of March for the current year using…

A: Payroll taxes: Payroll taxes can be defined as the amount of tax collected from the employer and…

Q: Automated Application Controls. The following provides a brief description of the computerized…

A: 1) It should have data entry and formatting control. This control is related to the design of the…

Q: Swenson Company has the following payroll procedures.Identify the payroll function to which each…

A: Payroll function format is not proper, Answer is posted with some understanding.

Q: Question 9: In a journal entry for employee payroll, what type of account is credited to record each…

A: Journal entries indicating the method of recording the business transactions in standard for of…

Q: An important reconciliation in the payroll system is whena. the general ledger department compares…

A:

Q: This problem continues the computing and recording employee payroll for the Olney Company for the…

A: Federal Unemployment Taxes (FUTA) Implementation of Federal Unemployment Taxes (FUTA) at the time of…

Q: The following information about the payroll for the week ended December 30 was obtained from the…

A: Payroll refers to the payment to be made by the employer to the employees for the services rendered…

Q: The payroll business process has four major phases. Which phase does not have a journal entry? a.…

A: The payroll processing entails calculating the employees' "net pay" after all appropriate taxes and…

Q: Employees at the Sagerod Manufacturing Company record their hours worked on paper time cards that…

A: a.

Q: Required: Prepare a journal entry to record the employer's share of payroll deductions. (Round the…

A: To account for employer payroll deductions, respective liability accounts are credited with the…

Q: The following describes the payroll procedures for a hypothetical company.Every Thursday, the…

A: Transaction Process System: Transaction process system refers to as a system designed to process…

Q: Recording payroll Using the earnings data developed in E3-1 and assuming that this was the first…

A: In a year, 52 paychecks are generated by a weekly pay period. Employees who work by the hour are…

Q: 1.Why do the employee deductions display as negative amounts on the Payroll Entry window 2.What are…

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: As you learned in the previous chapter, Kipley Company is a small manufacturing firm located in…

A: The OASDI and HI for each employee is calculated as given below, OASDI is set at 12.4% of gross…

Q: Automated Application Controls: Input Controls. In its automated processing systemover payroll…

A:

Q: Journalize each of the payroll transactions listed below. Post all entries except the last two to…

A: Payroll Journal Entries Payroll journal entries are used to keep a track record of compensation paid…

Q: For each of the following records, indicate the appropriate related file structure: master file,…

A: Master file: The master file provides a permanent record of items and entries. For example, Customer…

Q: 1. Assuming that net pay was directly deposited into the employee's bank accounts, prepare the…

A: Journal entry is made at the time when a business transaction or any other accruals has been…

Q: INPUT VALIDATIONDescribe the types of input edits used for the following data in a payrollsystem. a.…

A: Payroll System: Payroll system is that system which is used by the human resource department in an…

Q: Journal entry Complete the following Prepare the journal entries as of January 12 to record the…

A: Journal entries as of January 12 to record the payroll and the payroll taxes: Date Account…

Q: how do you fill out and complete a payroll register for employees that are paid on a biweekly basis…

A: It is a record for a pay period that contains all the details regarding to "Employee hours worked,…

Q: a) What are the differences between time rate system and piece rate system? b) What do you…

A: a) Piece rate system is a method of wage payment to workers based on the quantity of output produced…

Q: The following totals for the month of June were taken from the payroll register of Arcon Company=

A: Salaries are compensation paid to the administrative level employees of the company. it is an…

Q: irections for Assignment A: eeknet Company's payroll register has the following totals for the…

A: Cash Payment Journal All cash payments (or disbursements) made by the company are recorded in a cash…

Q: From CommisSion Analyst (CA)-GSC (in spreadsheet file): 1. Commissions Report (every 15th of the…

A: Payroll is described as amount which is provided by the employer to the employees. It also includes…