Business, 15.02.2021 15:10 sunshine52577oyeor9
Following is a list of 10 control plans from this chapter (or from earlier chapters and tailored to the HR management and payroll processes of this chapter). Listed next are eight statements describing either the achievement of a control goal (i. e., a process success) or a process deficiency (i. e., a process failure). Write the numbers 1 through 8 on your solution sheet. Next to each item insert one letter from the preceding list indicating the best control to achieve the desired goal or to address the process deficiency described. A letter should be used only once, with two letters left over.
Control Plans
Review of all HR changes for compliance with union and government regulations
Computer calculations of gross pay, deductions, and so on
Preformatted screens
Fidelity bonding
Online data entry of HR/payroll data
Periodic performance reviews
Preformatted HR/payroll screens
Automatic preparation of attendance time sheets for the next pay period (i. e., turnaround documents)
Programmed edits—reasonableness checks
Use of a skills inventory data
Control Goals or Process Deficiencies
Should have prevented a data entry error of keying all hours worked with an extra digit (40 hours entered as 400, 45 hours as 450, and so on)
Helps to achieve efficiency of resource use (i. e., by reducing time needed for data entry) and accuracy of data entry
Should have prevented the organization’s being sanctioned for failure to abide by Equal Employment Opportunity (EEO) guidelines
Should have prevented a data entry error of keying all zeros as the letter o (40 entered as 4o, ID# 3062 entered as 3o62, and so on)
Would not have prevented employee dishonesty, but would have helped the organization “recover” from such dishonesty
Helps in assigning employees to particular jobs
Precludes time card input errors by having certain data preprinted on the attendance time sheet
Helps ensure employee job satisfaction by providing employees with appropriate feedback
Answers: 2
Business, 22.06.2019 14:00
Your dormitory, griffingate, has appointed you central banker of its economy, which deals in the currency of wizcoins. assume that the velocity of wizcoins in griffingate is constant at 10,000 transactions per year. right now, real gdp is 1,000 wizcoins, and there are 2,000 wizcoins in existence.
Answers: 2
Business, 22.06.2019 21:10
Krier industries has just completed its sales forecasts and its marketing department estimates that the company will sell 43,800 units during the upcoming year. in the past, management has maintained inventories of finished goods at approximately 3 months' sales. however, the estimated inventory at the start of the year of the budget period is only 7,300 units. sales occur evenly throughout the year. what is the estimated production level (units) for the first month of the upcoming budget year?
Answers: 3
Business, 22.06.2019 22:50
Total marketing effort is a term used to describe the critical decision factors that affect demand: price, advertising, distribution, and product quality. define the variable x to represent total marketing effort. a typical model that is used to predict demand as a function of total marketing effort is based on the power function: d = axb suppose that a is a positive number. different model forms result from varying the constant b. sketch the graphs of this model for b = 0, b = 1, 0< b< 1, b< 0, and b> 1. (we encourage you to use excel to do this.) what does each model tell you about the relationship between demand and marketing effort? what assumptions are implied? are they reasonable? how would you go about selecting the appropriate model?
Answers: 1
Following is a list of 10 control plans from this chapter (or from earlier chapters and tailored to...
Physics, 04.12.2020 18:20
Mathematics, 04.12.2020 18:20
Geography, 04.12.2020 18:20
Mathematics, 04.12.2020 18:20
Physics, 04.12.2020 18:20
English, 04.12.2020 18:20
Physics, 04.12.2020 18:20
Mathematics, 04.12.2020 18:20