Explain the difference in employee background

Assignment Help Accounting Basics
Reference no: EM132728903

Question: a) In Chapter 9 (Week 9 Tutorial) we discussed the integration of the Human Resource Management and Payroll databases. In particular, we discussed different benefits of this integration in the Week 9 Tutorials.

Some companies believe in the integration of HRM and Payroll systems. However, many firms do not agree with this integration. These companies maintain separate HRM information systems and Payroll.

Required: Discuss both arguments. For this discussion, think in terms of (1) difference in employee background, and (2) functions performed by the HRM and payroll departments.

b) Mr Peter is the treasurer of a small charity and you asked him to explain the business activities and data processing operations involved in the payroll cycle of the charity. During this discussion, Peter explained that the charity is not using a separate cheque account to manage their Payroll due to the extra monthly services fee. Peter further explained that the benefits of a separate cheque account are not worth the additional fee.

Required: As a student of accounting information systems, how would you respond to Peter?

Reference no: EM132728903

Questions Cloud

Shareholders value theory : Analyze concepts and scholarly perspectives related to your specific finance theory.
Searching for job in finance-accounting or business : Imagine you have completed your Finance degree and you are searching for a job in finance, accounting, or business.
Cultural assumptions and decision making : Did group members differentiate facts from opinions? How was this accomplished?
What is the annual sales amount : The Barge Manufacturing Company projected a year end Net income of $80,000. The net income represented 15% of the projected annual sales. what are Barge's.
Explain the difference in employee background : In Chapter 9 (Week 9 Tutorial) we discussed the integration of the Human Resource Management and Payroll databases. In particular, we discussed different.
Determine the balance of the allowance for doubtful debts : On 1st July 2020, Scholastic Ltd had Accounts Receivable of $37,500 and Allowance for Bad Debts of $1,800 Cr. During the month of July, Scholastic incurred the.
List the key factors that your audit firm should consider : List the key factors that your audit firm should consider before accepting to conduct this audit. Determine the inherent and control risks for OTG's accounting.
What is the total amount of stockholders equity : At the end of 2018, what is the total amount of stockholders' equity? You must show your calculations to receive full credit for this problem.
What can be significant influence on associate companies : What can be significant influence on associate companies and how would we identify them? The response must be typed, double spaced, times new roman.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Define requirements of the revenue recognition principle

Expense recognition: Expense is recognized in the period in which related revenue is recognized (this is also known as the Matching Principle).

  What is the primary motive for short selling

What is the primary motive for short selling? Describe the basic short-sale procedure. Why must the short seller make an initial equity deposit?

  An investment project has annual cash inflows of 8200 8600

an investment project has annual cash inflows of 8200 8600 8800 and 7600 and a discount rate of 7 percent.what is the

  Helen needs materials for her building business she

helen needs materials for her building business. she estimates her usage for the next four month will be 62700 in

  Determine Haley total income tax deduction

Question - Haley lives in Alberta and earns $1,428.00 semi-monthly. Determine Haley's total income tax deduction

  Calculate cost of goods sold and ending inventory

Assume that Cushing, Inc., uses a periodic inventory system. Calculate cost of goods sold and ending inventory under FIFO and LIFO

  Should sue pay invoice within the discount period and why

Sue Cole, Should Sue pay the invoice within the discount period or should she keep the $7,200 in the savings account and pay at the end of the credit period?

  Ealuate the arguments presented by arton and yount what

developing and using a predetermined overhead rate high-low cost estimationfor years daytona parts company has used an

  What is the company inventory turnover ratio

The company's accounts receivable equal $100 million and its balance sheet shows inventory equal to $125 million. What is the company's inventory turnover ratio

  Maintaining current market share and profitability

Calculate the target cost for maintaining current market share and profitability.

  Landry financial performance

Based on your analysis, what does this tell you of Landry's financial performance (consider the changes between years)?

  Should Electric Scooter make the headlights in-house

Electric Scooter Co. makes motorized scooters for city commuters. Should Electric Scooter make the headlights in-house

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd