What is the purpose of the payroll accrual entry?

• A.to recognize expenses in the period in which they were incurred
• B.to reverse an entry made in error
• C.to reverse an entry from a previous period
• D.to recognize expenses in the period in which they were paid

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Employee Cindy's employer remits to her payment of $620 in 2009 for substantiated meal expenses she incurred while moving from her old residence to her new work location. How should this reimbursement be reported on Cindy's 2009 federal W-2?

• A.Box 12 only
• B.Box 1 only
• C.Boxes 1, 3, and 5
• D.Boxes 1, 3, 5, and 12

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Which of the following would not be included in the planning stage of a system implementation?

• A.Determining resources needed for the project
• B.Creating a task list
• C.Documenting the new software
• D.Defining the project's goals and objective

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What is the difference between policy and a procedure?

• A.Policies can be overridden; procedures may not
• B.None, they serve the same purpose
• C.Procedures need to be documented; policies do not
• D.Policies are rules; procedures are instructions

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An integrated HRIS offers the advantage of:

• A.Reduced effort in the maintenance of employee records
• B.Enhanced screen display of employee data
• C.Improved security of confidential payroll
• D.Decreased requirements for technical improvements

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