What internal procedure(s) would be most effective in preventing an inadvertent data entry error keyed from the time card which overstates actual hours worked from 5 hours to 7 hours? (For these first 3 questions, remember what I wrote when they appeared as questions on the HRMPR chapter. Instructor's note. in case a question like this might appear on the test and there's a very good chance of that: Do not answer "integrity controls" because that is too general and vague. Answer specifically for the error/fraud being asked about. Also, preventive controls are better than corrective or detective oneAlso, automated controls are more reliable than having an additional human double-check the work.)
Answer:-
·Have the personnel department maintain a hash total of employee wage rates
·Check hash total against payroll master file total after each update.
·Test the reasonableness of wage rate changes during data entry to detect large errors.
·Have supervisors review departmental payroll expenses as a way of detecting these kinds of problems.
What internal procedure(s) would be most effective in preventing an inadvertent data entry error keyed from the time card which overstates actual hours worked from 5 hours to 7 hours
What internal control procedure(s) would be most effective in preventing the following errors or fraudulent acts? a) An inadvertent data entry error caused an employee’s wage rate to be overstated in the payroll master file. b) A fictitious employee payroll record was added to the payroll master file. c) During data entry, the hours worked on an employee’s time card for one day were accidentally entered as 80 hours, instead of 8 hours. d) A computer operator used an online...