Problem

Excel ProblemEnter the data below into a spreadsheet, and then perform the following tasks...

Excel Problem

Enter the data below into a spreadsheet, and then perform the following tasks:

EMPLOYEE NUMBER

PAY RATE

HOURS WORKED

GROSS PAY

DEDUCTIONS

NET PAY

12355

10.55

38

400.90

125.00

275.90

2178g

11.00

40

440.00

395.00

45.00

24456

95.00

90

8,550.00

145.00

8,405.00

34567

10.00

40

400.00

105.00

505.00

a. Calculate examples of these batch totals:

• A hash total

• A financial total

• A record count


b. Assume the following rules govern normal data:

• Employee numbers are five digits in length and range from 10000 through 99999.

• Maximum pay rate is $25, and minimum is $9.

• Hours worked should never exceed 40.

• Deductions should never exceed 40% of gross pay.

Give a specific example of an error or probable error in the data set that each of the following controls would detect:

• Field check

• Limit check

• Reasonableness test

• Cross-footing balance test


c. Create a control procedure that would prevent, or at least detect, each of the errors in the data set.

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Solutions For Problems in Chapter 10