Perpetua Holguin is a payroll accountant for Marore Industries. She is asked to explain the differences between manual and computerized accounting practices. What differences should she highlight in her explanation?
What will be an ideal response?
Manual payroll accounting, while less expensive than computerized accounting in terms of the hardware and software requirements, is unsuitable for firms with multiple employees because of accuracy and time demands. Computerized accounting requires additional up-front investment in hardware, software, and training, but the accuracy and reduction in time needed to complete payroll tasks is beneficial to companies with multiple employees.
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Cascading goals being _____ and "cascade" to
A. short-term goals; long-term goals. B. with customers; employees. C. with the accounting/finance department; the shop floor. D. with customer-service representatives; upper-level management. E. at the top of the organization; individual employees.
Kimberly, the owner of Littleton Cinema, trusts Max to manage the theater's daily cash flow. One night, without Kimberly's knowledge or consent, Max takes and keeps $1,000 from the receipts. This is most likely
a. embezzlement. b. larceny. c. robbery. d. burglary.
Sales Taxes Payable is credited when companies collect taxes from customers.
Answer the following statement true (T) or false (F)
The following query on table VEHICLE will return two numbers:SELECT COUNT(*) from vehicle GROUP BY ownername HAVING COUNT(*) > 1;
Indicate whether the statement is true or false