The following ten items describe positions or departments related to procurement and human resource business processes. Listed below are ten positions or departments:
A. Cash disbursements
B. Paymaster
C. Purchasing
D. Receiving
E. Accounts Payable
F. Payroll
G. Personnel
H. Timekeeping
I. Internal audit
J. Stores
Required: Next to each number, write the letter of the answer representing the department or position described.
________ 1. Has authority to request the purchase of needed items
________ 2. Prepares a control total of checks paid and sends it to general ledger
________ 3. Reconciles bank statements
________ 4. Performs final matching of documents to authorize payments
________ 5. Computes gross pay, deductions, and net pay
________ 6. Counts and inspects incoming goods
________ 7. Has responsibility for distributing employee payroll checks
________ 8. Maintains clock cards and reconciles them to job time summary sheets
________ 9. Authorizes new employees and their pay rates and payroll deductions
________ 10. Frequently uses request-for-quotation forms to obtain bids
What will be an ideal response?
Answer: 1. J, 2. A, 3. I, 4. E, 5. F, 6. D, 7. B, 8. H, 9. G, 10. C
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