Examen
Aue2602 Assignment 7 Semester 1 2024
- Grado
- Institución
The document contains Assignment question Together with answers Distinction Guaranteed 100% multiple Attempts done Whtsapp
[Mostrar más]Vista previa 4 fuera de 242 páginas
Vista previa 4 fuera de 242 páginas
Añadir al carrito
Añadir al carrito
1 revisar
Por: brianmmutale • 3 meses hace
Vendedor
Seguir
SmartTutors
Comentarios recibidos
Vista previa del contenido
Assessment 7 (page 1 of 15) https://cas.myexams.unisa.ac.za/mod/quiz/attempt.php?attempt=210 Dashboard Calendar
Time left 1:22:32
Question 1 / My courses / AUE2602-24-S1 / Welcome Message / Assessment 7
Dashboard
Not yet answered
Marked out of 2
You obtain the following payroll information from the payroll manager. The payroll system has been set up to account for the standard
hours in accordance with the employment contract. Fuel attendants who work additional hours are required to complete an overtime
form which is sent to the payroll department weekly for capturing by Mr Diesel, the payroll clerk. The system automatically calculates
the gross and nett wages along with the relevant deductions. These calculations are not reviewed.
Which one of the following risks will be a consequence of the fact that the wage calculations are not reviewed?
Select one:
a. Unauthorised access to the payroll system.
b. The hours on the system may be incorrect.
c. Risk of unauthorised hours worked.
d. Personnel costs may be overstated.
Clear my choice
Question 2
Not yet answered
Marked out of 2
The activities below all represent control weaknesses in the system. Which one of these weaknesses is due to management overriding
the controls?
Select one:
a. The finance manager prepares the schedule of payments monthly and approves the payment on the bank’s EFT software.
b. The chief financial officer has write access to the masterfile as well as approval to make masterfile amendments.
c. The purchasing manager does not check supplier invoices against the purchase orders prior to approving the invoices.
d. The warehouse manager does not check the condition of goods received prior to acknowledging receipt of the goods in the
warehouse.
Clear my choice
2 of 3 2024/05/27, 12
,Assessment 7 (page 1 of 15) https://cas.myexams.unisa.ac.za/mod/quiz/attempt.php?attempt=210
Jump to...
Dashboard Calendar
Dashboard / My courses / AUE2602-24-S1 / Welcome Message / Assessment 7
3 of 3 2024/05/27, 12
,Assessment 7 (page 2 of 15) https://cas.myexams.unisa.ac.za/mod/quiz/attempt.php?attempt=210
Dashboard Calendar
Time left 1:15:15
Question 3 / My courses / AUE2602-24-S1 / Welcome Message / Assessment 7
Dashboard
Not yet answered
Marked out of 2
Which one of the following application controls is an example of a sequence check?
Select one:
a. The creditors masterfile is amended by the creditors clerk after logging in with his/her username and password.
b. The creditors clerk will have to type in the supplier’s 10-digit account number in order to record transactions on the supplier’s
account in the creditors masterfile.
c. The system will not allow a purchase order to proceed for authorisation unless the quantity order field is completed.
d. The masterfile amendment forms are checked against the log to identify any missing forms.
Clear my choice
Question 4
Not yet answered
Marked out of 2
Starlight Wholesalers Ltd is a manufacturer of branded sneakers for retail stores. The audit senior has requested that you attend the
year-end inventory count.
At the year-end inventory count you observe that the warehouse controller walks through the warehouse and inspects that all sections
are counted. He further selects items at random for counting and supervises count teams recounting items where there are
discrepancies.
Which one of the following statements reflects the most correct impact of the above-mentioned observation on the inventory count?
Select one:
a. The warehouse controller can be confident that all count sheets were accurately completed.
b. The warehouse controller can be confident that any differences from the physical count and perpetual records are due to theft.
c. The warehouse controller can be confident that all items of inventory in the warehouse were counted and exists.
d. The warehouse controller can be confident that the damaged or obsolete inventory has been identified.
Clear my choice
2 of 3 2024/05/27, 12
,Assessment 7 (page 3 of 15) https://cas.myexams.unisa.ac.za/mod/quiz/attempt.php?attempt=210
Dashboard Calendar
Dashboard / My courses / AUE2602-24-S1 / Welcome Message / Assessment 7
Time left 1:11:06
Question 5
Not yet answered
Marked out of 2
You obtain the following payroll information from the payroll manager. The overtime report is run by Mrs Thabane, the payroll
administrator, and sent to the service station manager for authorisation if overtime hours exceed 25% of standard hours. Mr Ram, the
payroll manager, analyses the payroll of each service station on a monthly basis and prepares a variance report for the finance manager,
Ms Nkosi.
Choose the option below that will best complete the following sentence: The overtime report is sent to the station manager for
authorisation only when the overtime hours exceed 25% of standard hours. This can be considered a …
Select one:
a. risk in the system
b. test of control in the system
c. control deficiency in the system
d. control activity in the system
Clear my choice
1 of 2 2024/05/27, 12
Los beneficios de comprar resúmenes en Stuvia estan en línea:
Garantiza la calidad de los comentarios
Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!
Compra fácil y rápido
Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.
Enfócate en lo más importante
Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable. Así llegas a la conclusión rapidamente!
Preguntas frecuentes
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
100% de satisfacción garantizada: ¿Cómo funciona?
Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller SmartTutors. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for 4,49 €. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
45,681 summaries were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now