An important reconciliation in the payroll system is whena. the general ledger department compares the labor distribution summary from cost accounting to the disbursement voucher from accounts payable.b. the personnel department compares the number of employees authorized to receive a pay check to the number of paychecks prepared.c. the production department compares the number of hours reported on job tickets to the number of hours reported on time cards.d. the payroll department compares the labor distribution summary to the hours reported on time cards.
An important reconciliation in the payroll system is whena. the general ledger department compares the labor distribution summary from cost accounting to the disbursement voucher from accounts payable.b. the personnel department compares the number of employees authorized to receive a pay check to the number of paychecks prepared.c. the production department compares the number of hours reported on job tickets to the number of hours reported on time cards.d. the payroll department compares the labor distribution summary to the hours reported on time cards.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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An important reconciliation in the payroll system is when
a. the general ledger department compares the labor distribution summary from cost accounting to the disbursement voucher from accounts payable.
b. the personnel department compares the number of employees authorized to receive a pay check to the number of paychecks prepared.
c. the production department compares the number of hours reported on job tickets to the number of hours reported on time cards.
d. the payroll department compares the labor distribution summary to the hours reported on time cards.
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