Question 1

Computerized payroll systems have a variety of programs specifically designed for the year-end.

Accepted Answer

A) True 
 B)False

Question 2

Once you have a computerized payroll system in place, manual processing methods may still need to be used to test the system and to deal with any unusual payments the system is unable to handle.

Accepted Answer

A) True 
 B)False

Question 3

Stand-alone systems are generally a good choice when:

Accepted Answer

A)   There is a need to access the system through the intranet or internet
B)   There is a need to share payroll information between many employees at remote locations
C)   There is an need to share information from the payroll records with other systems operated by the employer
D)   The company is very large and owner wants the records to be viewable at the workplace
E)   The payroll administrator is an expert in the system and integration is not important to the employerF) B) and D)
G) A) and D)

Question 4

All suppliers must comply with the basics of Canadian Payroll Administration to ensure the employers meet minimum legislative compliance.

Accepted Answer

A) True 
 B)False

Question 5

The advantages of computerized payroll systems do not include:

Accepted Answer

A)   Minimizing management responsibility
B)   Output files can be created for other uses
C)   The ability to process large amounts of data accurately
D)   Tables for calculation of with-holdings can be included with the software
E)   Input of information can be automated from other systemsF) A) and B)
G) A) and C) A

Question 6

This is not an advantage of using an integrated computer system.

Accepted Answer

A)   Required reports are automatically produced after each pay cycle
B)   Data is usually only entered once and processed as needed
C)   Usually include a Canadian payroll module
D)   The software is normally tested and updates are provided from the supplier
E)   The software is normally provided free of charge and no training is requiredF) A) and B)
G) A) and C)

Question 7

What factors should an employer consider when determining their needs for a new computerized payroll system?

Accepted Answer

The number of employees currently and in the foreseeable future. The complexity of payroll related to;
Number of pay cycles. Types of earnings Deductions allowed.
Number of provinces with employees.
The capability of the payroll administrator.
The degree of integration desired to other company systems, if any. The in-house support capability for the computer system.
The extent to which privacy is a concern.

Question 8

A company with 5 employees and an expert payroll professional must work quickly to create a system needs list and review options for computerized payroll or they will face fines and fees from the Canada Revenue Agency.

Accepted Answer

A) True 
 B)False

Question 9

Any replacement or additional payments processed through manual cheque preparation will be automatically recorded by the payroll processing software.

Accepted Answer

A) True 
 B)False

Question 10

Explain some of the drawbacks associated with using computerized payroll processing.

Accepted Answer

Does not minimize management responsibil...

Question 11

Explain the value an out-sourced payroll service provider can offer to an employer.

Accepted Answer

The provider will:
Ensure all tables and...

Question 12

Out-sources payroll systems are normally available free of charge and require no input from payroll administrators.

Accepted Answer

A) True 
 B)False  False

Question 13

If you do not purchase a payroll processing system, you will not be able to calculate employee pay properly.

Accepted Answer

A) True 
 B)False

Question 14

Manual processing can be enhanced by using electronic spreadsheets that automate the calculation of Federal and Provincial tax deductions.

Accepted Answer

A) True 
 B)False

Question 15

Computer processing choices do not include:

Accepted Answer

A)   Hybrid integrated systems
B)   Hyperactive integrity systems
C)   Integrated management systems
D)   Out-sourced payroll systems
E)   Stand-alone computer systemsF) A) and B)
G) None of the above

Question 16

Employers will often need to change their business processes based on the integrated computer system they have installed.

Accepted Answer

A) True 
 B)False

Question 17

An example of a non-recurring payment to employees that would need to be prepared and approved before processing payroll is:

Accepted Answer

A)   Retroactive wage adjustments
B)   Shift premiums
C)   Weekly sales commissions
D)   Salary
E)   Parking allowanceF) C) and E)
G) C) and D)

Question 18

Purchasing a payroll processing system is a great way to reduce the burden on the payroll administrator as the software provider will assume the responsibility for meeting contractual obligations and legislative compliance.

Accepted Answer

A) True 
 B)False

Question 19

When setting up a new payroll system defaults can be used for many of the common settings to help save time.

Accepted Answer

A) True 
 B)False

Question 20

List 7 important questions that should be addressed when reviewing software options for payroll.

Accepted Answer

What computer equipment is necessary to ...

Exam 9: Computer Processing Choices, Non-Recurring Payments, Integrated Systems, and Software Considerations in Payroll Processing

Computerized payroll systems have a variety of programs specifically designed for the year-end.

Correct Answer
verified

Once you have a computerized payroll system in place, manual processing methods may still need to be used to test the system and to deal with any unusual payments the system is unable to handle.

Correct Answer
verified

Stand-alone systems are generally a good choice when:

Correct Answer
verified

All suppliers must comply with the basics of Canadian Payroll Administration to ensure the employers meet minimum legislative compliance.

Correct Answer
verified

The advantages of computerized payroll systems do not include:

Correct Answer
verified
A

This is not an advantage of using an integrated computer system.

Correct Answer
verified

What factors should an employer consider when determining their needs for a new computerized payroll system?

A company with 5 employees and an expert payroll professional must work quickly to create a system needs list and review options for computerized payroll or they will face fines and fees from the Canada Revenue Agency.

Correct Answer
verified

Any replacement or additional payments processed through manual cheque preparation will be automatically recorded by the payroll processing software.

Correct Answer
verified

Explain some of the drawbacks associated with using computerized payroll processing.

Correct Answer
verified
Does not minimize management responsibil...
View Answer

Explain the value an out-sourced payroll service provider can offer to an employer.

Correct Answer
verified
The provider will:
Ensure all tables and...
View Answer

Out-sources payroll systems are normally available free of charge and require no input from payroll administrators.

Correct Answer
verified
False

If you do not purchase a payroll processing system, you will not be able to calculate employee pay properly.

Correct Answer
verified

Manual processing can be enhanced by using electronic spreadsheets that automate the calculation of Federal and Provincial tax deductions.

Correct Answer
verified

Computer processing choices do not include:

Correct Answer
verified

Employers will often need to change their business processes based on the integrated computer system they have installed.

Correct Answer
verified

An example of a non-recurring payment to employees that would need to be prepared and approved before processing payroll is:

Correct Answer
verified

Purchasing a payroll processing system is a great way to reduce the burden on the payroll administrator as the software provider will assume the responsibility for meeting contractual obligations and legislative compliance.

Correct Answer
verified

When setting up a new payroll system defaults can be used for many of the common settings to help save time.

Correct Answer
verified

List 7 important questions that should be addressed when reviewing software options for payroll.

Correct Answer
verified
What computer equipment is necessary to ...
View Answer

Exam 9: Computer Processing Choices, Non-Recurring Payments, Integrated Systems, and Software Considerations in Payroll Processing

Computerized payroll systems have a variety of programs specifically designed for the year-end.

Correct AnswerverifiedShow Answer

Once you have a computerized payroll system in place, manual processing methods may still need to be used to test the system and to deal with any unusual payments the system is unable to handle.

Correct AnswerverifiedShow Answer

Stand-alone systems are generally a good choice when:

Correct AnswerverifiedShow Answer

All suppliers must comply with the basics of Canadian Payroll Administration to ensure the employers meet minimum legislative compliance.

Correct AnswerverifiedShow Answer

The advantages of computerized payroll systems do not include:

Correct AnswerverifiedA

This is not an advantage of using an integrated computer system.

Correct AnswerverifiedShow Answer

What factors should an employer consider when determining their needs for a new computerized payroll system?

A company with 5 employees and an expert payroll professional must work quickly to create a system needs list and review options for computerized payroll or they will face fines and fees from the Canada Revenue Agency.

Correct AnswerverifiedShow Answer

Any replacement or additional payments processed through manual cheque preparation will be automatically recorded by the payroll processing software.

Correct AnswerverifiedShow Answer

Explain some of the drawbacks associated with using computerized payroll processing.

Correct AnswerverifiedDoes not minimize management responsibil...View AnswerShow Answer

Explain the value an out-sourced payroll service provider can offer to an employer.

Correct AnswerverifiedThe provider will:Ensure all tables and...View AnswerShow Answer

Out-sources payroll systems are normally available free of charge and require no input from payroll administrators.

Correct AnswerverifiedFalse

If you do not purchase a payroll processing system, you will not be able to calculate employee pay properly.

Correct AnswerverifiedShow Answer

Manual processing can be enhanced by using electronic spreadsheets that automate the calculation of Federal and Provincial tax deductions.

Correct AnswerverifiedShow Answer

Computer processing choices do not include:

Correct AnswerverifiedShow Answer

Employers will often need to change their business processes based on the integrated computer system they have installed.

Correct AnswerverifiedShow Answer

An example of a non-recurring payment to employees that would need to be prepared and approved before processing payroll is:

Correct AnswerverifiedShow Answer

Purchasing a payroll processing system is a great way to reduce the burden on the payroll administrator as the software provider will assume the responsibility for meeting contractual obligations and legislative compliance.

Correct AnswerverifiedShow Answer

When setting up a new payroll system defaults can be used for many of the common settings to help save time.

Correct AnswerverifiedShow Answer

List 7 important questions that should be addressed when reviewing software options for payroll.

Correct AnswerverifiedWhat computer equipment is necessary to ...View AnswerShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
A

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Does not minimize management responsibil...
View Answer

Correct Answer
verified
The provider will:
Ensure all tables and...
View Answer

Correct Answer
verified
False

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
What computer equipment is necessary to ...
View Answer