Page 3 - Chapter 13 - The Payroll And Personnel Cycle

THE PAYROLL AND PERSONNEL CYCLE

OBJECTIVE OF THE TOPIC

• Chapter seeks to assist students in understanding

how the payroll and personnel cycle functions.

• Systems vary considerably and therefore students

must apply their minds to different systems.

• Particular attention need to be given to

computerised systems.

• Usually major expense for most companies, may

involve cash, is susceptible to fraud.

• Computers do not change what is required of the

system, but how tasks are carried out.

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