What term describes the normal balance of a liability account?

• A.Payable
• B.Debit
• C.Credit
• D.Accrual

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All of the following data points on the payroll register are used when reconciling the general ledger EXCEPT:

• A.Net pay
• B.Tax liability
• C.Gross wages
• D.Accrued vacation

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Choose the statement that represents the best implementation of internal control:

• A.Supervisors input increases and new hires to the payroll master file
• B.Payroll master file changes are reviewed by human resources
• C.Payroll computes cost-of-living increases for employees
• D.The bank is instructed to send canceled checks directly to the payroll manager

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A credit balance in a tax liability account at quarter end means that:

• A.A refund is due from the IRS
• B.All tax withholding was not remitted
• C.An estimated tax deposit was made
• D.The employer is a monthly depositor

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Which of the following is not a by-product of documentation?

• A.Reference material
• B.Consistency
• C.Simplified training
• D.Firewall violation prevention

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