Examlex

Solved

Assume That the Accounts Payable Department of a Company Has

question 114

Essay

Assume that the accounts payable department of a company has 10 clerks; each one is paid $25,000 per year ($250,000 total clerical salaries).Six of the clerks spend the following percentages of time on the three activities:
20% of their time on processing payments
30% of their time matching invoices,receiving documents,and billing statement
50% of their time correcting errors in the various documents
One clerk,the head clerk,spends 50% of her time on administrative duties,and the remainder on error correction.The remaining three clerks spend 30% of their time on processing payments and the remaining 70% of their time on matching documents.
Long distance telephone costs of $1,700 are directly traced to the activity "correcting errors."
Assume that the accounts payable department of a company has 10 clerks; each one is paid $25,000 per year ($250,000 total clerical salaries).Six of the clerks spend the following percentages of time on the three activities: 20% of their time on processing payments 30% of their time matching invoices,receiving documents,and billing statement 50% of their time correcting errors in the various documents One clerk,the head clerk,spends 50% of her time on administrative duties,and the remainder on error correction.The remaining three clerks spend 30% of their time on processing payments and the remaining 70% of their time on matching documents. Long distance telephone costs of $1,700 are directly traced to the activity  correcting errors.


Definitions:

Hours Worked

Describes the total amount of time an employee or worker spends performing their job duties within a specified period.

Data Member

Variables that hold the data specific to an object and are defined inside a class in object-oriented programming.

Java.awt

A package in Java that contains classes for creating and managing graphical user interfaces and painting graphics and images.

GUI Program

Software applications that use a graphical user interface for interaction with the user, allowing for more intuitive control and data manipulation.

Related Questions