Which of the Following Would Not Appear in a HIPO

question 48

Multiple Choice

Which of the following would not appear in a HIPO chart of a payroll system?

• A) Data preparation
• B) Calculate gross pay
• C) Payroll master file
• D) Look up authorized deductions

Recognize the role of embedded computers and how they improve safety and convenience in various devices.

Identify various technologies such as augmented reality, virtual reality, and their applications.

Develop knowledge about internet research techniques and how to refine searches for better results.

Understand the progression and evolution of computer components and technology.

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Definitions:

Market Rate

The prevailing interest rate available in the marketplace for loans, savings, and investments, also reflecting the cost of borrowing money.

Weighted Average Cost

The calculation that takes into account the varying costs of goods and the quantity of each, to determine an average cost.

Preferred Stock

A class of stock that typically has a priority claim on dividends and assets in the event of liquidation over common stock.

Yield

The income return on an investment, such as the interest or dividends received, expressed as an annual percentage of the investment’s cost.