Identify the major threats in the HRM/payroll cycle and evaluate the adequacy of various internal control procedures for dealing with them.

1. Describe the major business activities and related information processing
operations performed in the human resources management (HRM)/payroll
cycle.
2. Discuss the key decisions to be made in the HRM/payroll cycle and identify
the information needed to make those decisions.
3. Identify the major threats in the HRM/payroll cycle and evaluate the
adequacy of various internal control procedures for dealing with them.