The correct answer is:
|
Input |
Output |
Credit transfer forms |
|
x |
Time sheets |
x |
|
Payroll analysis |
|
x |
Pay slips |
|
x |
Rationale: Time sheets are used to calculate hours worked and overtime, in order to calculate gross pay (before deductions). The system information for management (payroll analysis), information for employees (pay slips) and methods of payment (credit transfer forms), are all outputs.
Pitfalls: It is worth sorting out the inputs, processing and outputs of any financial system.