Points that should not be missed: I. Introduction 2. Business Activities in the Human Resource/payroll Lycle 3. Information processing Procedures in the Human Resource/payroll cycle( The data flows):- Methods used to collect, store and process data in a Human Resource/payroll cycle (illustrate using selected companies as an example) 4. Internal control and asset safeguarding in Human Resource /payroll cycle 5. Information needs in a Human Resource/payroll cycle 6. Summary

The points that should not be missed in the Human Resource/payroll cycle are:<br /><br />1. Introduction: This section provides an overview of the Human Resource/payroll cycle, its importance, and its role in the organization.<br /><br />2. Business Activities in the Human Resource/payroll cycle: This section discusses the various business activities involved in the Human Resource/payroll cycle, such as recruitment, onboarding, performance management, compensation, and benefits administration.<br /><br />3. Information processing Procedures in the Human Resource/payroll cycle (The data flows): This section explains the methods used to collect, store, and process data in the Human Resource/payroll cycle. It also provides examples of companies that have successfully implemented these procedures.<br /><br />4. Internal control and asset safeguarding in Human Resource/payroll cycle: This section highlights the importance of internal controls and asset safeguarding in the Human Resource/payroll cycle. It discusses the measures that can be taken to prevent fraud, errors, and other irregularities.<br /><br />5. Information needs in a Human Resource/payroll cycle: This section identifies the information needs of various stakeholders in the Human Resource/payroll cycle, such as HR managers, payroll administrators, and employees. It discusses the types of information required for effective decision-making and compliance.<br /><br />6. Summary: This section provides a brief summary of the key points discussed in the Human Resource/payroll cycle and emphasizes the importance of effective management of this cycle for the overall success of the organization.