Detective controls include ________.
A) separating the duties of cash collection from the duties of recording cash transactions in the books
B) bank reconciliations (comparing the company's accounting records for cash to its bank statement)
C) limiting access to assets
D) requiring passwords to access the computerized accounting records
Question 2
The account that is debited for the total amount of the gross earnings of all employees for each pay period is
a. Wages and Salaries Expense.
b. Payroll Taxes Expense.
c. Miscellaneous Expense.
d. Withdrawal Expense.
