This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A "zero balance check" refers to which of the following control procedures? (Read 27 times)

madam-professor

  • Hero Member
  • *****
  • Posts: 584
on: Apr 8, 2019

Question 1

The purpose of a general ledger payroll clearing account is
◦ to check the accuracy and completeness of payroll recording and its allocation to cost centers.
◦ to make the bank reconciliation easier.
◦ to make sure that all employees are paid correctly each week.
◦ to prevent the cashier from having complete control of the payroll cycle.

Question 2

A "zero balance check" refers to which of the following control procedures?
◦ The ACH clearing account shows a zero balance once all entries are posted.
◦ cross-footing the payroll register
◦ The payroll clearing account shows a zero balance once all entries are posted.
◦ trial balance showing that debits equal credits
Accounting Information Systems ¦ Romney, Steinbart ¦ 14th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by madam-professor on Apr 8, 2019

eliasc0401

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Apr 8, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


madam-professor

  • Hero Member
  • *****
  • Posts: 584
Reply #2 on: Apr 8, 2019
Excellent


eliasc0401

  • Sr. Member
  • ****
  • Posts: 338
Reply #3 on: Apr 8, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Mirror Box Therapy Compared to Mental Visualization and a Control Condition Mirror Box Therapy Compared to Mental Visualization and a Control Condition
A vane phaser is used to move the camshaft using changes of oil pressure from the oil control valve. A vane phaser is used to move the camshaft using changes of oil pressure from the oil control valve.
A tester that uses a blue liquid to check for exhaust gases in the exhaust, which would indicate a ... A tester that uses a blue liquid to check for exhaust gases in the exhaust, which would indicate a ...
This Toyota cap has a warning—the check engine light will come on if not tightened until one ... This Toyota cap has a warning—the check engine light will come on if not tightened until one ...
The Romberg test for balance The Romberg test for balance
Comparison of Control by the Nervous and Endocrine Systems Comparison of Control by the Nervous and Endocrine Systems
Video: Oxygen - hemoglobin dissociation curve & Hemoglobin's affinity with oxygen - acidity

For a complete list of videos, visit our video library