Question 1
To minimize the opportunity for fraud, unclaimed salary checks should be
◦ redeposited.
◦ kept in the payroll department.
◦ left with the employee's supervisor.
◦ held for the employee in the personnel department.
Question 2
Verifying that an adequate chart of accounts is used is a key internal control for the transaction-related objective of
◦ classification.
◦ accuracy.
◦ existence.
◦ occurrence.