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Author Question: Which of the following control can reduce the distribution of fraudulent paychecks? (Read 26 times)

evelyn o bentley

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on: Apr 8, 2019

Question 1

Why is a separate payroll account used to clear payroll checks?
◦ For internal control purposes, to help limit any exposure to loss by the company.
◦ To make bank reconciliation easier.
◦ To separate payroll and expense checks.
◦ All of these are correct.

Question 2

Which of the following control can reduce the distribution of fraudulent paychecks?
◦ Have internal audit investigate unclaimed paychecks.
◦ Allow department managers to investigate unclaimed paychecks.
◦ Immediately mark "void" across all unclaimed paychecks.
◦ Match up all paychecks with time cards.
Accounting Information Systems ¦ Romney, Steinbart ¦ 14th Edition
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Marked as best answer by evelyn o bentley on Apr 8, 2019

batool

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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.
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evelyn o bentley

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Reply 2 on: Apr 8, 2019
Great answer, keep it coming :)

kishoreddi

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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