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Author Question: A "zero balance check" refers to which of the following control procedures? (Read 92 times)

madam-professor

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

eliasc0401

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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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madam-professor

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Reply #2 on: Apr 8, 2019
Excellent


eliasc0401

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Reply #3 on: Apr 8, 2019
Great! Please up vote :D


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