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 109 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?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

The endocrine control of spermatogenesis. The endocrine control of spermatogenesis.
X-Ray Procedures Requiring Special Preparations X-Ray Procedures Requiring Special Preparations
EGT 1 and EGT 2 are used by the PCM to help control after treatment. EGT 1 and EGT 2 are used by the PCM to help control after treatment.
Double-check for any oil or vacuum leaks after starting the engine. Double-check for any oil or vacuum leaks after starting the engine.
When checking a coil-on-plug (COP) assembly, check that the primary and secondary wiring looks ... When checking a coil-on-plug (COP) assembly, check that the primary and secondary wiring looks ...
People with Huntington disease develop problems with neuromuscular control and gradually lose the us People with Huntington disease develop problems with neuromuscular control and gradually lose the us
Video: Diversity of Living Creatures - Charles Darwin & the Beagle's Voyage

For a complete list of videos, visit our video library