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Author Question: Direct deposit of employee paychecks is one way an organization can improve efficiency and reduce ... (Read 102 times)

jrubin

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Direct deposit of employee paychecks is one way an organization can improve efficiency and reduce payroll-processing costs. Which statement regarding direct deposit is false?
◦ The cashier does not authorize the transfer of funds from the organization's checking account to a payroll checking account.
◦ The cashier does not have to sign employee paychecks.
◦ Employees who are part of a direct deposit program receive a copy of their paycheck indicating the amount deposited.
◦ Employees who are part of a direct deposit program receive an earnings statement on payday rather than a paper check.


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Marked as best answer by jrubin on Apr 8, 2019

Liamb2179

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