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 106 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?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Relatively simple changes in Hox genes control limb formation in tetrapods. Relatively simple changes in Hox genes control limb formation in tetrapods.
Example of a voucher check. Example of a voucher check.
Preparing the Patient’s Skin for Surgical Procedures Preparing the Patient’s Skin for Surgical Procedures
Use the test light to check for voltage at terminal 30 of the relay. The ignition may have to be in ... Use the test light to check for voltage at terminal 30 of the relay. The ignition may have to be in ...
Control of Homeostasis Control of Homeostasis
Vascular Distribution and Control of Circulation Vascular Distribution and Control of Circulation
Video: Wound Care

For a complete list of videos, visit our video library