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Author Question: Which of the following will limit a firm's potential loss exposure from paycheck forgery? (Read 27 times)

ishan

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Question 1

The average annual management salary at Iyov Management is $100,000. If the average turnover rate for employees is six per year, what is the approximate average annual cost of turnover?
◦ $100,000.
◦ $400,000
◦ $600,000.
◦ $900,000.

Question 2

Which of the following will limit a firm's potential loss exposure from paycheck forgery?
◦ Segregation of check distribution from payroll duties.
◦ Prompt redeposit of unclaimed paychecks.
◦ A separate payroll bank account.
◦ Direct deposit of checks.


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Marked as best answer by ishan on Apr 8, 2019

ankilker

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ankilker

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