This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A weak internal control system allows a department supervisor to "clock in" for a fictitious ... (Read 117 times)

majortom123

  • Full Member
  • ***
  • Posts: 159
on: Aug 21, 2022
A weak internal control system allows a department supervisor to "clock in" for a fictitious employee and then approve the employee's time card at the end of the pay period. This fraud would be detected if other controls were in place, such as having an independent party
◦ distribute paychecks.
◦ recompute hours worked from time cards.
◦ foot the payroll journal and trace postings to the general ledger and the payroll master file.
◦ compare the date of the recorded check in the payroll journal with the date on the canceled checks and time cards.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by majortom123 on Aug 21, 2022

sakura282000

  • Full Member
  • ***
  • Posts: 159
Reply #1 on: Aug 21, 2022
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


majortom123

  • Member
  • Posts: 159
Reply 2 on: Aug 21, 2022
Thanks for the timely response, appreciate it

cassie_ragen

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Tooth Numbering System Tooth Numbering System
Saturn’s Ring System Saturn’s Ring System
Model of a nursing clinical decision support system Model of a nursing clinical decision support system
The Major Divisions of the Peripheral Nervous System The Major Divisions of the Peripheral Nervous System
Common Pathological Conditions of the Integumentary System Common Pathological Conditions of the Integumentary System
The two circuits of the human cardiovascular system The two circuits of the human cardiovascular system
Video: Interview with Person who has Panic Attacks

For a complete list of videos, visit our video library