Match the four functions of payroll activities with their related internal controls: a. An independent employee should sign and distribute the prenumbered checks. select a function Hiring EmployeesPaying the PayrollPreparing the PayrollTimekeeping b. Supervisors should monitor hours worked through time reports. select a function Hiring EmployeesPaying the PayrollPreparing the PayrollTimekeeping c. Human Resources department should authorize employment. select a function Hiring EmployeesPaying the PayrollPreparing the PayrollTimekeeping d. Two or more employees should verify payroll amounts. select a function
Match the four functions of payroll activities with their related internal controls: a. An independent employee should sign and distribute the prenumbered checks. select a function Hiring EmployeesPaying the PayrollPreparing the PayrollTimekeeping b. Supervisors should monitor hours worked through time reports. select a function Hiring EmployeesPaying the PayrollPreparing the PayrollTimekeeping c. Human Resources department should authorize employment. select a function Hiring EmployeesPaying the PayrollPreparing the PayrollTimekeeping d. Two or more employees should verify payroll amounts. select a function
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter3: Internal Control Over Financial Reporting: Responsibilities Of Management And The External Auditor
Section: Chapter Questions
Problem 19CYBK
Related questions
Question
Match the four functions of payroll activities with their related internal controls:
| a. |
An independent employee should sign and distribute the prenumbered checks.
|
select a function Hiring EmployeesPaying the PayrollPreparing the PayrollTimekeeping | ||
|---|---|---|---|---|
| b. |
Supervisors should monitor hours worked through time reports.
|
select a function Hiring EmployeesPaying the PayrollPreparing the PayrollTimekeeping | ||
| c. |
Human Resources department should authorize employment.
|
select a function Hiring EmployeesPaying the PayrollPreparing the PayrollTimekeeping | ||
| d. |
Two or more employees should verify payroll amounts.
|
select a function |
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