John Smith worked in the stockyard of a large building supply company. One day he unexpectedly left for California, never to return. His foreman seized the opportunity to continue to submit time cards for John to the payroll department. Each week, as part of his normal duties, the foreman received the employee paychecks from payroll and distributed them to the workers on his shift. Because John was not present to collect his paycheck, the foreman forged John’s name and cashed it. Describe two control techniques to prevent or detect this fraud scheme.

John Smith worked in the stockyard of a large building supply company. One day he unexpectedly left for California, never to return. His foreman seized the opportunity to continue to submit time cards for John to the payroll department. Each week, as part of his normal duties, the foreman received the employee paychecks from payroll and distributed them to the workers on his shift. Because John was not present to collect his paycheck, the foreman forged John’s name and cashed it. Describe two control techniques to prevent or detect this fraud scheme.

PAYROLL ACCT.,2019 ED.(LL)-TEXT

19th Edition

ISBN:9781337619783

Author:BIEG

Publisher:BIEG

Chapter4: Income Tax Withholding

Section: Chapter Questions

Problem 1CP

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john smith worked in a stock yard of a large building supply company .one day he unexpectedly left for california never to return .his foreman seizeid the opportunity to continue to submit time cards for john to payroll department .each week ,as apart of his normal duties , the foreman received the employe pay check from payroll and distributed them to the workers on hs shify, because john was not presented to collect his pay check ,the fore man forged johns name and cashed it . required describe two control techiniques or dected this fraud scheme.
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