Which internal control is not an important part of the payroll system?
a. Supervisors verify the accuracy of employee time cards.
b. Paychecks are distributed by an independent paymaster.
c. Accounts payable verifies the accuracy of the payroll register before transferring payroll funds to the general checking accounting.
d. General ledger reconciles the labor distribution summary and the payroll disbursement voucher.
C
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The ECPA is a federal statute that makes it a crime to intercept an electronic communication at the point of transmission, while in transit, when stored by a router or server, or after receipt by the intended recipient
Indicate whether the statement is true or false
Which of the following should most likely be considered in making the decision to outsource Echo value-chain activities?
A) What are the long-term strategic goals and objectives of Echo? B) Would Echo engineers be willing to relocate to a foreign nation? C) How many of Echo's competitors outsource business activities? D) Can Echo find employees for a customer service center in the U.S.?