Which of the following is true of good internal controls over payroll?
A) Accounting for payroll should be separate from hiring and firing of employees.
B) Disbursement of paychecks should not be separate from the function of maintaining payroll records.
C) Hiring and firing employees should not be separated from accounting and from disbursing paychecks.
D) Cash receipts from customers should be separated from the accounting for accounts receivable.
A
You might also like to view...
If the use of physical stimuli is necessary, such as the product, a product prototype, commercials, or promotional displays during the interview, in-home interviews are preferable to personal interviews conducted at central locations (mall intercept
and CAPI). Indicate whether the statement is true or false
A difference in the attitudes of people toward time in different cultures is an example of which of the following in individual cultures?
A. Folkways B. Religious doctrines C. Mores D. Laws E. Social structures