Which of the following is a major control risk related to payroll?
A) theft of inventory by staff
B) a dishonest employee cashing a paycheck that was written to a fictitious person
C) expenses being recorded as assets in order to manipulate earnings
D) contracts being awarded to relatives of employees
B
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A similarity between the customer relationship management process and supplier relationship management process is that both:
a. provide structural support for developing and maintaining relationships with their respective supply chain partners. b. ensure that relationally integrated supply chains operate in an environment that has no set rules or procedures. c. fail to directly impact a firm's profitability and its ability to commercialize new offerings. d. eliminate the manufacturing flow management process within companies by removing unnecessary steps in the supply chain.
An information system is one of the five components by which a company can achieve its internal control objectives
Indicate whether the statement is true or false