Which control procedure would be most effective in detecting the failure to prepare a paycheck for a

Question:

Which control procedure would be most effective in detecting the failure to prepare a paycheck for a new employee before paychecks are distributed?

a. validity checks on the employee number on each time card

b. record counts of time cards submitted and time cards processed

c. zero-balance check

d. use of a separate payroll bank account

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Accounting Information Systems

ISBN: 12

11th Edition

Authors: Marshall RomneyPaul Steinbart

See More Books

Question Posted: May 18, 2024 11:15 PM

See More Questions

Which control procedure would be most effective in addressing the following problems? a. When entering a journal entry to record issuance of new debt, the treasurer inadvertently transposes two...
The following are various asset misappropriations involving the payroll and personnel cycle. 1. The payroll clerk submitted payroll information for a fictitious employee and had the funds directly...
The following are various potential misstatements due to errors or fraud (1 through 7), and a list of auditing procedures (a, through h.) the auditor would consider performing to gather evidence to...
You have been given the following algorithm. What does it return? Input: Array A [ 1 . . . [ 1 . . . n ] ] Output: ? ? ? ? out 1 1 for i 2 2 to n do if A [ [ i ] < ] < A [ [ out ] ] then out i return...
Suppose that a firm's technology is based on the following eight basic activities: y1 = ( -3, -6,4,0) y2 = ( -7, -9,3,2) y3 = ( -1, -2,3,-1) y4 = ( -8, -13,3,1) y5 = ( -11, -19,12,0) y6 = ( -4,...
Find the exponential function f(x) = Cb x whose graph is given. (3, 24), (1, 6)
Yes
The Osborn Construction Company began operations January 2, 2007. During the year, Osborn entered into a contract with Redbeard Razor Corporation to construct a manufacturing facility. At that time,...
Data pertaining to the current position of Forte Company follow: Cash $412,500 Marketable securities 187,500 Accounts and notes receivable (net) 300,000 Inventories 700,000 Prepaid expenses 50,000...
This chapter noted many of the benefits that can arise by integrating the HRM and payroll databases. Nevertheless, many companies maintain separate payroll and HRM information systems. Why do you...
Use of a payroll service bureau or a PEO provides all of these benefits except which of the following? a. integration of payroll and personnel data, such as job skills b. lower cost of processing...
Prove that the prices of ATM caps and floors coincide.
Sample for a Poll There are 30,488,983 Californians aged 18 or older. If The Gallup organization randomly selects 1068 adults without replacement, are the selections independent or dependent? If the...
Part A: You have successfully graduated Conestoga College and have joined a public accounting firm in their tax department. You have been assigned to work on a project with Emily Wilson, one of the...
Write a program that gets a list of integers from input, and outputs negative integers in descending order (highest to lowest). Ex: If the input is: 10 -7 4-39 -6 12 -2 the output is: -2-6-7-39 For...
The manager of a division that produces add-on products for the automobile industry had just been presented the opportunity to invest in two independent projects. The first is an air conditioner for...
4. We are interested in the effect on test scores of the student-teacher ratio (STR). The following regression results have been obtained using the California data set. All the regressions used...
Using an Internet search engine, search for the terms SAP and SME. Describe why a small to medium-sized entity might choose SAP as its ERP system.
Which of the following gives the range of y = 4 - 2 -x ? (A) (- , ) (B) (- , 4) (C) [- 4, ) (D) (- , 4] (E) All reals
XF Ltd. Is an expanding private company in the electric trade. Accounts preparing in January 2019 included the following information: Profit Statement for the year ended 31 st December 2018 Kshs.000...
Check On June 15, 2021, Sanderson Construction entered into a long-term construction contract to build a baseball stadium in Washington D.C., for $340 million. The expected completion date is April...
Q.1 Bassem Company purchased OMR420,000 in merchandise on account during the month of April, and merchandise costing OMR $350,000 was sold on account for OMR 425,000. Required: 1. Prepare journal...

Which control procedure would be most effective in detecting the failure to prepare a paycheck for a

Question:

Step by Step Answer:

Accounting Information Systems

Students also viewed these Business questions