The main reason for using a separate payroll bank account is to (p.465) a. Safeguard cash by

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The main reason for using a separate payroll bank account is to (p.465)

a. Safeguard cash by avoiding writing payroll checks to fictitious employees

b. Safeguard cash by limiting paychecks to amounts based on time cards

c. Increase efficiency by isolating payroll disbursements for analysis and control

d. All of the above

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Financial Accounting

ISBN: 9780133118209

2nd Edition

Authors: Charles T. Horngren, Jr. Harrison, Walter T.

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