The main reason for using a separate payroll bank account is to (p.465) a. Safeguard cash by
Question:
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
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Financial Accounting
ISBN: 9780133118209
2nd Edition
Authors: Charles T. Horngren, Jr. Harrison, Walter T.
Question Posted: