An imprest payroll bank account is: a. A bank account where a company only deposits sufficient funds
Question:
An imprest payroll bank account is:
a. A bank account where a company only deposits sufficient funds to process net payroll transactions.
b. A bank account that processes all payroll withholding transactions.
c. A bank account devoted to all payroll transactions.
d. A bank account where a company only deposits sufficient funds to process gross payroll amounts.
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Related Book For
Auditing A Practical Approach with Data Analytics
ISBN: 978-1119401742
1st edition
Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton
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