INTERNAL CONTROL PROCEDURES FOR WAGES. Shortridge Construction Company resurfaces roads in all parts of Illinois. For each
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INTERNAL CONTROL PROCEDURES FOR WAGES. Shortridge Construction Company resurfaces roads in all parts of Illinois. For each resurfacing job, Shortridge assigns one of its supervisors and several of its full-time equipment operators. The remaining labor necessary is hired for the duration of the job in the local area. Shortridge’s accountant wants to establish internal control procedures that will help ensure that:lol
a) All employees put on the payroll locally actually exist.
b) Employees actually work the number of hours reported.
REQUIRED:
Propose some internal control procedures to help meet these objectives.
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