DE11-17 Link Back to Chapter 7 (Internal Controls) 1. What are some of the important elements of

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DE11-17 Link Back to Chapter 7 (Internal Controls) 1. What are some of the important elements of good internal control to safeguard payroll disbursements? 2. Explain how the use of two payroll bank accounts (one account the first month, the other account the next month) makes accounting for the payroll of a large company more efficient. Identify another control for efficiency in the payroll area.

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Accounting

ISBN: 9780130906991

5th Edition

Authors: Charles T. Horngren, Walter T. Harrison, Linda S. Bamber, Betsy Willis, Becky Jones

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