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15.3. You have been hired to evaluate the payroll system for the Skip-Rope Manufacturing Company. The company processes its payroll in-house. Use Table 15-1(see attachment)

15.3. You have been hired to evaluate the payroll system for the Skip-Rope Manufacturing Company. The company processes its payroll in-house. Use Table 15-1(see attachment) as a reference to prepare a list of questions to evaluate Skip-Rope?s internal control structure as it pertains to payroll processing for its factory employees. Each question should be phrased so that it can be answered with either a yes or a no; all ?no? answers should indicate potential internal control weaknesses. Include a third column listing the potential problem that could arise if that particular control were not in place. (CPA Examination, adapted) (Romney 455) Romney, Marshall B., Paul Steinbart. Accounting Information Systems, 12th Edition. Pearson Learning Solutions. VitalBook file. image text in transcribed

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