20-26 (OBECTIVE 20-3) The following are various asset misappropriations involving the 1. The payroll clerk increased his salary by $100 each pay period. After a few weeks, he 2. The payroll clerk submitted payroll information for a fictiious employee and had the 3. An employee adds 10 overtime hours that she did not work to her time record each payroll and personnel cycle. also increased the hourly rate for his friend who works in the shipping department. funds directly deposited to a bank account that he controlled. pay period. ployee will be paid. 4. Two factory employees have an arrangement that one of them will take each Friday off, and the other employee will record their time worked so that the absent em- 5. A supervisor does not notify human resources that an hourly employee has left the company. He continues to submit time records for the employee. The money is directly deposited in the former employee's bank account, and he splits the amount paid with the supervisor