Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Jannie is an assistant payroll staff at Homesco Ltd. She frequently receives complaints from employees that they receive their pay late, and in some cases,

image text in transcribed
Jannie is an assistant payroll staff at Homesco Ltd. She frequently receives complaints from employees that they receive their pay late, and in some cases, do not receive their weekly pay. Which control would be most likely to address this situation? O a. A good audit trail Ob Segregation of duties Oc Reviews of operating performance O d. Physical protection of assets O e Personal policies and practices Jannie is an assistant payroll staff at Hanks Ltd. When preparing the weekly payroll summary, she found that she is unable to match the total payroll with batch totals of payroll submitted from different departments. In some cases, she is unable to trace certain payments to the original timesheets. Which control would be most likely to address this situation? O a. A good audit trail Ob Segregation of duties Oc Reviews of operating performance O d. Physical protection of assets Oe Personal policies and practices

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Sound Investing, Chapter 7 - Cash Versus Accrual

Authors: Kate Mooney

1st Edition

0071719296, 9780071719292

More Books

Students also viewed these Accounting questions

Question

Excel caculation on cascade mental health clinic

Answered: 1 week ago

Question

=+d. Is there another print vehicle you would suggest?

Answered: 1 week ago