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Using this flowchart, fully explain how the activities and segregation of duties included in the companys payroll policies and procedures helps maintain strong internal controls
Using this flowchart, fully explain how the activities and segregation of duties included in the companys payroll policies and procedures helps maintain strong internal controls and accounting information systems.
PAYROLL Timekeeping (Jim Adams) Notes 1. Payeoll is prepared serimonthl Payeoll disbursements are posted to the General Ledger from the Payroll Joumal, not te Cash Disbursements Joumal Wage and lay rformation located Payments Jim Adams) (Ray Kramer) Prepare pre Completed Signed Employee sgs Erter dte ---employee of oeck To PAYROLL Timekeeping (Jim Adams) Notes 1. Payeoll is prepared serimonthl Payeoll disbursements are posted to the General Ledger from the Payroll Joumal, not te Cash Disbursements Joumal Wage and lay rformation located Payments Jim Adams) (Ray Kramer) Prepare pre Completed Signed Employee sgs Erter dte ---employee of oeck ToStep by Step Solution
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