Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Why would a company choose to use an imprest payroll bank account rather than have the payroll clear through the general bank account. (3 marks)
Why would a company choose to use an imprest payroll bank account rather than have the payroll clear through the general bank account. (3 marks)
Question 26 options:
| To ensure all employees are paid |
| Provide better control and limit the amount of possible theft of cash |
| To ensure all employees are paid the proper hours at the agreed upon pay rates |
| Provides better control over payments to suppliers |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started