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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 the proper hours at the agreed upon pay rates Provide better control and limit the amount of possible theft of cash To ensure all employees are paid Provides better control over payments to suppliers

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