Which of the following activities related to payroll is not an effective control plan?
A) Paychecks should be drawn on an imprest payroll bank account.
B) Approve imprest clearing check.
C) Approve attendance time data and job time data.
D) After their preparation, paychecks should be delivered directly to the employees' supervisors for distribution to the employees.
Correct Answer:
Verified
Q28: Wages taxable under FICA are reported on
Q29: In an imprest system, the bank account
Q30: A payroll clearing account is a separate
Q31: Moving from bi-weekly to monthly payroll can
Q32: The employee wage and tax statement is
Q34: Information for distributing labor charges to jobs,
Q35: Annuities, pensions, and retirement pay are reported
Q36: The trigger for the payroll process "pay
Q37: The employee/payroll master data is the central
Q38: The process of preparing paychecks for hourly
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