For proper internal control, the person(s)responsible for signing the payroll cheques should not have access to timekeeping or be otherwise involved in the preparation of payroll.

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Quizplus · Accepted Answer

This is true. Separation of duties is an important component of internal control, and ensuring that the person responsible for signing payroll cheques does not have access to timekeeping or payroll preparation helps to prevent fraud or errors in the process.

For Proper Internal Control, the Person(s)responsible for Signing the Payroll