The proper use of prenumbered termination notice forms by the Payroll Department should provide assurance that all
A) Uncashed payroll checks were issued to employees who have not been terminated.
B) Personnel files are kept up to date.
C) Employees who have not been terminated receive their payroll checks.
D) Terminated employees are removed from the payroll.
Correct Answer:
Verified
Q1: The payroll-processing function is responsible for paying
Q3: There are few inherent risk factors that
Q7: Which of the following internal control objectives
Q8: Which of the following departments most likely
Q9: Tests of details of transactions are often
Q11: Employees must complete a W-4 form to
Q13: A surprise observation by an auditor of
Q16: Proper segregation of duties is critical for
Q18: Payroll-related expenses normally are not a material
Q19: Which of the following could test the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents