A large retail enterprise has established a policy that requires that the paymaster deliver all unclaimed payroll checks to the Internal Auditing Department at the end of each payroll distribution day. This policy was most likely adopted in order to
A) Assure that employees who were absent on a payroll distribution day are not paid for that day.
B) Prevent the paymaster from cashing checks that are unclaimed for several weeks.
C) Prevent a bona fide employee's check from being claimed by another employee.
D) Detect any fictitious employee who may have been placed on the payroll.

Question

Quizplus · Accepted Answer

The policy is most likely adopted to detect any fictitious employee who may have been placed on the payroll. By requiring unclaimed payroll checks to be delivered to the Internal Auditing Department, the company can ensure that there are no fake employees receiving paychecks. This helps the company prevent fraud and ensure the accuracy of its payroll records.

A Large Retail Enterprise Has Established a Policy That Requires