Effective internal accounting control over unclaimed payroll checks that are kept by the company would include accounting department procedures that require:
A) effective cancellation and stop payment orders for checks representing unclaimed wages.
B) preparation of a list of unclaimed wages on a periodic basis.
C) accounting for all unclaimed wages in a current liability account.
D) periodic accounting for the actual checks representing unclaimed wages.

Question

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The Answer of Effective internal accounting control over unclaimed payroll checks that are kept by the company would include accounting department procedures that require:
A) effective cancellation and stop payment orders for checks representing unclaimed wages.
B) preparation of a list of unclaimed wages on a periodic basis.
C) accounting for all unclaimed wages in a current liability account.
D) periodic accounting for the actual checks representing unclaimed wages.

Effective Internal Accounting Control Over Unclaimed Payroll Checks That Are