Match the Codes Assigned to the Following Payroll Functions to the Procedures

question 96

Essay

Match the codes assigned to the following payroll functions to the procedures listed below: 1. ____ Distribution of checks by the treasurer.
2. ____ Supervisor approves hours worked.
3. ____ Posting job openings.
4. ____ Maintenance of payroll records.
5. ____ Verification of payroll calculations.
6. ____ Screening and interviewing of job applicants.
7. ____ Employment authorization.
8. ____ Signing prenumbered payroll checks.
9. ____ Use of a timeclock.
10. ____ Payroll tax return preparation.
11. ____ Employee signs receipt acknowledging cash received.
12. ____ Documentation of employee hiring.

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Definitions:

Probable Loss

A potential financial loss that is likely to occur in the future, often reflected in financial statements as a provision.

Range

The difference between the highest and lowest values in a set.

Gain Contingency

A potential financial gain that may occur in the future, dependent on certain events or conditions being met.