The Objectives of Internal Accounting Control for Payrolls Are (A)

question 42

True/False

The objectives of internal accounting control for payrolls are (a) to safeguard company assets from unauthorized payments of payrolls and (b) to assure accuracy and reliability of the accounting records pertaining to payroll.

---

Definitions:

Buying Stage

The phase in the consumer purchase process that involves the evaluation of alternatives and the final decision to purchase a product or service.

Demographic Factors

Statistical data about a population, including age, gender, income, education, and occupation, utilized in market research to identify target markets.

Objections

The concerns or reasons customers offer for not buying a product.

Sales Presentation

A pitch or a demonstration designed to persuade a potential buyer or client to purchase a product or service.