Which of the Following Would Raise a Red Flag in the Audit

question 37

Multiple Choice

Which of the following would raise a red flag in the audit of payroll?

• A) One person in the company is authorized to sign all payroll cheques.
• B) The endorsement on a cancelled payroll cheque included the words "for deposit only" above the payee's signature.
• C) The endorsement on a cancelled payroll cheque included the signature of a supervisor below the signature of the payee.
• D) A supervisor initialled the time card of an employee.

Analyze the writing process through relevant questions.

Understand the elements of editing in the writing process.

Estimate the planning time required for a writing project.

Recognize common errors to look for during the proofreading phase.

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Definitions:

Symbiotic Marketing

A cooperative marketing strategy where two or more companies that offer complementary products or services work together to promote each other's interests.

Cross-channel Consumer

An individual who interacts with and purchases from a brand or company through multiple channel options, including online, in-store, and via mobile devices, expecting a seamless experience.

Hassle-free Eating

A concept focusing on convenience and ease in food consumption, prioritizing minimal preparation, quick service, and simple clean-up.

Social Experience

Interactions and activities individuals share with others within social contexts or platforms, contributing to their collective social life.