Which of the Following Is a Major Control Risk Related

question 41

Multiple Choice

Which of the following is a major control risk related to payroll?

• A)theft of inventory by staff
• B)a dishonest employee cashing a paycheck that was written to a fictitious person
• C)expenses being recorded as assets in order to manipulate earnings
• D)contracts being awarded to relatives of employees

---

Definitions:

JCVI

The Joint Committee on Vaccination and Immunisation (JCVI) is an independent expert advisory committee in the UK that advises health departments on immunisation programs and vaccine usage.

America Invents Act

A U.S. law passed in 2011 aimed at modernizing the American patent system, notably changing from a first-to-invent to a first-to-file system for patent applications.

First to Invent

A principle where the right to a patent for an invention is determined by being the first person to have conceived of the invention, rather than the first to file a patent application.