In Preparing Payroll Checks, the Computer Omitted 24 of a Total

question 47

Multiple Choice

In preparing payroll checks, the computer omitted 24 of a total of 2,408 checks which should have been processed.The error was not detected until the supervisor distributed the checks.The best control procedure would be:

• A)A parity check
• B)A module N check
• C)Control totals
• D)Desk checking

Comprehend the development and significance of fontanels in the human skull.

Understand the role and structure of the sternum in relation to the ribs and clavicle.

Describe the composition and function of the thoracic cage, including its vertebrae and rib attachments.

Understand the basic anatomical terminology and structure of the human skeletal system.

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Definitions:

Balance Sheet

A balance sheet is a financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing insight into the company's financial health.

Closing Entries

Bookkeeping records created at the conclusion of a financial period to move balances from temporary to permanent accounts, thereby readying the organization's financial records for the forthcoming period.

Adjusted Trial Balance

A compilation of all corporate accounts set to feature in the financial reports post adjustments for journal entries.

Debit Total

The debit total represents the sum of all debit entries recorded in an account during a financial period.