Which One of the Following Methods, for the Distribution of Employees

question 12

Multiple Choice

Which one of the following methods, for the distribution of employees' paycheques, would provide the best internal control for the organization?

• A)Delivery of the paycheques to each department supervisor, who in turn would distribute paycheques directly to the employees in his/her department
• B)Direct deposit in each employee's personal bank account
• C)Distribution of paycheques directly to each employee by a representative of the Human Resource department
• D)Distribution of paycheques directly to each employee by the payroll manager

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Definitions:

Sustainable Competitive Advantage

A long-term strategy that a company possesses, which enables it to remain more competitive than its rivals, leading to greater sales or margins and retaining loyal customers.

Strategic Focus

The act of concentrating a company's efforts and resources on a particular business strategy or goal to achieve competitive advantage.

Core Competency

A defining strength or advantage of a business, critical to its success and difficult for competitors to imitate.

Formal Business Plan

A detailed document prepared by a company outlining its objectives, strategies, financial forecasts, and market analysis to guide its operations and attract potential investors.