When Developing the Internal Controls and Record Retention for a Payroll

question 19

Multiple Choice

When developing the internal controls and record retention for a payroll system, a company should:

• A) Designate a single employee with the responsibility for pay disbursements.
• B) Involve all company employees to promote transparency.
• C) Train accounting personnel on a single payroll task.
• D) Develop a closed system and alternate employee duties.

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Definitions:

Bitter

A basic taste sensation characterized by the disagreeable flavor substances, not typically related to psychology.

Umami

One of the five basic tastes, often described as savory or meaty, and found in foods like tomatoes, cheese, and soy sauce.

Rich In Protein

Describes foods or substances that contain a high proportion of protein, which is essential for the body's tissue growth and repair.

Taste Sensation

Taste sensation is the experience of a flavor perceived in the mouth and throat on contact with a substance.