A Weak Internal Control System Allows a Foreman to Clock

question 16

Multiple Choice

A weak internal control system allows a foreman to clock in daily for a fictitious employee and to approve the time card at the end of the payroll period.This fraud would be detected if other controls were in place,such as having an independent party

• A)compare the date of the recorded cheque in the payroll journal with the date on the cancelled cheques and time cards.
• B)foot the payroll journal and trace postings to the general ledger and the payroll master file.
• C)recompute hours worked from time cards.
• D)distribute paycheques.

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