Which of the Following Is Not a Major Risk in the Payroll

question 19

Multiple Choice

Which of the following is not a major risk in the payroll cycle?

• A)paying fictitious employees
• B)incorrect accounting of costs and expenses
• C)overpayment for time and production
• D)paying employees more than the market rate

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Definitions:

Benefit of Doubt

Giving someone the presumption of innocence or believing their intentions or explanations unless proven otherwise.

Dishonest

Lacking honesty; inclined to lie, cheat, or steal.

Relationship Transformation Selling

A sales approach focused on building long-term relationships with customers, transforming the sales interaction into a partnership.

Key Account

A significant customer or client that contributes a substantial portion of a company's revenue, often receiving special attention and customized services.