Internal Control Over Payroll Is Not Necessary Because Employees Will

question 102

True/False

Internal control over payroll is not necessary because employees will complain if they do not receive the correct amount on their payroll checks.

---

Definitions:

Net 30

A payment term indicating that the full payment is due 30 days from the invoice date.

Quantity Discount

A reduction in price based on the amount of product purchased, incentivizing larger orders.

Shelf Positioning

The strategic placement of products within a store or on a website to maximize visibility and sales potential, often based on consumer behavior patterns.

Hair Product

A type of cosmetic product designed specifically for the care, treatment, styling, or grooming of hair.