A Company's Internal Controls Policies May Mandate the Distribution of Paychecks

question 92

Multiple Choice

A company's internal controls policies may mandate the distribution of paychecks by an independent paymaster in order to determine that:

• A)Payroll deductions are properly authorized and computed.
• B)Pay rates are properly authorized and separate from the operating functions.
• C)Each employee's paycheck is supported by an approved time sheet.
• D)Employees included in the period's payroll register actually exist and are currently employed.

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