The Internal Control Activity Requiring That the Manager Approves Payroll

question 35

Multiple Choice

The internal control activity requiring that the manager approves payroll prior to signing paycheck is intended to minimize the risk of:

• A)Omitted paychecks
• B)Incorrect amounts
• C)Fictitious employees
• D)Stolen paychecks

---

Definitions:

Merchandise

Goods that are bought, sold, or traded in the retail environment.

Home

A place of residence or refuge; the physical space where one lives and finds comfort, often signifying personal and emotional attachment.

Federal

Pertaining to the central government of a country, rather than state, local, or provincial authorities.

State

A politically organized body of people under a sovereign government, recognized within a certain territorial area.