For Good Internal Control, the Payroll Function Should Be Independent

question 53

True/False

For good internal control, the payroll function should be independent of the personnel department.

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Definitions:

Replicable

Replicable refers to the ability of an experiment or study to be repeated by other researchers and produce the same or very similar results.

Parsimonious

Describes an explanation or theory that is simple and lacks unnecessary elements while adequately explaining a phenomenon.

Bipolar Disorder

A condition affecting mental health, characterized by dramatic mood changes from highs (mania or hypomania) to lows (depression).

Lithium

A chemical element used as a medication to treat mood disorders, such as bipolar disorder, by stabilizing mood swings.