Examlex

Solved

For Proper Internal Control, the Person(s) Responsible for Signing the Payroll

question 15

True/False

For proper internal control, the person(s) responsible for signing the payroll checks should not have access to timekeeping or be otherwise involved in the preparation of payroll.


Definitions:

Population

The total number of individuals or items under consideration in a specified area or group.

Rate

A rate is a measure, quantity, or frequency, typically one measured against another quantity or measure, such as speed (distance per time) or heart beats (per minute).

100,000

A numerical figure commonly used as a statistical baseline to calculate rates per population for comparison or analysis.

Suicide Attempt

An act with the intention to end one's life that does not result in death.

Related Questions