Which of the Following Is a Control Activity That Most

question 56

Multiple Choice

Which of the following is a control activity that most likely could help prevent employee payroll fraud?

• A)The Human Resource department promptly sends employee termination notices to the payroll supervisor.
• B)Employees who distribute payroll checks forward unclaimed payroll checks to the absent employees' supervisors.
• C)Salary rates resulting from new hires are approved by the payroll supervisor.
• D)Total hours used for determination of gross pay are calculated by the payroll supervisor.

---

Definitions:

Gain Or Loss

It reflects the financial outcome from the sale of an asset, calculated as the difference between the sale price and the asset's book value.

Consolidated Net Income

The combined net income of a parent company and its subsidiaries, after adjusting for intercompany transactions and minority interests.