Which of the Following Activities Related to Payroll Is Not

question 44

Multiple Choice

Which of the following activities related to payroll is not an effective control plan?

• A) Paychecks should be drawn on an imprest payroll bank account.
• B) Approve imprest clearing check.
• C) Approve attendance time data and job time data.
• D) After their preparation, paychecks should be delivered directly to the employees' supervisors for distribution to the employees.

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Definitions:

Employee Benefits

Various non-wage compensations provided to employees in addition to their normal wages or salaries, such as health insurance, paid vacations, and retirement plans.

Promotion Criteria

The standards and requirements that an employee must meet or exceed to be considered for advancement within an organization.

Chief Executive Officer

The highest-ranking executive in a company, responsible for making major corporate decisions, managing overall operations, and communicating with the board of directors.

Vice-president

An executive position in a company or organization whose holder is typically responsible for a specific department or group within the organization.