For Good Internal Control, There Should Be A(n) ______________________________ Between

question 45

Short Answer

For good internal control, there should be a(n) ______________________________ between personnel data creation/modification, payroll preparation, and disbursement of the checks.

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Definitions:

Death Penalty

A legal punishment where an individual is put to death by the state as a penalty for a crime.

Representativeness Heuristic

A mental shortcut used when making judgments about the probability of an event under uncertainty, based on how similar it is to our stereotypes of similar occurrences.

New Zealand

is an island country in the southwestern Pacific Ocean, consisting of two main landmasses—the North Island, and the South Island—and numerous smaller islands.

Availability Heuristic

A mental shortcut that relies on immediate examples that come to a given person's mind when evaluating a specific topic, concept, method, or decision.