Which Control Would Be Most Appropriate to Address the Problem

question 52

Multiple Choice

Which control would be most appropriate to address the problem of inaccurate payroll processing?

• A)Segregation of duties: HRM department updates master data,but only payroll department issues paychecks.
• B)Redepositing unclaimed paychecks and investigating cause.
• C)Cross-footing of the payroll register.
• D)An imprest payroll checking account.

---

Definitions:

Child And Dependent Care Expenses Credit

A tax credit available to taxpayers who pay for childcare or dependent care while they work or look for work.

Dependent Children

Children who are financially supported by a parent or guardian and meet specific criteria, qualifying the parent to receive tax benefits; a reiteration with emphasis on the criteria aspect.

Qualified Day Care Center

A child care facility that meets specific criteria set by the IRS to be eligible for certain tax benefits.

Full-Time Student

A status for individuals who attend an educational institution for a certain number of hours or courses as defined by the institution.