What Is a Potential Threat to the Specific Activity of Payroll

question 35

Multiple Choice

What is a potential threat to the specific activity of payroll processing?

• A)Hiring unqualified employees.
• B)Poor system performance.
• C)Violations of employment laws.
• D)Unauthorized changes to the payroll master file.

Understand the practical use of Word in creating and editing documents.

Grasp the significance of document aesthetics in enhancing readability and presentation.

Understand the factors that determine the necessity and size of meetings.

Recognize appropriate communication methods for sharing information.

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Definitions:

Indorsers

Individuals who sign their names on the back of negotiable instruments, like checks or promissory notes, transferring their rights to another party.

Accommodation Maker

A person who signs a loan instrument to help someone obtain credit but who has no direct benefit from the loan.

Liable

Subject to legal obligation, where an individual or entity is responsible for fulfilling certain duties or compensating for harm caused to others.

Conditions Precedent

Specific conditions that must be fulfilled before a contract or agreement becomes legally binding.