A Payroll Clerk Accidentally Entered an Employee's Hours Worked for the Week

question 67

Multiple Choice

A payroll clerk accidentally entered an employee's hours worked for the week as 380 instead of 38.The data entry control that would best prevent this error would be

• A)a limit check.
• B)a check digit.
• C)batch total reconciliation.
• D)a field check.

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Definitions:

Capital Expenditures

Large spending by a company on physical assets like property, plant, and equipment, intended to be used for more than one year.

Financing Activities

Transactions and events whereby resources are obtained from, or repaid to, owners (equity financing) and creditors (debt financing).

Long-Term Debt

Borrowings and financial obligations payable over a period longer than one year.

Equity

Represents the value of an owner's interest in a property or business, calculated as the difference between assets and liabilities.