Which of the Following Controls Can Minimize the Threat of Errors

question 42

Multiple Choice

Which of the following controls can minimize the threat of errors in processing payroll?

• A)Redepositing unclaimed paychecks and investigating cause.
• B)Issuing earnings statements to employees.
• C)Using biometric authentication.
• D)Conducting criminal background investigation checks of all applicants for finance related positions.

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Definitions:

Referent Power

A form of power that stems from being admired or respected, leading others to identify with or want to be like the person wielding this power.

Personal and Professional Development

The continuous process of acquiring new skills and knowledge that relate to one's profession, personal aspirations, and self-improvement.

Transformational Leaders

Leaders who inspire and motivate their followers to exceed their own self-interests for the betterment of the organization through vision and passion.

Use of Power

The application of influence, control, or authority in order to achieve desired outcomes within a social context.