Which of the Following Is True of Good Internal Controls

question 45

Multiple Choice

Which of the following is true of good internal controls over payroll?

• A)Accounting for payroll should be separate from hiring and firing of employees.
• B)Disbursement of paychecks should not be separate from the function of maintaining payroll records.
• C)Hiring and firing employees should not be separated from accounting and from passing out paychecks.
• D)Cash receipts from customers should be separated from the accounting for accounts receivable.

---

Definitions:

General Adaptation Syndrome

A theoretical framework describing the body's short-term and long-term reactions to stress, consisting of three stages: alarm, resistance, and exhaustion.

Metabolic Changes

Adjustments or alterations in the body's processes that involve the breakdown and conversion of nutrients into energy and other components essential for cell and organ function.

Glycogen

A form of glucose stored in the liver and muscles, serving as a primary energy reserve in animals and humans.

Stress and Adaptation

Refers to the process by which an individual's body responds to stressors, aiming to restore homeostasis or adapt to the stress.