Which of the Following Is a Control Procedure to Prevent

question 122

Multiple Choice

Which of the following is a control procedure to prevent fictitious persons cashing paychecks?

• A)having employees clock in and out of work
• B)keeping computerized records of payroll data
• C)serial numbering of paychecks
• D)requiring photo IDs for employees picking up their paychecks

---

Definitions:

Instrument For Value

A legal document that represents or embodies a certain value and can be exchanged or used in financial transactions, such as checks, bonds, or certificates of deposit.

Conditions

Stipulations or requirements specified within an agreement or contract that must be met for it to be fully effective.

Holder

An individual or entity that legally possesses a negotiable instrument, like a check or promissory note, and has the right to enforce it.

FTC

The Federal Trade Commission, a U.S. federal agency responsible for consumer protection and the prevention of anti-competitive business practices.