Which of the Following Is an Important Internal Control Over

question 89

Multiple Choice

Which of the following is an important internal control over payroll?

• A) separating the duties of the disbursement of paychecks from the recording of payroll transactions in the ledger
• B) separating the duties of safeguarding property from record-keeping of property
• C) separating the duties of approving invoices from signing disbursement checks
• D) separating the duties of cash disbursement from bank reconciliations

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Definitions:

Erikson

Refers to Erik Erikson, a developmental psychologist known for his theory on the psychological development of humans, characterized by eight stages from infancy to adulthood.

Occupational Future

Prospects or predictions concerning one's career or professional development paths and opportunities in the forthcoming times.

Apathetic

Showing or feeling no interest, enthusiasm, or concern; indifferent.

Social Identity

An individual's sense of who they are based on their group memberships, such as nationality, religion, gender, and occupation.