Which of the Following Is a Control Procedure to Prevent

question 83

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

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Definitions:

Driving Forces

Factors or influences that contribute to the momentum and direction of change in an organization or system.

Timmons Model

A model of entrepreneurship that emphasizes the dynamic balance between opportunity, resources, and team, with an entrepreneur at the center managing these elements.

Sustainability

The practice of maintaining processes or systems, notably in environmental, economic, and social contexts, in a way that prevents the depletion of natural resources, ensuring long-term ecological balance.

Lifestyle Ventures

Businesses started primarily to fulfill the personal goals and interests of the founder rather than to achieve high financial growth.