Which of the Following Is a Control Procedure to Prevent

question 137

Multiple Choice

Which of the following is a control procedure to prevent fictitious persons from 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:

GDP

Gross Domestic Product, a measure of the economic performance of a country, representing the total value of all goods and services produced over a specific time period.

Government Deficits

A financial situation that occurs when a government's expenditures exceed its revenues, leading to borrowing or the use of saved funds.

Standard Of Living

The amount of affluence, convenience, physical assets, and essential services available to a particular economic group or region.

Specialized Labor

Workforce that has a high level of expertise, training, or education in specific fields or occupations, enabling them to perform tasks more efficiently.