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The Use of a Separate Payroll Bank Account Is Not

question 142

True/False

The use of a separate payroll bank account is not an advantageous control, because it creates more complexity in reconciliation functions for a company and invites theft.


Definitions:

Reproach

Message that a failure event has occurred.

Invulnerable

The state of being immune to harm, damage, or the negative effects of something.

Vulnerable

describes a state of being open to harm, attack, or criticism, often due to a lack of protection or strength.

Active Verbal

The use of words and vocal sounds to engage actively and constructively in communication.

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