Which of the Following Is NOT a Reason Why Paying

question 250

Multiple Choice

Which of the following is NOT a reason why paying by check is an important internal control?

• A) The check provides a record of the payment.
• B) The check must be signed by an authorized official.
• C) Before signing the check, the purchasing agent reviews the invoice or other evidence supporting the payment.
• D) All of the above statements are correct.

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Definitions:

Employee Orientation

A process for introducing new hires to their roles, the company culture, policies, and their colleagues.

Accident

An unplanned event that results in injury, damage, or loss.

Paycheque

The physical or electronic means by which an employer disburses wages or salaries to employees.

Incidence Rate

A measure used in epidemiology to assess the frequency of new cases of a disease or condition within a specified population over a certain period of time.