Which of the Following Is TRUE of Good Internal Controls

question 128

Multiple Choice

Which of the following is TRUE of good internal controls over payroll?

• A) Accounting for payroll should be separate from hiring and firing of employees.
• B) Disbursement of paychecks should not be separate from the function of maintaining payroll records.
• C) Hiring and firing employees should not be separated from accounting and from disbursing paychecks.
• D) Cash receipts from customers should be separated from the accounting for accounts receivable.

---

Definitions:

Ambulatory Assessment

A method in psychological research where data on participants' behaviors, physical activities, and experiences are collected in real-time and in naturalistic settings.

Experiential Assessment

A method of evaluation that focuses on an individual's experiences and perceptions.

Measurement Error

The difference between the true value and the observed value due to inaccuracies in data collection or interpretation.

Click-through Rates

measure the percentage of people who click on a specific link out of the total users who view a page, email, or advertisement.