Internal Controls for Cash Payments Also Apply to Payrolls

question 28

True/False

Internal controls for cash payments also apply to payrolls.

---

Definitions:

Business Letter

A formal document used for communication between companies, or between a company and its customers, suppliers, or other stakeholders.

Goodwill Messages

Communications intended to foster positive relationships, offering good wishes, congratulations, or sympathies.

Handwritten Note

A personal message written by hand, often considered more thoughtful than digital communications.

Block Letter Style

A format for letters and documents where all text is aligned to the left margin and paragraphs do not have first line indents, often using a simple and clear font.