In the Area of Payroll,which of the Following Procedures Represents

question 8

Multiple Choice

In the area of payroll,which of the following procedures represents proper control over the custody of assets?

• A)The supervisor receives a copy of the payroll register for a chance to approve the payroll after it is completed.
• B)Individual paycheques are prepared.
• C)Unclaimed payroll cheques are held in the office of the chief financial officer.
• D)Signatures from employees are obtained for calculation of deductions.

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Definitions:

Sensorimotor Period

A stage in early childhood (from birth to about 2 years of age) where learning occurs through sensory experiences and manipulating objects.

Assimilation

Assimilation is a cognitive process where individuals integrate new information into existing frameworks or schemas.

Accommodation

In cognitive development, the process of modifying existing cognitive schemas, perceptions, and understandings to incorporate new information.