Controls Applicable to Paying the Payroll and Protecting Unclaimed Waginclude

question 30

Multiple Choice

Controls applicable to paying the payroll and protecting unclaimed waginclude all of the following except:

• A) payroll cheques and bank transfers should be signed or authorized by finance office personnel involved in preparing or recording the payroll.
• B) payroll cheques, where used should be distributed to employees by finance office personnel not involved in preparing or recording the payroll.
• C) any unclaimed payroll cheques should be stored in a safe or vault in the finance office.
• D) finance office personnel should check the agreement of the names and amounts on cheques or bank transfers with payroll register entries.

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Definitions:

The "Me"

The part of an individual's self-concept that is based on self-reflection and how others perceive them.

Ego Depletion

A state of diminished capacity to exercise self-control or focus, following a period of exertion in using one's self-control.

Self-Efficacy

An individual’s belief in their own capability to succeed in specific situations or accomplish a task.

Self-Compassion

The act of being kind and understanding to oneself in instances of pain or failure, rather than being harshly self-critical.