Examlex

Solved

There Are Several Key Internal Controls Over the Timekeeping and Payroll

question 107

Essay

There are several key internal controls over the timekeeping and payroll preparation function that should be present. For example, adequate control over the time on employees' time cards includes the use of a time clock or other method of making certain that employees are paid for the number of hours they worked. Discuss other key internal controls over the timekeeping and payroll preparation function.


Definitions:

Rooting Reflex

An automatic response seen in newborns, where they turn their head toward anything that strokes their cheek or mouth.

Moro Reflex

An involuntary reflex found in newborns, characterized by the baby spreading its arms, then unspreading them and crying, usually triggered by a loud sound or sudden movement.

Babinski Reflex

A physical reflex observable in infants, where fanning and curling toes occur when the sole of the foot is stimulated.

Grasping

The reflex action by which infants close their fingers around an object placed in their hand.

Related Questions