What Is the Major Control Risk for the Payroll Payment

question 38

Multiple Choice

What is the major control risk for the payroll payment process?

• A)Potential overpayment of wages due to employee fraud.
• B)Potential theft of cash.
• C)Potential overpayment of employee deductions.
• D)Potential underpayment due to employee fraud.

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Definitions:

Custodial Care

The provision of services and care, primarily for meeting personal needs such as bathing, dressing, and feeding, mainly in facilities such as nursing homes.

Adult Sibling Relationships

The dynamic and interactions between brothers and sisters during their adult years.

Positive Relationships

Connections between individuals that are characterized by mutual respect, support, and positive communication.

Divorced Daughters

Women who have experienced divorce and are the children in their parent's family, highlighting possible impacts on family dynamics.