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.

Recognize the basic unit of chemical elements and their significance in biology.

Understand the role of homeostasis in regulating biological processes.

Familiarize with the major themes and concepts in biology including cellular composition, evolution, and information transmission.

Understand the organizational hierarchy within living organisms from cells to organs.

---

Definitions:

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow that depicts a five-tier model of human needs, ranging from basic physiological needs to self-actualization.

Physiological Needs

Fundamental requirements for human survival, such as food, water, warmth, and rest.

Equity Theories

Theories focused on understanding how individuals perceive fairness in distribution of resources and rewards.

Social Exchange

A theory suggesting that social behavior is the result of an exchange process, aiming to maximize benefits and minimize costs.