Personal Use of Computers by a Company's Employees Can Expose

question 130

Essay

Personal use of computers by a company's employees can expose the employer to a variety of liabilities.Discuss some practical solutions available to the employer that help to contain this risk.

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Definitions:

Check Stub

The part of a check that is retained as a record, detailing the amount paid, to whom, and for what purpose.

Balance Brought Forward

A term used in accounting to describe the amount carried over from a previous period or page in a financial statement or ledger.

Check Amount

The numeric value indicating the total funds payable by the check.

Balance Carried Forward

The amount of money from a previous accounting period that is transferred to the current period's accounts.