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When Developing the Internal Controls and Record Retention for a Payroll

Question 42

Multiple Choice

When developing the internal controls and record retention for a payroll system,a company should:


A) Involve all company employees to promote transparency.
B) Develop a closed system and alternate employee duties.
C) Designate a single employee with the responsibility for pay disbursements.
D) Train accounting personnel on a single payroll task.

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