Multiple Choice
The purpose of segregating the duties of hiring personnel and distributing payroll checks is to separate the:
A) Authorization of transactions from the custody of related assets
B) Operational responsibility from the record keeping responsibility
C) Human resources function from the controllership function
D) Administrative controls from the internal accounting controls
Correct Answer:

Verified
Correct Answer:
Verified
Q11: Which of the following would be a
Q12: Internal control activities within the payroll process,
Q13: Which of the following is NOT a
Q14: Explain why and how duties are segregated
Q15: There are a number of ways that
Q17: Routine business transactions would include which of
Q18: Which of the following is not an
Q19: Which of the following is false with
Q20: The three phases of fixed assets processes,
Q21: A company must have systems in place