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

Verified
Correct Answer:
Verified
Q87: _ and _ can cause "unmatched" invoices
Q88: In a test of controls,auditors may trace
Q89: Which of the following expense accounts would
Q90: Cutoff tests designed to detect purchases made
Q91: Which of the following would not be
Q93: When auditing liabilities account balances,auditors are most
Q94: An auditor is planning the testing of
Q95: If a person is absent from the
Q96: Specific balance assertions typical of accounts payable
Q97: Changes to the payroll master file should