Josephine Joined a Big 4 Accounting Firm as an Intern

Multiple Choice

Josephine joined a Big 4 accounting firm as an intern for the summer. Josephine's final project involved evaluating the firm's employee termination control activities with a goal of developing additional control activities to prevent unnecessary financial losses for the firm. Which of the following control activities might Josephine suggest that will prevent financial loss?

A) Clear all advances and employee receivables prior to the employee's final paycheck.
B) Company credit cards are collected from the employee, paid, and closed at the end of the billing cycle.
C) Remove employee's authority to act on behalf of the firm and conduct firm business.
D) All of these answer choices are correct.