Solved

To Minimize the Opportunities for Fraud,unclaimed Cash Payroll Should Be

Question 34

Multiple Choice

To minimize the opportunities for fraud,unclaimed cash payroll should be:

A) Deposited in a safe deposit box.
B) Held by the payroll custodian.
C) Deposited in a special bank account.
D) Held by the controller.

Related Questions

Q29: An example of an internal control weakness

Q30: In evaluating whether there is a sufficiently

Q31: Material loss contingencies should be recorded in

Q32: Which of the following auditing procedures is

Q33: The purpose of segregating the duties of

Q35: Subsequent events that provide additional evidence as

Q36: Analytical procedures are often used for verification

Q37: The auditors' primary means of obtaining corroboration

Q38: Management estimates the company's allowance for doubtful

Q39: Which of the following statements ordinarily is