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

Verified
Correct Answer:
Verified
Q15: Which of the following is required of
Q24: In the weekly computer run to prepare
Q41: Effective internal control over the payroll function
Q55: All of the following are incorporated into
Q56: A substantive test of transactions to test
Q57: Effective internal control over unclaimed payroll checks
Q58: A surprise observation by an auditor of
Q61: An auditor would consider internal control over
Q62: During the current year being audited, Hitech,
Q63: Possible misstatements related to the occurrence assertion