Multiple Choice
Which of the following is a major control risk in the payroll area?
A) Theft of inventory by staff
B) Fictitious persons cashing paychecks
C) Expenses being recorded as assets in order to manipulate earnings
D) Contracts being awarded to relatives of employees
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q36: For which of the following taxes is
Q37: Art Parrish,the sole employee of Parrish
Q38: Which of the following is associated with
Q39: Model Maker sold 6,000 one-year prepaid
Q40: The Statewide Sales Company has gross pay
Q42: Which of the following correctly describes the
Q43: Good internal controls over payroll would include
Q44: Archie's had sales of $6,758.The state sales
Q45: Which of the following is a liability
Q46: Which of the following is an important