Multiple Choice
Which of the following will limit a firm's potential loss exposure from paycheck forgery?
A) Segregation of check distribution from payroll duties.
B) Prompt redeposit of unclaimed paychecks.
C) A separate payroll bank account.
D) Direct deposit of checks.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q41: Companies that specialize in processing payroll are
Q42: Which of the following controls can minimize
Q43: Which type of payroll report includes the
Q44: A growing number of companies require some
Q45: All of the following regarding payroll checks
Q47: Discuss the various types and sources of
Q48: Which of the following controls can minimize
Q49: Why is a separate payroll account used
Q50: Which of the following is a control
Q51: Falk Noam is the internal auditor for