No individual with authority to sign payroll cheques or approve direct bank transfers should be permitted access to:
A) timekeeping.
B) the computer.
C) the preparation of payroll.
D) both A and B

Question

Quizplus · Accepted Answer

It is important to have proper segregation of duties to prevent fraud and errors. Allowing an individual with the authority to sign payroll cheques or approve direct bank transfers access to timekeeping or the computer systems used for payroll preparation increases the risk of inappropriate actions or errors. Therefore, options A and B should be restricted from these individuals.

No Individual with Authority to Sign Payroll Cheques or Approve