The supervisor is the best person to determine the existence of a "phantom employee" and should distribute paychecks.
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Q7: Ideally,payroll checks are written on a special
Q8: The depreciation schedule shows when assets are
Q9: Authorization to dispose of fixed assets should
Q10: Inventory control performs the formal record keeping
Q11: Because a time clock is used,no supervision
Q13: Time cards capture the total time an
Q14: Fixed asset systems must keep track of
Q15: To improve internal control,paychecks should be distributed
Q16: Accounting conventions and IRS rules sometime specify
Q17: The fixed asset disposal report authorizes the
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