Henri joined a public accounting firm as an intern for the summer. Henri's final project involved evaluating the firm's employee termination control activities with a goal of developing additional control activities to prevent unnecessary reputation damages for the firm. Which of the following control activities might Henri suggest?
A) Complete an HR-authorized employee termination checklist and submit to HR.
B) Require HR presence at firings to ensure proper procedures and mitigate risks.
C) Remove employee's authority to act on behalf of the firm and conduct firm business.
D) All of these answer choices are correct.

Question

Quizplus · Accepted Answer

Each of the listed control activities contributes to a comprehensive approach for managing employee terminations effectively. Completing an HR-authorized checklist ensures all necessary steps are taken, requiring HR presence at firings helps ensure procedures are followed and risks are mitigated, and removing the employee's authority to act on behalf of the firm prevents unauthorized actions post-termination.

Henri Joined a Public Accounting Firm as an Intern for the Summer