For internal control purposes, which of the following individuals should preferably be responsible for the distribution of payroll cheques?
A) Bookkeeper.
B) Payroll clerk.
C) Cashier.
D) Receptionist.
Correct Answer:
Verified
Q3: Which of the following statements about internal
Q6: For effective internal control purposes, which of
Q7: An auditor assesses the level of control
Q8: The conclusion reached as a result of
Q9: Tests of controls are performed to determine
Q12: The basic concept of internal control which
Q14: Obtaining an understanding of the internal control
Q15: After obtaining an understanding of internal control
Q16: How does the extent of substantive tests
Q19: The ultimate purpose of assessing control risk
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