Which of the following procedures carried out by the personnel department best reduces the risk of payroll fraud and represents an appropriate responsibility for the department?
A)Distributing paycheques.
B)Authorizing overtime hours.
C)Authorizing the addition or removal of employees from the payroll system.
D)Collecting and retaining unclaimed paycheques.

Question

Quizplus · Accepted Answer

The personnel department can reduce the risk of payroll fraud by strictly authorizing the addition or removal of employees from the payroll system. This helps ensure that only valid employees are paid and that unauthorized individuals are not paid. Other options such as distributing paycheques, authorizing overtime hours, and collecting and retaining unclaimed paycheques do not directly address the risk of payroll fraud.

Which of the Following Procedures Carried Out by the Personnel