A large retail enterprise has established a policy that requires the paymaster to deliver all unclaimed payroll checks to the internal audit department at the end of each payroll distribution day. This policy was most likely adopted to
A)ensure that employees who were absent on a payroll distribution day are not paid for that day.
B)prevent the paymaster from cashing checks that are unclaimed for several weeks.
C)prevent a bona fide employee's check from being claimed by another employee.
D)detect any fictitious employee who may have been placed on the payroll.

Question

Quizplus · Accepted Answer

By requiring unclaimed payroll checks to be delivered to the internal audit department, the enterprise is able to detect any fictitious employee who may have been placed on the payroll. This is because if there are unclaimed checks that cannot be accounted for by any known employees, it may be an indication of fraudulent activity. This policy also helps to ensure that all payroll checks are distributed fairly and accurately to the appropriate employees.

A Large Retail Enterprise Has Established a Policy That Requires