Which of the following procedures most likely would be considered a weakness in an entity's internal controls over payroll?

Question

Quizplus · Accepted Answer

Choice "C" is correct. If the employee who distributes payroll checks returns unclaimed checks to the payroll department, an unscrupulous payroll department employee might be able to set up a fictitious employee and convert the checks once they are returned to the payroll department. Unclaimed checks should be turned over to the cashier in the treasurer's department. Choices "A", "B", and "D" are incorrect. All of the following procedures are good controls over the payroll system: A. A voucher for the amount of the payroll is prepared in the general accounting department based on the payroll department's payroll summary. B. Payroll checks are prepared by the payroll department and signed by the treasurer. D. The personnel department sends employees' hire and termination notices to the payroll department

Which of the Following Procedures Most Likely Would Be Considered