Employee benefits are generally considered non-wage compensations designed to enhance any employee's salary compensation. However, it should be noted that payroll is one of the largest operating expense in many banks. Losses can occur if a bank does not have adequate controls over this function. The largest risk/s bank face in this function is/are:
A) Making salary payments to employees no longer on the payroll
B) Paying employees for unearned overtime, sick time, or vacation time
C) Entering improper or unauthorized salary
D) All of these
Correct Answer:
Verified
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