The purpose of segregating the duties of hiring personnel and distributing payroll checks is to separate the
A) Administrative controls from the internal accounting controls.
B) Human resources function from the controllership function.
C) Operational responsibility from the record-keeping responsibility.
D) Authorization of transactions from the custody of related assets.
Correct Answer:
Verified
Q22: When control risk is assessed as low
Q23: Which of the following is an effective
Q26: In the weekly computer run to prepare
Q27: A large retail enterprise has established a
Q28: Effective internal control over unclaimed payroll checks
Q31: Which of the following activities most likely
Q31: A substantive test of transactions to test
Q35: Which of the following procedures would normally
Q36: Comparing selected items from the payroll register
Q39: Which of the following is the best
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