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

The policy is aimed at preventing any potential fraud or errors in the payroll system. By requiring unclaimed payroll checks to be delivered to the internal audit department, the organization can detect any fictitious employee who may have been included in the payroll. This policy can also help to ensure that all payments made are legitimate and accurate.

A Large Retail Enterprise Has Established a Policy That Requires