Big howies hot dog stand is a fast-food restaurant

Reference no: EM13568852

Big Howie's hot Dog Stand is a fast-food restaurant specializing in hot dogs and humburgers. The store employs 8 full-time and 12 part-time workers. The store's weekly payroll averages $5,600 for all 20 workers. Big Howie's hot Dog Stand uses a personal computer to assist in preparing paychecks. each week, the store's accountant collects employee time cards and enters the hours worked into the payroll program. The payroll program calculates each employee's pay and prints a paychek. The accountant uses a check-signing machine to sign the paychecks. next, the restaurant's owner authorizes the transfer of funds from the restaurant's regular bank account to the payroll account.

For the week of may 12, the accountant accidentally recorded 100 hours worked instead od 4o hours for one of the full-time employees. Does Big Howie's Hot Dog Stand have internal controls in place to catch this error? If so, hiw will this error be detected?

Reference no: EM13568852

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