Control with the pay roll function

Assignment Help Accounting Basics
Reference no: EM13257565

A potential control for managing the risk of employee fraud is to send employees on mandatory vacations. Explain the relation of that control with the payroll function. Why will itbe a good idea to require the payroll clerk, who writes checks, to go on a vacation? Provide examples from real life and discuss.

Reference no: EM13257565

Questions Cloud

Determine the sequence generated from the circuit : Draw a 4-bit Linear Feedback Shift Register using a final transition/excitation equation of Q3+ = D3 = Q1 Q0. Determine the sequence generated from this circuit. How many states does the circuit cycle through when given an initial state of 0001
Use a formal strategic planning process : How do you explain the success of firms which do not use a formal strategic planning process?
Explain how much gas is in the cylinder : A cylinder contains 28.5L of oxygen gas at a pressure of 1.8 atm and a temperature of 298k. How much gas (in moles) is in the cylinder
Discuss how regular access to these media may affect : Television, movies, electronic games, Internet sites with video and animation, and mobile phones are common media for children and adults today.
Control with the pay roll function : A potential control for managing the risk of employee fraud is to send employees on mandatory vacations. Explain the relation of that control with the payroll function.
How might robbies accuracy affect the reimbursements : Robbie is a Certified Coding Associate. Ever since he started working at the facility, it has been his job to assign diagnosis and procedure codes to clinical data based on his review of the documentation in the patients’ records.
Describe work of electrical source in the voltage generator : 1.write down the electrical status equation for the circuit with serial connection of RLC- elements in vector form and darw diagram for this circuit. 2. Describe the work of electrical source in the voltage generator regime. and what is the working..
Calculate monroe-s agi using the cash method : The income statement for Monroe's business shows thefollowing revenues and expenses for 2007, the initial years ofoperations. Calculate Monroe's AGI using the cash method.
What is the mutual inductance of these solenoids : One solenoid is centered inside another. The outer one has a length of 48.0cm and contains 6600 coils, What is the mutual inductance of these solenoids

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd