Payroll fraud-internal controls

Reference no: EM13113990

Payroll fraud is a type of fraud that's not very difficult to find, if there are controls in place. What often happens, however, is that the payroll clerk is well respected and trusted and allowed free reign. The individual in charge of payroll at my ex-husband's former place of employment was fired because of payroll fraud. She'd had her husband and brother on the payroll for over three years, and neither of them worked for the company. Her supervisor didn't review and reconcile the account like he was supposed to, so it wasn't caught until he was replaced and his replacement performed a reconciliation.

Reference no: EM13113990

Questions Cloud

Explain the midgut barrier hypothesis in mosquito : Explain the "midgut barrier hypothesis" in mosquito borne arborviruses that accounts for different transmission rates or "competencies" among mosquito borne-viruses.

Explain culture provides the framework common identity : Explain Culture provides the framework that gives its natives "common identity". It conveys what is expected of people in order to be successful and accepted in that culture.

What would be expected phentypic ratio of their offspring : A well-kept secret is that the Philly Phanatic is really an F1 organism, the product of a homozygous dominant father and a homozygous recessive mother. The alleles of interest are: G= green fur, g=pink fur, H= horn-shaped snout, h=violin-shaped sn..

What volume will the gas occupy at 0 degree celsius : A sample of gas has a volume of 2 liters at 40 degrees celsius. what volume will the gas occupy at 0 degree celsius.

Payroll fraud-internal controls : Payroll fraud is a type of fraud that's not very difficult to find, if there are controls in place. What often happens, however, is that the payroll clerk is well respected and trusted and allowed free reign.

What to perform if market research gave negative indication : If the market research gave a positive indication the price would be £35,000. If the market research gave a negative indication the price would be only £3,000.

What are the phanatic genotype and phenotype : A well-kept secret is that the Philly Phanatic is really an F1 organism, the product of a homozygous dominant father and a homozygous recessive mother. The alleles of interest are: G= green fur, g=pink fur, H= horn-shaped snout, h=violin-shaped sn..

What is the final temperature of the water : 121 cal of heat are added to 50.0 g of water initially at 15.0 (degrees celsius). What is the final temperature of the water.

Describe the development trajectory of brazil over the past : Describe the development trajectory of Brazil over the past 10 years using 2 of the below economic development theories. (Classical Liberal, Social Theories of Development, structural theories, Neo-classical theories)" 500 words

User Account

All Pages