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Describe an internal control procedure that would prevent a supervisor from stealing the unclaimed paychecks of employees who have been terminated.Select one:a.mail final paychecks to terminated employees.b.Both of the choicesc.using a paymaster to distribute paychecks to employees in person.d.None of the Choices

Question

Describe an internal control procedure that would prevent a supervisor from stealing the unclaimed paychecks of employees who have been terminated.Select one:a.mail final paychecks to terminated employees.b.Both of the choicesc.using a paymaster to distribute paychecks to employees in person.d.None of the Choices

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Solution

The internal control procedure that would prevent a supervisor from stealing the unclaimed paychecks of employees who have been terminated is option c: using a paymaster to distribute paychecks to employees in person.

Here's the step by step process:

  1. The company hires a paymaster, who is a neutral third party responsible for handling payroll.
  2. The paymaster receives the list of employees and the amount of money each should receive from

This problem has been solved

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Describe an internal control procedure that would prevent an employee from punching the time clock for another, absent employee.Select one:a.mail final paychecks to terminated employees.b.supervision of the time clock at the start of the shiftc.Both of the choicesd.using a paymaster to distribute paychecks to employees in person.

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