ch10 - 10-30 a.(3) b.(3) c.(4) d.(4) 10-31 a.(3) b.(2)...

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10-30 a.(3) b.(3) c.(4) d.(4) 10-31 a.(3) b.(2) c.(4) d.(2) 10-32 a.(3) b.(4) c.(4) d.(2) 10-33 a.1. Adequate segregation of duties and proper authorization of transactions and activities. 2. Adequate documents and records. 3. Proper authorization of transactions and activities. 4. Adequate separation of duties. 5. Independent check on performance. 6. Adequate documents and records. 7. Proper authorization of transactions and activities. 8.Proper authorization of transactions and activities, and adequate documents and records. 9.Physical control over assets and records, and adequate segregation of duties. 10. Proper authorization of transactions and activities and adequate separation of duties. b. 1. Recorded transactions exist. 2. Existing transactions are recorded. 3. Recorded transactions exist. 4. Recorded transactions exist. 5. Recorded transactions are stated at the correct amounts. 6. Existing transactions are recorded. 7. Recorded transactions exist and recorded transactions are stated at the correct amounts. 8. Recorded transactions exist 9. Recorded transactions exist. 10. Recorded transactions exist and recorded transactions are stated at the correct amounts. c. 1. An unauthorized or invalid time card turned in by an existing employee. The time card may be for an employee who formerly worked for the company or one who is temporarily laid off. 2. A missing time card number never could be identified before preparation of payroll starts. 3. A paycheck cannot be processed for an invalid employee number. 4. A fictitious payroll check that is originated by the person both preparing the payroll checks and distributing the payroll checks. 5. Mechanical errors of adding up the number of hours, calculating the gross
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payroll incorrectly, or calculating withholding incorrectly. 6. Preparation of a check for an inappropriate person, the distribution of that check to that person, and the recording of that check in the cash disbursements journal as a voided check. 7. Both errors and fraud are likely to be prevented if competent trustworthy
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ch10 - 10-30 a.(3) b.(3) c.(4) d.(4) 10-31 a.(3) b.(2)...

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