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20-17 (Objective 20-3) The following questions concern internal
controls in the payroll and personnel cycle. Choose the best response.
a. A factory foreman at Steblecki Corporation discharged an hourly
worker but did not notify the human resources department. The
foreman then forged the worker’s signature on time cards and work
tickets and, when giving out the checks, diverted the payroll checks
drawn from the discharged worker to his own use. The most effective
procedure for preventing this activity is to
20-20 (Objectives 20-2, 20-3) Following are some of the tests of
controls and substantive tests of transactions procedures often
performed in the payroll and personnel cycle. (Each procedure is to be
done on a sample basis.)
21-17 (Objective 21-1) The following questions concern internal
controls in the inventory and warehousing cycle. Choose the best
response.