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Internal Control Over Payroll

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For good internal controls over payroll, which functions should be separated?
Passing out paychecks or pay stubs
Hiring and firing of employees
Payroll accounting
All of the functions above should be separated.

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This solution provides the correct answer with explanation for the internal control over payroll question provided.

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Passing out paychecks or pay stubs

The passing out of paychecks or pay stubs should be separated from all other functions involving payroll. The reason is to prevent ghost employees on the payroll from going unnoticed. A ...

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