Explore BrainMass

Explore BrainMass

    Internal Control Over Payroll

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    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.

    © BrainMass Inc. brainmass.com June 4, 2020, 4:26 am ad1c9bdddf
    https://brainmass.com/business/auditing/internal-control-over-payroll-561852

    Solution Preview

    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 ...

    Solution Summary

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

    $2.19

    ADVERTISEMENT