User Account

All Pages

What an example of an internal control weakness

Assignment Help Accounting Basics
Reference no: EM132480659

Question 1: An example of an internal control weakness is to assign the payroll department the responsibility for:

Multiple Choice

Option 1: Preparing the payroll expense distribution.

Option 2: Preparing the payroll checks.

Option 3: Authorizing increases in pay.

Option 4: Preparing journal entries for payroll expense.

Reference no: EM132480659

Questions Cloud

There is much criticism that modernization theory : There is much criticism that modernization theory is Eurocentric. Do you think dependency theory is also biased? Why, or why not?
Women generally commit much less crime than men : Women generally commit much less crime than men. Why is this so? How does power-control theory explain levels of female criminality?
What are some specific examples of informal social control : What are some specific examples of informal social control that affect our lives?
What were the actions taken to address concern : How/when has homelessness been identified historically, and what were the actions taken to address this concern?
What an example of an internal control weakness : What An example of an internal control weakness is to assign the payroll department the responsibility for Preparing journal entries for payroll expense.
What the auditors would be most interested in reviewing : In the audit of the allocation of income for a partnership, the auditors would be most interested in reviewing:-Federal Partnership Law.
Plot the data in the order of the dates : Plot the data in the order of the dates. (To earn full credit for this graph you must plot all required points for each curve. While plotting the points a tool
Write a risk plan most probably your likelihood : write a risk plan most probably your likelihood and consequence would have changed and also the treatment would be same or different depending on risk, you can
Types and dimensions of concepts : Which way of summarizing textual data identifies types and dimensions of concepts?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd