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NEW QUESTION: 1
Which of the following procedures most likely would be considered a weakness in an entity's internal
controls over payroll?
A. The employee who distributes payroll checks returns unclaimed payroll checks to the payroll
department.
B. The personnel department sends employees' termination notices to the payroll department.
C. Payroll checks are prepared by the payroll department and signed by the treasurer.
D. A voucher for the amount of the payroll is prepared in the general accounting department based on the
payroll department's payroll summary.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. If the employee who distributes payroll checks returns unclaimed checks to the
payroll department, an unscrupulous payroll department employee might be able to set up a fictitious
employee and convert the checks once they are returned to the payroll department. Unclaimed checks
should be turned over to the cashier in the treasurer's department.
Choices "A", "B", and "D" are incorrect. All of the following procedures are good controls over the payroll
system:
A. A voucher for the amount of the payroll is prepared in the general accounting department based on the
payroll department's payroll summary.
B. Payroll checks are prepared by the payroll department and signed by the treasurer.
D. The personnel department sends employees' hire and termination notices to the payroll department

NEW QUESTION: 2

A. Option B
B. Option D
C. Option C
D. Option A
Answer: B

NEW QUESTION: 3
A company plans to implement Dynamics 365 for Finance and Operations mobile device connectivity.
You need to perform a spot cycle count on the mobile device.
Which three actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.

Answer:
Explanation:

Reference:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/supply-chain/warehousing/cycle-counting#perform-a-cycle-count-by-using-a-mobile-device


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