Monday, 23 June 2014
You have been hired to evaluate the payroll system for the Skip-Rope Manufacturing Company
You have been hired to evaluate the payroll system for the Skip-Rope
Manufacturing Company. The company processes its payroll in-house. Use
Table 15-1 as a reference to prepare a list of questions to evaluate
Skip-Rope’s internal control structure as it pertains to payroll
processing for its factory employees. Each question should be phrased so
that it can be answered with either a yes or a no; all “no” answers
should indicate potential internal control weaknesses. Include a third
column listing the potential problem that could arise if that particular
control were not in place. (CPA Examination, adapted
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment