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Home Q & A Board Other Fields Homework Help Business Accounting
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xiaily xiaily
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A year ago
Which of the following is an accurate statement regarding nonexistent employees?

▸ In order to prevent this type of fraud, the foreman should distribute the paychecks and approve the time cards.

▸ Records for all terminated employees should be destroyed to prevent this type of fraud.

▸ The person committing this type of fraud is generally the CEO or CFO of the company.

▸ This type of fraud often results from the continuance of an employee on the payroll after the employee has been terminated.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
Authors:
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mooltipasmooltipas
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A year ago
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xiaily Author
wrote...

A year ago
Thanks
Jose^2
wrote...

Yesterday
Good timing, thanks!
nicolepope23
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2 hours ago
Helped a lot
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