Question: Within a given organization who is the individual most likely
Within a given organization, who is the individual most likely to add ghost employees to the payroll system?
Answer to relevant QuestionsThe key to a falsified hours scheme in a manual system is for the perpetrator to obtain authorization for the falsified timecard. There were four methods identified in this chapter by which employees achieved this. What ...The ability to add ghost employees to a company’s payroll system is often the result of a breakdown in internal controls. What internal controls prevent an individual from adding fictitious employees to payroll records? Provide two examples of how an employee can commit a fictitious expense reimbursement scheme. What internal controls would help to prevent an employee from claiming an expense more than once? What are some tests that can help detect fictitious refund schemes that involve the overstatement of inventories?
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