Shelly Eckert has prepared the following list of statements about internal control related to payroll. 1. Supervisors

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Shelly Eckert has prepared the following list of statements about internal control related to payroll. 

1. Supervisors monitor hours worked through time cards and time reports. 

2. Payroll function only involves paying the payroll. 

3. The human resources department documents and authorizes employment. 

Identify each statement as true or false. If false, indicate how to correct the statement.

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Related Book For  answer-question

College Accounting

ISBN: 1986

1st Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Deanna C. Martin, Jill E. Mitchell

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