An employee who is paid a salary of $50,000 submitted a request to withhold $50 per paycheck
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Question:
An employee who is paid a salary of $50,000 submitted a request to withhold $50 per paycheck in voluntary deductions to a 401(K) plan. The next weekly paycheck was for a net amount of $50. The employee was furious. Which of the following controls would be most effective in detecting this problem prior to distributing the paychecks?
a. Financial total
b. Size check
c. Limit check
d. Reasonableness test
e. Record count
Related Book For
Accounting For Managers Interpreting Accounting Information for Decision Making
ISBN: 978-1119979678
4th edition
Authors: Paul M. Collier
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