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Starlight Wholesalers Ltd employs more than employees at its factory in Wynberg. The following is a risk in the payroll and personnel cycle.
There could be misappropriation of unclaimed wages.
Which one of the following alternatives describes the best internal control activity that can be implemented to address the abovementioned risk in the payroll and personnel cycle?
Select one:
a
Employees should be given a maximum of five working days to claim their wages.
b
The unclaimed wages should be retained by the warehouse controller who should lock them away.
c
The warehouse controller and human resource personnel paying out the wages must agree all unclaimed wages to the payroll for employees who have not signed.
d
When employees collect their unclaimed wages, they need to go to the warehouse controller who has their wage
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