Question: What is ( are ) a good reason ( s ) for using a payroll bank account for payroll that is separated from your operating

What is (are) a good reason(s) for using a payroll bank account for payroll that is separated from your operating bank account?
Multiple Choice
Easier to audit payroll transactions
Easier to find an individuals payroll transaction if check is lost
Quicker bank reconciliation of payroll checking account
All the answers are correct.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!