Which of the following is a control activity that most likely could help prevent employee payroll fraud?
A. The Human Resource department promptly sends employee termination notices to the payroll supervisor.
B. Employees who distribute payroll checks forward unclaimed payroll checks to the absent employees' supervisors.
C. Salary rates resulting from new hires are approved by the payroll supervisor.
D. Total hours used for determination of gross pay are calculated by the payroll supervisor.
A. The Human Resource department promptly sends employee termination notices to the payroll supervisor.
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What will be an ideal response?
Acme Global had to lay off 50 employees to cut costs. Acme Global is experiencing _______.
A. Job satisfaction B. Absenteeism C. Employee engagement D. Turnover E. Productivity
Marco's department met or exceeded all of its productivity goals this year. When completing performance evaluations, Marco gave all members of his staff above average or excellent ratings, without considering individual effort. This is an example of a distributional rating error.
Answer the following statement true (T) or false (F)
Apple Inc. reported revenues of 234 billion USD and net income of 53 billion USD in 2015. These figures represent a stunning annual growth in revenue and net income of 28 percent and 33 percent, respectively, for 2014. This information indicates the importance of using ________ to evaluate company financial performance.
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