Which internal control is not an important part of the payroll system?
a. Supervisors verify the accuracy of employee time cards.
b. Paychecks are distributed by an independent paymaster.
c. Accounts payable verifies the accuracy of the payroll register before transferring payroll funds to the general checking accounting.
d. General ledger reconciles the labor distribution summary and the payroll disbursement voucher.
C
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Even though the decimal numbering system uses decimals, it does not use ________________ decimals
a. large-font b. recurring c. mathematical d. metric
Which of the following does the covenant of seisin promise?
A) The grantor owns the interest that he or she is conveying. B) The grantor controls an easement in the property he or she is conveying. C) The grantor owns a conditional estate in the land. D) The grantor has complied with all CC&Rs.
Typically, a marketing plan usually includes
A. a corporate mission statement. B. a media schedule. C. articles of incorporation. D. individual job specifications. E. a detailed situation analysis.
The UCC requires that a financing statement be filed under the name of the creditor
Indicate whether the statement is true or false