Payroll internal control procedures Big Howie's Hot Dog Stand is a fast-food restaurant specializing...
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Accounting
Payroll internal control procedures Big Howie's Hot Dog Stand is a fastfood restaurant specializing in hot dogs and hamburgers. The store employs fulltime and parttime workers. The store's weekly payroll averages $ for all workers: Big Howie's uses a personal computer to assist in preparing paychecks. Each week, the store's accountant collects employee time cards and enters the hours worked into the payroll program. The payroll program computes each employee's pay and prints a paycheck. The accountant uses a checksigning machine to sigil the paychecks. Next, the restaurant's ownermanager authorizes the transfer of funds from the restaurant's regular bank account to the payroll account. For the week of May the actant accidentally recorded hours worked instead of Hosiss for one of the full employees. Does Big Howie'sthtot Dog Stand have internal Ey catch this error? If so how will this error be detected?
Payroll internal control procedures
Big Howie's Hot Dog Stand is a fastfood restaurant specializing in
hot dogs and hamburgers. The store employs fulltime and
parttime workers. The store's weekly payroll averages $ for
all workers:
Big Howie's uses a personal computer to assist in preparing
paychecks. Each week, the store's accountant collects employee
time cards and enters the hours worked into the payroll program.
The payroll program computes each employee's pay and prints a
paycheck. The accountant uses a checksigning machine to sigil
the paychecks. Next, the restaurant's ownermanager authorizes
the transfer of funds from the restaurant's regular bank account to
the payroll account.
For the week of May the actant accidentally recorded
hours worked instead of Hosiss for one of the full
employees.
Does Big Howie'sthtot Dog Stand have internal Ey
catch this error?
If so how will this error be detected?
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