user6066835
Joined: 16 Jun 2009 Posts: 1
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Posted: Sun Feb 07, 2010 6:26 am Post subject: Different Answers for Same Question |
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I do not have a mentor. I am unsure of where to post my questions. I posted this question in two forums. Please advise if I did it incorrectly. Thanks
Why is the answer to this proficiency question under Payroll Cycle False and the answer to the next question under Exam Questions shows the opposite. It seems the two questions are the same with different answers. Please explain.
Proficiency Question
Payroll checks should be distributed by the treasurer.
True
False
Past Exam Question
In meeting the control objective of safeguarding of assets, which department should be responsible for
Distribution of paychecks Custody of unclaimed paychecks
Treasurer Treasurer
Payroll Treasurer
Treasurer Payroll
Payroll Payroll
Correct!
The Treasurer's department should be responsible for both the distribution of paychecks and the custody of unclaimed paychecks as both are custodial functions involving access to the paychecks. Payroll has recording functions and therefore should not also have custody of paychecks. |
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