Asked by Cristina Valadez on Jun 03, 2024
Verified
An aid in internal control over payrolls that indicates employee attendance is the
A) time card
B) voucher system
C) payroll register
D) employee's earnings record
Time Card
A record of the amount of an employee's time spent on different jobs, typically used for payroll purposes.
Internal Control
A system implemented by a company to ensure the integrity of financial and accounting information, promote accountability and prevent fraud.
Payrolls
The total amount of money a company pays to its employees for a set period of time, including wages, salaries, bonuses, and deductions.
- Recognize and comprehend the various payroll documents and their objectives, including the payroll register and the employee's earnings record.
Verified Answer
ZK
Zybrea KnightJun 03, 2024
Final Answer :
A
Explanation :
A time card records when an employee arrives and leaves work, providing evidence for the hours worked and helping to prevent fraud in reporting hours. The voucher system and payroll register are also internal controls over payrolls, but they do not directly indicate employee attendance. An employee's earnings record tracks an individual's wage and salary earnings and is not directly related to internal control over attendance.
Learning Objectives
- Recognize and comprehend the various payroll documents and their objectives, including the payroll register and the employee's earnings record.