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Kitty works in the payroll division of Ludlow Ltd. When preparing the weekly payroll summary, she found that she is unable to match the total payroll with batch totals of payroll submitted from different departments. In some cases, she is unable to trace certain payments to the original timesheets. Which control would be most likely to address this situation? O Reviews of operating performance. O A good audit trail. O Physical protection of assets. O Segregation of duties.

Kitty works in the payroll division of Ludlow Ltd. When preparing the weekly payroll summary, she found that she is unable to match the total payroll with batch totals of payroll submitted from different departments. In some cases, she is unable to trace certain payments to the original timesheets. Which control would be most likely to address this situation? O Reviews of operating performance. O A good audit trail. O Physical protection of assets. O Segregation of duties.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Kitty works in the payroll division of Ludlow Ltd. When preparing the weekly payroll summary, she found that she is unable to match the total payroll with batch totals of payroll submitted from different departments. In some cases, she is unable to trace certain payments to the original timesheets. Which control would be most likely to address this situation? O Reviews of operating performance. O A good audit trail. O Physical protection of assets. O Segregation of duties.
Transcribed Image Text:Kitty works in the payroll division of Ludlow Ltd. When preparing the weekly payroll summary, she found that she is unable to match the total payroll with batch totals of payroll submitted from different departments. In some cases, she is unable to trace certain payments to the original timesheets. Which control would be most likely to address this situation? O Reviews of operating performance. O A good audit trail. O Physical protection of assets. O Segregation of duties.
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