Internal control : Internal control is a process which ensures continuous reliability of accomplishment of a company’s objectives, related to operations, financial reporting, and in conformity with laws and regulations. The following are the principles of internal control: Authorizing the responsibility Segregation of duties Documenting and recording transactions Physical controls Periodic independent verification Human resource controls Payroll: The total payment that a company is required to pay to its employee for the services received is called as payroll. To Identify : Whether Restaurant B has internal controls to catch the payroll error.

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Please provide correct answer general accounting question

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Chapter 10, Problem 10.14EX

To determine

Internal control: Internal control is a process which ensures continuous reliability of accomplishment of a company’s objectives, related to operations, financial reporting, and in conformity with laws and regulations. The following are the principles of internal control:

Authorizing the responsibility

Segregation of duties

Documenting and recording transactions

Physical controls

Periodic independent verification

Human resource controls

Payroll: The total payment that a company is required to pay to its employee for the services received is called as payroll.

To Identify: Whether Restaurant B has internal controls to catch the payroll error.

To determine

To Identify: The way to detect the payroll error.

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