Accounting Information Systems
10th Edition
ISBN: 9781337619202
Author: Hall, James A.
Publisher: Cengage Learning,
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Question
Chapter 6, Problem 3DQ
To determine
Discuss the internal control to reduce the risk regarding the employees clocking on for others who are actually not present.
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The management of an organisation with a remote workforce is concerned that employees are clocking on for others who are not actually at work. What controls would reduce this risk?
Your organisation is disturbed that some staff members are clocking on for others who do not report for work. Recommend controls that will minimize this menace?
When is more frequent monitoring of internal controls not required?*
When employees are poorly trained.
When the control activity and risk being managed are important.
When a department is making changes to an application being used in that department.
When internal controls have recently been changed to reduce the frequency of errors.
Chapter 6 Solutions
Accounting Information Systems
Ch. 6 - Which document is used by the cost accounting...Ch. 6 - Prob. 2RQCh. 6 - Prob. 3RQCh. 6 - Why should employee paychecks be drawn against a...Ch. 6 - Prob. 5RQCh. 6 - Prob. 6RQCh. 6 - Prob. 7RQCh. 6 - Prob. 8RQCh. 6 - Prob. 9RQCh. 6 - Prob. 10RQ
Ch. 6 - What are the objectives of a fixed asset system?Ch. 6 - How do fixed asset systems differ from purchases...Ch. 6 - What are three tasks of the fixed asset system?Ch. 6 - What information is found on the depreciation...Ch. 6 - Why is it crucial to the integrity of the...Ch. 6 - Prob. 16RQCh. 6 - Prob. 17RQCh. 6 - What document shows when fixed assets are fully...Ch. 6 - Who should authorize disposal of fixed assets?Ch. 6 - Assets used for production are secured in a...Ch. 6 - What is the importance of the job ticket?...Ch. 6 - Prob. 2DQCh. 6 - Prob. 3DQCh. 6 - Prob. 4DQCh. 6 - Discuss some specific examples in which...Ch. 6 - Discuss some service industries that may require...Ch. 6 - Prob. 7DQCh. 6 - If an asset that is not fully depreciated is sold...Ch. 6 - Discuss the fundamental risk and control issues...Ch. 6 - Prob. 10DQCh. 6 - Prob. 11DQCh. 6 - Describe an internal control that would prevent...Ch. 6 - Prob. 13DQCh. 6 - What negative consequences result when fixed asset...Ch. 6 - Prob. 1MCQCh. 6 - Prob. 2MCQCh. 6 - Prob. 3MCQCh. 6 - Prob. 4MCQCh. 6 - Which one of the following documents captures the...Ch. 6 - Which of the following are not fixed asset system...Ch. 6 - All of the following controls are likely to apply...Ch. 6 - All of the following data items are likely to be...Ch. 6 - The following are all transactions processed in...Ch. 6 - Prob. 10MCQCh. 6 - PAYROLL FRAUD John Smith worked in the stockyard...Ch. 6 - Prob. 2PCh. 6 - Prob. 3PCh. 6 - Prob. 4PCh. 6 - Prob. 5PCh. 6 - Prob. 6PCh. 6 - Prob. 7PCh. 6 - Prob. 8PCh. 6 - FIXED ASSET SYSTEM-FRAUD POTENTIAL Holder Co....Ch. 6 - Prob. 10PCh. 6 - Prob. 11PCh. 6 - Prob. 12PCh. 6 - Prob. 1ICCCh. 6 - Prob. 2ICCCh. 6 - Prob. 3ICCCh. 6 - Prob. 4ICCCh. 6 - Prob. 5ICCCh. 6 - Prob. 6ICC
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- Even though technology has improved the internal control structure of a company, a supervisor cannot depend totally on technology. Discuss other internal controls a supervisor needs to implement to ensure a strong structure.arrow_forwardA system of internal control can be rendered ineffective by employee collusion. is premised on the concept of absolute assurance. is infallible. invariably will have costs exceeding benefits. O O O Oarrow_forwardA company implements internal controls to improve the chances that employee will function according to the plans and standard operating procedures developed by the management team. Select one: True Falsearrow_forward
- Internal control procedures do NOT include: A. smart hiring practices. B. adequate records. C. limited access. D. control environment.arrow_forwardAs the client support supervisor for FarFar construction, you noticed that some site workers are clocking on for friends who are not present. Discuss controls you could implement to address this concern.arrow_forwardABC company thinks that implementing good internal control is not that important. Your job is to convince the management team to implement it. What would be your advice?arrow_forward
- Management and auditor are concerned about segregation of duties in computer based systems? Why? How to mitigate this concern?arrow_forwardWhich of the following is not included in the steps to evaluate the internal control system? a. Interview Customers b. Interview Management c. Interview Owners d. Interview Employeesarrow_forwardWhich among the following is not representing an inherent limitation of the Internal control system a. Misunderstanding of instructions by employees b. None of these Options c. Employee conspiracy / collusion d. Limitations due to human decisions/ judgementsarrow_forward
- Which of the following elements of internal control includes maintaining records of employees documenting their compensation and promotion? Control procedures Monitoring Control environment Risk assessmentarrow_forwardThere is a need for artificial intelligence (AI) to replace humans within the workplace? State whether as an auditor you agree/disagree with this argument providing reasons to support your response.arrow_forwardHw.15.arrow_forward
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