Answered: What is the purpose of the following…

What is the purpose of the following control procedures (i.e., what threats is it designed to mitigate)? f. Limit checks on hours worked for each time card.

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter3: The General Journal And The General Ledger

Section: Chapter Questions

Problem 5QY

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What is the purpose of the following control procedures (i.e., what threats is it designed to mitigate)?

f. Limit checks on hours worked for each time card.

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