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Kailua Motors is a small manufacturer of specialty electric motors. The company employs 2626 production workers and 77 administrative persons. The following procedures are used to process the company’s weekly payroll:
e. Paychecks are signed by using a check-signing machine. This machine is located in the main office so that it can be easily accessed by anyone needing a check signed.

\blacktriangleright State whether each of the procedures is appropriate or inappropriate after considering the principles of internal control. If a procedure is inappropriate, describe the appropriate procedure.

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Answered 11 months ago
Answered 11 months ago
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In this exercise, we will learn about internal control procedure.

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