Question

A control technique that can reduce the risk of a terminated employee being paid is

a.a security camera viewing the time clock
b.the supervisor taking role during the shift
c.paychecks being distributed by an independent paymaster
d.reconciliation of time cards and job tickets

Answer 1

Reconciliation of time cards and job tickets is a control technique that can reduce the risk of paying a terminated employee.

Step-by-step explanation:

The control technique that can reduce the risk of a terminated employee being paid is reconciliation of time cards and job tickets. This process involves comparing the recorded time worked by an employee on their time card with the corresponding job tickets or work orders. By ensuring that the time recorded matches the actual work performed, the risk of overpaying terminated employees can be reduced.

Answer 2

A control technique that can reduce the risk of a terminated employee being paid is paychecks being distributed by an independent paymaster (option c).

Step-by-step explanation:

The control technique that minimizes the risk of a terminated employee being paid is through the distribution of paychecks by an independent paymaster. This measure ensures a separation of duties and responsibilities, preventing unauthorized or mistaken payments to former employees. When an independent paymaster handles the distribution of paychecks, it adds a layer of oversight and reduces the likelihood of terminated employees receiving payments erroneously.

By entrusting this responsibility to a specialized entity or individual, the organization limits the potential for internal errors or fraudulent activities that might occur if this task were managed internally. This control technique aligns with best practices for payroll management, enhancing accountability and reducing the risk of financial losses resulting from payments made to terminated employees.

The other options mentioned, such as a security camera viewing the time clock, supervisor role-taking, and reconciliation of time cards and job tickets, may contribute to monitoring attendance or internal controls, but they do not directly address the specific risk of terminated employees receiving payments after their employment has ended.

In contrast, the independent paymaster approach serves as a direct preventive measure to mitigate this particular risk associated with payroll disbursementHence the correct option is c.paychecks being distributed by an independent paymaster.