Matt Demko is the loading dock supervisor for a dry ce- ment packaging company. His work crew is composed of unskilled workers who load large transport trucks with bags of cement, gravel, and sand. The work is hard and the employee turnover rate is high. Employees record their attendance on separate timecards. Demko authorizes pay- roll payments each week by signing the timecards and sub- mitting them to the payroll department. The paychecks are then prepared by payroll and distributed to Demko, who distributes them to his work crew.
Required:
Prepare a systems flowchart of the procedures de-
scribed above.
Identify any control problems in the system.
What kinds of frauds are possible in this system?
Email: researchhelpinc@outlook.com | Call Us: USA +1 862 207 3288