The payroll cheques are manually signed by the chief accountant and given to the foreman.The foreman distributes the cheques to the workers in the factory and arranges for the delivery of the cheques to the workers who are absent . The payroll bank account is reconciled by the chief accountant , who also prepares the various monthly payroll tax reports.
Required: Identify the errors or irregularities that may occur in the Edsell Company’s procedures.
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