Employers are required to maintain employee earnings records for each person on the payroll. T F 2. Using checks out of sequence is a good internal…

1. Employers are required to maintain employee earnings records for each person on the payroll. T F

2. Using checks out of sequence is a good internal control technique. T F

3. All payroll taxes are due the next day after a payroll is paid. T F

4. Special journals simply refer to accounting journals other than the general journal. T F

5. It is difficult, if not impossible, to reconcile the cash account to the monthly bank statement without first looking at the prior month’s reconciliation. T F