Evaluate internal control over cash payments
Response to the following problem:
Quick Kick Company manufactures a popular brand of footballs. Quick Kick employs 142 workers and keeps its employment records on time sheets that show how many hours the employee works each week. On Friday the shop foreman collects the time sheets, checks them for accuracy, and delivers them to the payroll department for preparation of paychecks. The treasurer signs the paychecks and returns the checks to the payroll department for distribution to the employees. Identify the main internal control weakness in this situation, state how the weakness can hurt Quick Kick, and propose a way to correct the weakness.