List the most important weaknesses in their processes and state the misstatements that are likely to result from the weakness.

The Kowal Manufacturing Company employs about 50 production workers and has the following payroll procedures. The factory foreman interviews applicants and on the basis of the interview either hires or rejects them. When applicants are hired, they prepare a W-4 formĀ  and give it to the foreman. The foreman writes the hourly rate of pay […]

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