FLOWCHARTING ASSIGNMENT Prepare two flowcharts - flowcharting how the following system works and how it should work with a proper system of internal control using the Visio software. Indicate what the control weaknesses are. Payroll in the Jones Corporation is processed in the following manner: The payroll clerk receives a statement each week from each supervisor that indicates the hours that were worked by each employee. The payroll clerk then consults the master file that lists the employees and their hourly pay rate. The payroll clerk then enters into the computer the hourly wage and the pay rate and prints out the checks. The checks are then given to the treasurer who signs the checks. The treasurer then returns the signed checks to the payroll clerk who is responsible for distributing the checks to the employees. The payroll clerk also receives from the owner each week any changes in wage rates or new employees at the company. The payroll clerk then enters this new information into the computer and creates a new master file. She also sends a note on the gross pay and deductions for payroll to the general ledger clerk to support the journal entry and the posting to the general ledger.