Page 218 - All SFAC DOC file
P. 218
Submitted by M/s,Pioneer Holon Agroecology Pvt Ltd
4. Are timesheets maintained for each paid employee? Yes oL4]
(If yes, please enclose a completed sample. Enclosed )
(f no, please go to question 6)
5. Are timesheets reviewed as part of payroll preparation and to allocate labor costs to projeets?
Yes.No[l
6, f ime sheets are not prepared, please describe your organizations process to a) ensure that employees
t
work the required number of hours and b) allocate labor costs to projects.
Allocate labour costs to project
7. Is each employee's salary documented in an employment letter or contract? Yes[No
8. Does your organization's compensation policies and practices -- particularly in regard to compensation
and Tngj benefits as well as the withholding of taxes -- conform with local law?
Yes: _<No: (explain)
9. Does your organization have a system for approval and authorization for procurement?
Yes: [l (please describe) No: (please explain)
As per the prescribed approval process.
10. Are records for vehicles, equipment and other fixed assets maintained? Yes [v]No_f no, please explain:
ff. How often are fixed asset records checked against the actual inventory?
Quarterly
12. Please describe your organization's policy on travel advances and employee loans.
Not Applicable
13. Does your organization maintain insurance to safeguard organizational assets?
Yes: (please describe) No: Ezl
CI DUE DILIGENCE QUESTIONNATRF 5]
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